Jensen argues that there are agency costs associated with free cash flow. This study extends
that argument and posits that shareholders condition their valuation decisions on firms' …

This article analyzes insurance futures contracts versus reinsurance contracts as alternative
methods of trading underwriting risk. Insurance futures contracts are based on the …

… Mann is an accomplished teacher, winning 16 awards for excellence in teaching. He is a
consultant to investment/commercial banks and has conducted more than 60 training programs …

Insurance futures contracts and options on these contracts developed by the Chicago Board
of Trade provide a means for insurers and reinsurers to hedge underwriting losses due to …

This paper reviews the major theoretical and empirical contributions to the dividend
literature since Black reported on the state of knowledge in 1976. In these studies, two major …

… Professor Mann is an accomplished teacher, winning twenty awards for excellence in
teaching. He also works as a consultant to investment/commercial banks and has conducted train…

We analyze a new form of call provision known as a “make-whole” call, which utilizes a
floating call price based on the level of current interest rates. As rates drop (rise), the call price …

… Nobody understands this better than fixed income experts Frank Fabozzi and Steven
Mann. And now, with the revised and updated Introduction to Fixed Income Analytics, Second …

The popularity of convertible debt as a financing vehicle waxes and wanes. In this article,
we investigate whether the timing of convertible debt issues can be explained by three …

… Donkin, SV Mann and EI Hamilton, Microcoulometric determination of total organochlorine
pesticide and polychlorinated biphenyl residues in grey seal (Halichoerus grypus) blubber. …