Back MatterSource: Financial Management, Vol. 3, No. 4 (Winter, 1974), pp. 80-88Published by: Wiley on behalf of the Financial Management Association InternationalStable URL: http://www.jstor.org/stable/3664933 .

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FMA's Placement Clearinghouse

Appointments Sought and Positions Available

Organizations, academic and non-academic, wishing to list an opening should indicate, in about 25 words, the title of the position; description of duties; salary range; starting date; the name and mailing address of the person or department to contact. Academic administra- tive openings may be listed on a coded or noncoded basis. For example:

North Pole University: Assistant professor; teach money and banking, cor- poration finance, investments; September or June 1 974; contact: Professor I.M. Crusader, Chairman Finance Department, Graduate School of Business, Shady Lane, North Pole, 70707.

or

XYZ Bank: Assistant vice-president to manage investment portfolio of small national bank; Ph.D. or close to Ph.D. desirable; salary range $25,000- 32,000 depending on qualifications. Contact: Harry Goldstock, Senior Vice- President, 201 Reserve Lane, Sutter City, New York, 08303.

or

Mid-Eastern State University: Dean to direct faculty of thirty-five in the areas of innovative new programs; achieving accreditation; closer ties with business and increased publications. Contact: President Avery Reasonable, Academic City, Missouri, 40111.

Persons wishing to list their interest in new appointments should describe in approximately 25 words their field of interest; degrees; relevant experiences; age and marital status; salary desired; and location preference. For example:

Financial Management and Statistics: Ph.D.; ten years teaching; extensive publications; male; married, two children, 35 years; seeking senior level, graduate teaching and research opportunity; will relocate. Code 1 05.

As noted in the illustration, each applicant listing will be coded and respondents should refer specifically to the code when contacting the Placement Clearinghouse. The Placement Clearinghouse takes no responsibility for selecting applicants or following up on results. The Clearinghouse will act solely as a distribution point for forwarding inquiries. The Director, however, will appreciate receiving notification of appointments made as a result of the service. Announcements of openings and applicants will be repeated for a maximum of two consecu- tive issues unless a shorter period is requested.

Organizations wishing to list faculty and business openings should write or contact: Dr. James M. Kelly Director, Placement Clearinghouse Drexel University College of Business and Administration Philadelphia, Pa. 19104

Applicants for new appointments should write or contact: Dr. Raymond N. Davis Associate Director, Placement Clearinghouse Temple University School of Business Administration Philadelphia, Pa. 19122

Schools seeking to fill Financial Vice Presidencies, Deanships, or other administrative posi- tions (other than department headships) should write or contact:

Dr. Donald J. Puglisi Associate Director, Placement Clearinghouse College of Business and Economics University of Delaware Newark, Delaware 19711

Financial Management 80

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FINANCIAL MANAGEMENT PLACEMENT CLEARINGHOUSE

Positions Available

Wittenberg University: Assistant/Associate Professor; teach Quantitative Methods, Finance, Investments; consider MBA -

prefer work toward doctorate; September 1975; salary competi- tive. Contact Woodrow Wilson, Chairman, Business Administra- tion Dept., Wittenberg University, Springfield, Ohio 45501. Wittenberg is an Equal Opportunity/Affirmative Action employ- er.

Bowling Green State University: Assistant Professor; develop a program and teach courses in the area of real estate; some teaching in finance and investments; September 1975; salary competitive; PhD or DBA preferred. Contact Dr. William H. Fichthorn, Chairman, Dept. of Finance and Insurance, Bowling Green State University, Bowling Green, Ohio 43403. An affirmative action employer.

Instituto Centroamericano De Administracion De Empresas: Assistant/Associate/Full Professor position open September 1975 to teach in Development Banking Program; should have doctorate in finance, financial institutions, or related area and

teaching experience; practical experience and Spanish desirable, but not essential; salary $12,000 - $16,000; $17,000- $21,000; $20,000- $24,000. Contact Dr. Harry W. Strachan, INCAE, Apartado 2485, Managua, Nicaragua.

Indiana University (Bloomington-lndianapolis): Assistant Profes- sor of Finance for the 1976-77 academic year; positions above the assistant rank are also possible for appropriately qualified individuals; qualifications for these positions are flexible with respect to speciality areas with duties balanced among under-

graduate and graduate teaching, research, and service; IU is an Affirmative Action Employer, interested in qualified women and minority candidates. Applications should include curriculum

vitae, names and addresses of three references, dissertation pro- posal or abstract, and copies of research papers and/or publica- tions, and should be received by November 1, 1975. Address

applications to Donald L. Tuttle, Chairman, Finance Depart- ment, Graduate School of Business, Indiana University, Bloom-

ington, Indiana 47401.

(A Directory of Positions Available, mailed to all FMA members in October, is also available on request as the supply lasts.)

Winter 1974 81

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Editorial Advisory Notes for

Financial Management

A Style Sheet for Prospective Authors

Manuscript submission. Manuscripts should be submitted to the Editor at the address shown on the journal's masthead page. Not less than two copies must be submitted.

Manuscript evaluation fee. There is a nonrefund- able charge of $10 for evaluating manuscripts. Pay- ment of this fee may be made by personal check made payable to the Financial Management Associa- tion. Payment must accompany original submission of the manuscript. If the Editor requests a revision of the manuscript, a fee will not be charged for subsequent reevaluation of the manuscript.

First page. Financial Management evaluates manu- scripts anonymously. Authors can facilitate this by leaving their identities off the first (title) page, and are requested to do so.

Abstract and biographical statement. An abstract of each article a few sentences in length will be published in the table of contents of each issue. The author should supply the abstract typed on a page separate from the text. The abstract must be no more than a few sentences in length. This separate page should include also the title of the manuscript, author's(s') name(s), and a biography of each author of about two or three sentences.

Viewpoint. The keystone of Financial Manage- ment's editorial policy is its interest in literature focused on issues in management and decision mak- ing at the level of the individual unit. As such, the journal serves the community of executives and academicians concerned with financial management of non-financial businesses, financial institutions, and public and private nonprofit entities. In general, a manuscript submitted to Financial Management should assume the perspective of the financial man- ager at the "level of the firm."

The principal criterion of publishability of a manuscript is instructiveness irrespective of whether it is normative or descriptive. Underlying methodology is in itself a matter of indifference. Methodology should be dictated by the nature of the task assumed by the author.

Mathematical expression - In general, the text of an article in Financial Management should avoid tedious mathematical expression. Derivations and proofs should appear in a mathematical appendix.

The body of the manuscript should contain only resulting mathematical expressions-or formulae- whenever this is sufficient for orderly exposition. When algebraic expressions do appear in the text, they should be accompanied by a prose equivalent of its economic/finance content.

Printing cost is minimized when algebraic ex- pressions appear on one line rather than on two. Thus, instead of having an expression like

k= +g

it is preferable to have k = D/P + g.

Clearly, this format is not always usable. For ex- ample, it would be almost impossible to have the following in any style other than the way it appears.

Vo= t=l t= 1

Ft t nT (l+ir)t T= 1

When possible, though, the single line format is advisable.

It is often the case that identification of variables is expensive with respect to space and is laborious reading. To minimize the effect on space, enumera- tive style with one variable and definition per line should be avoided. Rather, when clarity will not suffer, definitions should appear in running style with separation accomplished by commas, semi- colons, or numbering. Occasionally, a conspectus of symbols is warranted at the end of a manuscript to avoid burdening prose exposition unduly.

Avoidance of enumerative style applies as well to prose expression.

Often it is possible to introduce an algebraic expression or formula with prose in a way that allows reading to proceed smoothly. For example, contrast the styles in the two following examples where the first is the preferable one.

Winter 1974 85

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After defining LT, the author said,

"If total corporate assets were A1, with the amount Al consisting of receivables and A2 representing all other assets, and if the

typical shrinkage of those values upon liquida- tion caused the anticipated recovery percentage to be rl for receivables and r2 for everything else, expected aggregate receipts from the

liquidation of the borrower would be:

rlA1 + r2A2 = LT"

In contrasting style, the same author wrote, after having defined LI, kl, and D,

"He would come out whole if, but only if:

LI rA1 > klD

since he would have no recourse to the assets of the parent corporation."

The editors of Financial Management strongly pre- fer the former style.

Footnotes. Reference footnotes will appear in Financial Management collected in an alphabetic listing at the end of each article. Consequently, a reference in the text to a manuscript should note

the appropriate citation by a number that applies to the author's alphabetically ordered references.

The following are examples of our footnote style: 9. Alexander A. Robichek and Stewart C. Myers,

Optimal Financing Decisions, Englewood Cliffs, New Jersey, Prentice-Hall, Inc., 1965.

10. Eli Schwartz and J. Richard Aronson, "Some Surrogate Evidence in Support of the Concept of Optimal Financial Structure," Journal of Fi- nance (March 1967), p. 10.

11. Ezra Solomon, The Theory of Financial Man- agement, New York, Columbia University Press, 1963.

References to these footnotes in the text of the article should appear in brackets (not parentheses) as [9], [10], [11], or if referenced at the same place would be [9, 10, 11]. If accompanied by a page reference, the notation would appear [9, pp. 39-41].

Content footnotes should be minimized. In gen- eral, their import should be absorbed in the exposi- tion of the manuscript. Some unavoidable exceptions will be made to this policy. Content footnotes will

appear at the foot of the appropriate page. Courtesy acknowledgements customary in many

academic journals will ordinarily not be used. Only in unusual cases will they appear, and then they will

Exhibit 1. Simplest Capital-Allocation Model

Rate of

Return

21% A

20%

19%

18%

17%

16%

15%

14% K

13%

12%

11%

10%

krM=wikmi + wekm

4%

0 $50 $100 $150 $200 Cumulative

Investment

Financial Management 86

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be placed at the end of the manuscript immediately before the reference footnotes.

Tables, graphs, and charts. Tables and graphs should all appear on separate pages. In final published form they will appear in the body of the article. All tables, graphs, and charts should be labeled as Exhibits and referred to in the text of the manuscript as "Exhibit 1," "Exhibit 2," etc. Of

course, they should be numbered serially with respect to the order of their first mention in the text.

Authors are responsible for supplying Financial Management with final drafts of camera-ready copy of charts and graphs drawn professionally. A good example of form desired in our graphs is shown on the preceding page.

Winter 1974 87

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PROFESSIONAL ASSOCIATION MEETING ANNOUNCEMENTS

FINANCIAL MANAGEMENT ASSOCIATION

Date: October 16-18, 1975 Place: Crown Center

Kansas City, Missouri 64108

Further program information from:

Further meeting information from:

Professor Richard S. Bower Amos Tuck School of Business Administration Dartmouth College Hanover, New Hampshire 03755 Telephone: (603) 646-2680

Professor George E. Pinches College of Administration and Public Affairs University of Missouri, Columbia Columbia, Missouri 65201 Telephone: (314) 882-2750

SOUTHERN FINANCE ASSOCIATION (in conjunction with the Southern Economic Association)

Date: November 13-15, 1975 Place: Fairmont-Roosevelt Hotel

New Orleans, Louisiana 70140 Further program information from: Professor David F. Scott

Department of Business Virginia Polytechnic Institute and State University Blacksburg, Virginia 24061 Telephone: (703) 951-6596

Further meeting information from: Professor Richard F. Wacht Department of Finance Georgia State University Atlanta, Georgia 30303 Telephone: (404) 658-2632

SOUTHWESTERN FINANCE ASSOCIATION

Date: March 17-20, 1976 Place: Hilton Palacio del Rio

San Antonio, Texas 78206 Further program information from:

Further meeting information from:

Professor Paul D. Cretien, Jr. College of Business and Administration University of Colorado at Colorado Springs Colorado Springs, Colorado 80907 Telephone: (303) 598-3737 Professor Charles W. Hackett, Jr. Department of Finance Graduate School of Business The University of Texas at Austin Austin, Texas 78712 Telephone: (512) 471-7111

Financial Management

,I_

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