Front Matter Source: Financial Management, Vol. 30, No. 1 (Spring, 2001), pp. 1-7 Published by: Wiley on behalf of the Financial Management Association International Stable URL: http://www.jstor.org/stable/3666387 . Accessed: 19/06/2014 05:34 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]. . Wiley and Financial Management Association International are collaborating with JSTOR to digitize, preserve and extend access to Financial Management. http://www.jstor.org This content downloaded from 185.44.78.113 on Thu, 19 Jun 2014 05:34:21 AM All use subject to JSTOR Terms and Conditions
Transcript
Front MatterSource: Financial Management, Vol. 30, No. 1 (Spring, 2001), pp. 1-7Published by: Wiley on behalf of the Financial Management Association InternationalStable URL: http://www.jstor.org/stable/3666387 .
Accessed: 19/06/2014 05:34
Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at .http://www.jstor.org/page/info/about/policies/terms.jsp
.JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range ofcontent in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new formsof scholarship. For more information about JSTOR, please contact [email protected].
.
Wiley and Financial Management Association International are collaborating with JSTOR to digitize, preserveand extend access to Financial Management.
http://www.jstor.org
This content downloaded from 185.44.78.113 on Thu, 19 Jun 2014 05:34:21 AMAll use subject to JSTOR Terms and Conditions
THE FINANCIAL MANAGEMENT ASSOCIATION INTERNATIONAL OFFICERS * DIRECTORS * EDITORS
President Andrew H. Chen Southern Methodist University 2000-2001
Secretary/Treasurer R. Charles Moyer Wake Forest University 1994-2002
Chairman, Finman Corporation David A. Walker Georgetown University 1999-2002
Vice President-Program Mark Flannery University of Florida 2001-Toronto, Canada
Vice President-Global Services Clifford W. Smith University of Rochester 1999-2001
Vice President-Practitioner Services Ronald Watson Custodial Trust Company 1999-2002
Editors, Survey and Synthesis Series Art Keown Virginia Polytechnic Institute Kenneth Eades University of Virginia 1998-2001
Editors, Financial Management Lemma W. Senbet University of Maryland Kose John New York University James K. Seward University of Wisconsin Alexander J. Triantis University of Maryland 2000-2003
Editors, Financial Practice and Education Ali Fatemi & Keith Howe DePaul University 2000-2002
Editor, Contemporary Finance Digest Pamela P. Peterson Florida State University 1997-2000
FM Financial Management (ISSN 0046-3892) is published quarterly by the Financial Management Association International, University of South Florida, College of Business Administration, 4202 E. Fowler, Tampa, FL 33620-5500, an affiliate of the Finman Corporation. Periodicals postage paid at Tampa, FL and additional mailing offices. POSTMASTER: Send address changes to: FM Financial Management, c/o Financial Management Association International, University of South Florida, College of Business Administration, Tampa, FL 33620-5500. Telephone: (813) 974-2084. Fax: (813) 974-3318.
Membership dues in the Association include $10 for a one-year subscription to Financial Management. Membership fees: New Professional $95, Renewal Professional $65, New Sustaining $120, Renewal Sustaining $90. Subscriptions for libraries and other non-members are $120 per year. Libraries outside the US, add $10.50 for shipping. Libraries in Canada and Mexico, add $8 for shipping. Members outside the US add $25 per year to cover overseas postage (surface delivery). Canada and Mexico add $20. All fees must be in US dollars drawn on a US bank. A membership application is available in this issue.
Memberships and Subscriptions: Write Financial Management Association International, University of South Florida, College of Business Administration, Tampa, FL 33620-5500. Telephone: (813) 974-2084. Fax (813) 974-3318. Email:
Manuscripts: Send five copies to Professor Lemma W. Senbet, Financial Management Office, University of Maryland, Robert H. Smith School of Business, College Park, MD 20742-1815. A submission fee is required for evaluation of each
manuscript: $70 for FMA members, $165 for non-FMA members, and $100 for doctoral students who are not FMA members (US dollars). The $165 and $100 non-member submission fees include a one-year membership in FMA for the submitting author. Style information is available in this journal. The Editors and the Association assume no responsibility for the views
expressed by the authors.
Advertising Rates and Requirements: Write Financial Management Association International, University of South Florida, College of Business Administration, Tampa, FL 33620-5500. Telephone: (813) 974-2084. Fax: (813) 974-3318.
Publishing Schedule and Deadlines for 2001: Financial Management is published on February 15 (Spring), May 15 (Summer), September 1 (Autumn), and November 31 (Winter). Deadlines for receipt of meeting announcements, calls for papers, or
positions available are March 18 (Spring), June 6 (Summer), August 26 (Autumn), and November 20 (Winter). Announcements received after these deadlines will be printed in the current issue if possible or will be printed in the subsequent issue (if appropriate). (These deadlines do not apply to camera-ready copy for advertisements. Advertisers, please direct queries to the Managing Editor.)
Permission to Quote or Republish: Blanket permission is granted to any individual wishing to use articles appearing in Financial Management for educational (university classroom) purposes. Written permission from the Financial
Management Association International or the Editors is not required. All other requests to quote or republish should be submitted in writing to Financial Management Association International, University of South Florida, College of Business Administration, Tampa, FL 33620-5500. Telephone: (813) 974-2084. Fax: (813) 974-3318. Website: http://www.fma.org
Copyright C 2001 Financial Management Association International, an affiliate of the Finman Corporation. Composed and
printed by Dartmouth Printing Company, Hanover, NH. Printed in the U.S.A.
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Management VOLUME 30 CONTENTS OF ISSUE 1 SPRING 2001
Bank Relationships and Firm Profitability Hans Degryse and Steven Ongena............................................... .........................9
The Initial Listing Decisions of Firms That Go Public Shane A. Corwin and Jeffrey H. Harris.....................................................................35
Do Nonrefunding Provisions Constrain Corporate Behavior? Evidence from Calls F rancis J. K erins, Jr................................................... ...........................................57
The Debt Maturity Structure of Small Firms
Frederick C. Scherr and Heather M. Hulburt............................... 85
Is the Response of Analysts to Information Consistent with Fundamental Valuation? The Case of Intel
B radford C ornell............................................................................................................ 113
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