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Volumn 18, Issue 3, 1999, Pages 323-338

Thrift Conversions and Windfall Profits: An Empirical Examination

Author keywords

Initial public offerings; Mutual savings and loans; Thrift conversions

Indexed keywords


EID: 0033459024     PISSN: 08955638     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1007733001217     Document Type: Article
Times cited : (5)

References (16)
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    • Aharony, J.1    Falk, H.2    Lin, C.-J.3
  • 2
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    • Akella, S.R.1    Greenbaum, S.J.2
  • 3
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    • The underpricing of IPOs of financial institutions
    • Alli, Kasim, Jot Yau, and Kenneth Yung. (1994). "The Underpricing of IPOs of Financial Institutions," Journal of Business Finance and Accounting 21(7), 1013-1029.
    • (1994) Journal of Business Finance and Accounting , vol.21 , Issue.7 , pp. 1013-1029
    • Alli, K.1    Yau, J.2    Yung, K.3
  • 5
    • 0043068169 scopus 로고
    • What should be done about 'Windfall' gains in the mutual-to-stock conversion of thrift institutions?
    • Barth, James R., R. Dan Brumbaugh, Jr., and Allan W. Kleidon. (1994). "What Should Be Done About 'Windfall' Gains in the Mutual-to-Stock Conversion of Thrift Institutions?" Challenge 37(4), 43-49.
    • (1994) Challenge , vol.37 , Issue.4 , pp. 43-49
    • Barth, J.R.1    Dan Brumbaugh R., Jr.2    Kleidon, A.W.3
  • 6
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    • Expense-Preference Behavior, Agency Costs, and Firm Organization
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  • 7
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    • March 1
    • Bradsher, Keith. (1994a). "U.S. Gain Seen in Mutual Bank Sales," New York Times, March 1, p. D2:4.
    • (1994) New York Times
    • Bradsher, K.1
  • 8
    • 33845527142 scopus 로고
    • U.S. seeks to curb large payouts to mutual savings bank officials
    • January 27
    • Bradsher, Keith. (1994b). "U.S. Seeks to Curb Large Payouts to Mutual Savings Bank Officials," New York Times, January 27, p. A1:5.
    • (1994) New York Times
    • Bradsher, K.1
  • 9
    • 36749092418 scopus 로고
    • Using daily stock returns: The case of event studies
    • Brown, Stephen J., and Jerold B. Warner. (1985). "Using Daily Stock Returns: The Case of Event Studies," Journal of Financial Economics 14(1), 3-31.
    • (1985) Journal of Financial Economics , vol.14 , Issue.1 , pp. 3-31
    • Brown, S.J.1    Warner, J.B.2
  • 11
    • 0011694303 scopus 로고
    • Mutual-to-stock Conversions by Thrifts: Implications for Soundness
    • Dunham, Constance R. (1985). "Mutual-to-stock Conversions by Thrifts: Implications for Soundness," New England Economic Review, 31-45.
    • (1985) New England Economic Review , pp. 31-45
    • Dunham, C.R.1
  • 12
    • 84986520376 scopus 로고
    • Returns to initial shareholders in savings institution conversions: Evidence and regulatory implications
    • Jordan, Bradford, D., James A. Verbrugge, and Richard M. Burns. (1988). "Returns to Initial Shareholders in Savings Institution Conversions: Evidence and Regulatory Implications," Journal of Financial Research 11(2), 125-136.
    • (1988) Journal of Financial Research , vol.11 , Issue.2 , pp. 125-136
    • Jordan, B.D.1    Verbrugge, J.A.2    Burns, R.M.3
  • 13
    • 0000378752 scopus 로고
    • Changes in ownership structure: Conversions of mutual savings and loans to stock charter
    • Masulis, Ronald W (1987). "Changes in Ownership Structure: Conversions of Mutual Savings and Loans to Stock Charter," Journal of Financial Economics 18(1), 29-59.
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    • Masulis, R.W.1
  • 14
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    • Testing for expense preference behavior: Mutual versus stock savings and loans
    • Mester, Loretta J. (1989). "Testing for Expense Preference Behavior: Mutual Versus Stock Savings and Loans," Rand Journal of Economics 40, 483-495.
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    • Mester, L.J.1
  • 15


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.