Incentives to underprice

an initial public offering, the choices made by issuers, such as the offer price, might not appear to be wealth maximizing. In this article, we argue that the choices are strategic. Based on the model developed by Barry (1989), we show that the average change in the issuer's wealth (4.52 per cent) is lower than the average loss implied by underpricing (12.09 per cent). Our results support the notion that the choices issuers make at the offering generate a compensatory benefit in the aftermarket. That the issuer may well not suffer a net wealth loss from the offering is in accordance with continued initial public offering activity.

A model for assessing financial competence

This thesis aimed to design a valid and reliable assessment of financial competence to decide whether or not someone required help in looking after their finances. A multidimensional assessment was developed that was found useful in identifying the financial difficulties experiences by people with a cognitive impairment.

An examination of financial counselling discourses in Victoria

This thesis investigates the model of practice invoked by the Victorian financial counselling sector. It analyses why community development is inconsistent with the sector's casework approaches to practice, identifies the emergence of a different model of practice and explains financial counselling within the current theoretical context of risk society.

Letter from Lemuel Shaw to Susanna Shaw, January 3, 1797

This single page handwritten letter was sent from Lemuel Shaw to his mother, Susanna, during his freshman year at Harvard. In the letter, he requested that his mother wash and return his dirty laundry and send him clothes, including a pair of overalls, some neck-handkerchiefs, and a new hat. Shaw also asked for money to be sent to pay off his debt of $21.25 to Mr. Richard Hunnewell for board and rent, $18.93 for the previous quarter’s bill, and $1.15 for Mr. Timothy Alden, the College Butler.

Letters from Timothy Pickering to his brother and father, 1797-1798

These two handwritten letters by Timothy Pickering were written on February 14, 1797 and June 14, 1798 to his brother John Pickering and his father Timothy Pickering, respectively. The letter to his brother, John, discusses mutual friends, classmate Thomas Lee, and John’s recent attendance at a sermon by Dr. Joseph Priestley. The letter from Timothy to his father includes a discussion of Timothy’s expenses and the amount of money needed to pay his debts, a request for new shoes for commencement, the news of Timothy’s invitation to join honor society Phi Beta Kappa, and a few comments on his forensics course at Harvard.

A guide to funding resources /

Mode of access: Internet.

Profiteering in a non-profit industry : abusive practices in credit counseling : hearing before the Permanent Subcommittee on Investigations of the Committee on Governmental Affairs, United States Senate, One Hundred Eighth Congress, second session, March 24, 2004.

Shipping list no.: 2005-0006-P.

Mrs. Consumer's dollar; an aid in consumer education,

Mode of access: Internet.

How other people get ahead /

"T. S.S.--23--23"--P. 16.

... Tableau de dépréciation du papier-monnoie : dans le déprtement de la Seine ; calculé sur l'unité de 100 liv. assignats, et 100 liv. mandats ; à partir du premier janvier 1791, (v. st.) jusqu'au premier thermidor, an IV [19 juillet 1796] ; précédé de la loi du 5 messidor [an V = 23 juin 1797], relative aux transactions passées entre particuliers pendant la durée de ladite dépréciation.

Not in Martin & Walter.

Preparing for retirement : who had pension coverage in 1991?

Mode of access: Internet.

Consumer economics.

Bibliographical footnotes.

Johannis Gryphiandri jurisconsulti Oeconomicorum legalium, sive de arte acquirendi & conservandi patrimonii libri duo : in quibus jus civile privatim ad rationes oeconomicas & utilitatem rei familiaris tam in lucris promovendis quàm in damnis avertendis singulari methodo accommodatur.

Includes index.

Improving Millennium Bank's personal finance manager

Double Degree