Purpose – This study aims to analyze withdrawn shareholder proposals to gain insight into the role of shareholder proposals in the governance of public corporations. Design/methodology/approach – A cursory look at the data suggests that unions are the most likely group to withdraw proposals....

Purpose: The purpose of this study is to empirically investigate the impact of aggregate federal personal income tax evasion on the real interest rate yield on 10-year Treasury notes, 20-year Treasury bonds and 30-year US Treasury bonds. Design/methodology/approach: An open-economy loanable...

Purpose: This study investigates the impact of federal income tax rates and budget deficits on the nominal interest rate yield on high-grade municipal tax-free bonds (municipals) in the US. The 58-year study period covers the years 1959 through 2016 and thus is very recent....

This study tests for direct causality between RealClearPolitics (RCP) polling averages and InTrade (IT) share-prices by performing Granger causality tests. These tests are applied to the 2012 U.S. presidential election campaign between Barack Obama and Mitt Romney. Three time series are...

This study re-examines the relationships between school performance (at the high school level) on standardized exams and both teacher pay/salaries and teacher quality, where the latter is measured by teachers’ human capital. To undertake this analysis, we employ Academic Performance Index...

A key issue in health care reform is the need to contain the inflation rate of the CPI for health care services without substantially reducing the quality of health care. Althought the previous literature has widely debated the causes of increasing inflation in the CPI for health care services,...

The adverse health effects from cigarette smoking account for an estimated 443,000 deaths annually in the U.S. Given this circumstance, this study has two objectives. First, it uses a state-level panel data set for a recent time frame to investigate the impact of federal plus state cigarette...

Data from Internet auctions of unused tickets to Walt Disney World are used to establish the presence and financial impact of liquidity constraints for consumers, even when those consumers are confronted with a very short time horizon and a substantial potential monetary saving. Bidding for...