This paper presents a new test of the present value model of stock price determination, using some of the recent advances in the econometrics of seasonal time series. Unlike earlier studies which generally find stock prices, dividends, and interest rates to be characterized by standard...

Since 1991, business schools in the US and Europe that are affiliated with AACSB have been urged to employ a mission-driven philosophy and approach into their programs. An annual Business School Questionnaire (BSQ) is conducted and shared among members to provide characteristics related to their...