List of Contributors. Introduction. Time diversification and stochastic dominance (C.W. Hodges, H. Levy, J.A. Yoder). Minority equity investments and inter-firm collaborations (S.H. Chan, J.W. Kensinger, A.J. Keown, J.D. Martin). Size and book-to market effects in the returns on information technology stocks (Q.-N. Nguyen, T.A. Fetherston, J.A. Batten). Implied volatilities and auditor reputation: The Andersen case (J. M. Godbey, J.W. Mahar Jr.). Secondary equity offerings: The case of installments receipts (N. Charupat, C.S. Cheung). A new approach to testing PPP: Evidence from the Yen (T.J. Brailsford, J.H.W. Penm, R.D. Terrell). Correlation among stock markets under different exchange rate systems (P. Sarmas). Multiple banking as a commitment not to rescue (P. Povel). Opportunity cost and prudentiality: An analysis of collateral decisions in bilateral and multilateral settings (H.L. Baer, V.G. France, J.T. Moser). Collateralization and the number of lenders in private debt contracts: An empirical analysis (G.S. Roberts, N.A. Siddiqi). An examination of the efficiency of single versus multiple common bond credit unions (J.D. Tripp, P.M. Kenny, D.T. Johnson).