17 research outputs found
The Taxpayer Objectives of Using Tax Preparer Services and the Factors Important to the Selection of a Tax Preparer
A rapid and sensitive fluorometric method for the quantitative analysis of snake venom metalloproteases and their inhibitors
The influence of salt withdrawal subsidence on palaeosol maturity and cyclic fluvial deposition in the Upper Triassic Chinle Formation: Castle Valley, Utah
An Analysis of Resolution Trust Corporation Transactions: Auction Market Process and Pricing
This article describes the operations of the Resolution Trust Corporation (RTC), examines the procedures it employs to resolve distressed Savings and Loan scenarios and investigates the pricing of transactions undertaken by the RTC. The RTC has been criticized for allegedly transferring properties to acquirers at "bargain" prices. The transactions involving publicly traded acquirers in RTC sales are examined from an auction theory perspective. Overall, there is little evidence that winning bidders experience stock price gains. There are, however, subsets of bidders for which the outcomes are predominantly negative. The only category of transactions which provide statistically significant gains to acquirers are Insured Deposit Transfers. Copyright American Real Estate and Urban Economics Association.