Abstract

Dr. Keown is Assistant Professor of Finance at Virginia Polytechnic Institute and State University and received his DBA from Indiana University. He has coauthored articles forthcoming in The Journal of Portfolio Management, The Engineering Economist, and the Journal of Financial and Quantitative Analysis. Dr. Martin is Associate Professor of Finance at Virginia Polytechnic Institute and State University and received his DBA from Texas Tech University. He has coauthored articles in the Journal of Business, the Journal of Finance, the Journal of Monetary Economics, and the Winter 1974 and Spring 1975 issues of Financial Management, and forthcoming in the Journal of Financial and Quantitative Analysis and The Engineering Economist.

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