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This e-book opens with the letter from the President of Southwestern Finance Association. Lalatendu provides the historical aspect of the organization. This is followed by the AAII Best Paper by Kubota and Takehara. They investigate the best conditional asset pricing model to explain the abnormal returns for the firms listed in Tokyo Stock Exchange. Whitworth and Zhang show how the recent capital gains affect ex-dividend stock pricing while Hull, Walker and Kwak assess the impact of insider ownership decreases on stock returns for firms undergoing seasoned equity offerings (SEOs). Finally, Williams and Tse examine the impact of the 2008 SEC short selling ban on financial firms.
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