The Journal of Finance

Cover image for Vol. 26 Issue 2

May 1971

Volume 26, Issue 2

Pages i–xiv, 243–660

  1. Front Matter

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. Front Matter (pages i–vii)

      Version of Record online: 30 NOV 2015 | DOI: 10.1111/j.1540-6261.1971.tb00289.x

  2. [Photograph]: Walter E. Hoadley

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. [Photograph]: Walter E. Hoadley (page viii)

      Version of Record online: 30 NOV 2015 | DOI: 10.1111/j.1540-6261.1971.tb00290.x

  3. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DOMESTIC EXPANSION AND EXTERNAT., RESPONSIBILITIES (pages 243–250)

      Paul A. Volcker

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00894.x

  4. Session Topic: Balance of Payments Adjustment

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. THE EFFECT OF THE BUSINESS CYCLE ON TRADE FLOWS OF INDUSTRIAL COUNTRIES (pages 251–268)

      Robert Solomon, F. Gerard Adams and Helen B. Junz

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00895.x

  5. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. CAPITAL MOVEMENTS AMONG MAJOR OECD COUNTRIES: SOME PRELIMINARY RESULTS (pages 269–286)

      William H. Branson and Raymond D. Hill Jr.

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00896.x

    2. THE WELFARE ECONOMICS OF INTERNATIONAL ADJUSTMENT (pages 287–302)

      Thomas O. Willett and Edward Tower

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00897.x

  6. Discussion

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DISCUSSION (pages 303–305)

      Lawrence B. Krause

      Version of Record online: 30 NOV 2015 | DOI: 10.1111/j.1540-6261.1971.tb00286.x

    2. DISCUSSION (pages 303–305)

      Lawrence B. Krause

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00898.x

    3. DISCUSSION (pages 306–307)

      Donald R. Hodgman

      Version of Record online: 30 NOV 2015 | DOI: 10.1111/j.1540-6261.1971.tb00287.x

    4. DISCUSSION (pages 308–309)

      Robert M. Stern

      Version of Record online: 30 NOV 2015 | DOI: 10.1111/j.1540-6261.1971.tb00288.x

  7. Session Topic: Lessons of the Penn Central Debacle

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. THE INDUSTRIAL ECONOMICS BACKGROUND OF THE PENN CENTRAL BANKRUPTCY (pages 311–326)

      Leonard Silk, George Garvy and J. Fred Weston

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00899.x

  8. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. THE PENN CENTRAL DEBACLE: LESSONS FOR FINANCIAL ANALYSIS (pages 327–332)

      Roger F. Murray

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00900.x

    2. RAILROAD BANKRUPTCY PROPENSITY (pages 333–345)

      Edward I. Altman

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00901.x

    3. TOWARDS A THEORY OF FINANCIAL DISTRESS (pages 347–356)

      M. J. Gordon

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00902.x

  9. Discussion

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DISCUSSION (pages 357–358)

      Peter L. Bernstein

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00903.x

  10. Session Topic: Financial Constraints and Minority Economic Development

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. WEALTH ACCUMULATION OF BLACK AND WHITE FAMILIES: THE EMPIRICAL EVIDENCE (pages 363–377)

      The Honorable Andrew F. Brimmer and Henry S. Terrell

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00904.x

  11. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. THE BLACK BANKS: AN ASSESSMENT OF PERFORMANCE AND PROSPECTS (pages 379–405)

      Andrew F. Brimmer

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00905.x

    2. BLACK BANKING—PROBLEMS AND PROSPECTS (pages 407–425)

      Edward D. Irons

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00906.x

    3. HOUSING THE UNDERHOUSED IN THE INNER CITY (pages 427–444)

      Fred E. Case

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00907.x

    4. THE SMALL BUSINESS CAPITAL GAP: THE SPECIAL CASE OF MINORITY ENTERPRISE (pages 445–457)

      W. J. Garvin

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00908.x

  12. Discussion

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DISCUSSION (pages 458–465)

      Marcus Alexis

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00909.x

  13. Session Topic: Business Finance Issues

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DYNAMIC PROGRAMMING APPLICATIONS IN FINANCE (pages 473–506)

      Alexander A. Robichek, Edwin J. Elton and Martin J. Gruber

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00910.x

  14. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DIVIDEND POLICY AND NEW EQUITY FINANCING (pages 507–519)

      James C. Van Horne and John G. McDonald

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00911.x

    2. A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER (pages 521–537)

      Wilbur G. Lewellen

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00912.x

  15. Discussion

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DISCUSSION (pages 538–545)

      Stewart C. Myers

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00913.x

  16. Session Topic: Evaluation of Government Expenditures

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. EFFECTS OF SUBOPTIMIZATION ON URBAN GOVERNMENT DECISION MAKING (pages 547–564)

      Carl S. Shoup and Donald C. Shoup

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00914.x

  17. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. ON THE DEMISE OF THE SOCIAL DISCOUNT RATE (pages 565–578)

      Harold M. Somers

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00915.x

  18. Discussion

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DISCUSSION (pages 579–583)

      John F. Due

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00916.x

  19. Session Topic: Trends in Banking Structure and Regulation

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. FINANCIAL STRUCTURE AND REGULATION: SOME KNOTTY PROBLEMS (pages 585–598)

      Clifton H. Kreps and Samuel B. Chase Jr.

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00917.x

  20. Articles

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. THE FUTURE SHAPE OF BANKING REGULATION (pages 599–604)

      Carter H. Golembe

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00918.x

    2. A MORE CONSTRUCTIVE ROLE FOR DEPOSIT INSURANCE (pages 605–614)

      Clifton H. Keeps Jr. and Richard F. Wacht

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00919.x

    3. ANTITRUST AND COMPETITIVE ISSUES IN UNITED STATES BANKING STRUCTURE (pages 615–646)

      Oscar R. Goodman

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00920.x

  21. Discussion

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. DISCUSSION (pages 647–651)

      Lucille S. Mayne

      Version of Record online: 30 APR 2012 | DOI: 10.1111/j.1540-6261.1971.tb00921.x

  22. American Finance Association Business Proceedings

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
  23. Back Matter

    1. Top of page
    2. Front Matter
    3. [Photograph]: Walter E. Hoadley
    4. Articles
    5. Session Topic: Balance of Payments Adjustment
    6. Articles
    7. Discussion
    8. Session Topic: Lessons of the Penn Central Debacle
    9. Articles
    10. Discussion
    11. Session Topic: Financial Constraints and Minority Economic Development
    12. Articles
    13. Discussion
    14. Session Topic: Business Finance Issues
    15. Articles
    16. Discussion
    17. Session Topic: Evaluation of Government Expenditures
    18. Articles
    19. Discussion
    20. Session Topic: Trends in Banking Structure and Regulation
    21. Articles
    22. Discussion
    23. American Finance Association Business Proceedings
    24. Back Matter
    1. Back Matter (pages ix–xiv)

      Version of Record online: 30 NOV 2015 | DOI: 10.1111/j.1540-6261.1971.tb00291.x

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