Contents

Editor's Introduction
by Milind Sathye

Evaluating the Productive Efficiency and Performance of U.S. Commercial Banks
by Richard S. Barr, Kory A. Killgo, Thomas F. Siems and Sheri Zimmel

Changing UK Stock Market Sector and Sub-Sector Volatilities, 1968-2000
by Angela Black, Roger Buckland and Patricia Fraser

Speed of Share Price Adjustment to Information
by Dennis Chan and M. Ariff

Calculating Abnormal Returns in Event Studies:
Controlling for Non-synchronous Trading and Volatility Clustering in Thinly Traded Markets
by Per Bjarte Solibakke

Trading Systems Designed by Genetic Algorithms
by Laura Núñez-Letamendia