ReferencesScapens, R. W., Sale, J. T. and Tikkas, P. A. (1982).
Financial Control of Divisional Capital Investment
(Chartered Institute of Management Accountants).
Schooley, D. and Barney, L. (1994). Using dividend
policy and managerial ownership to reduce agency
costs. Journal of Financial Research(Fall).
Shapiro, A. C. and Balbirer, S. D. (2000). Modern
Corporate Finance,2nd edn (Macmillan).
Sharpe, W. (1963). A simplified model for portfolio
analysis. Management Science(January).
Siddiqi, M. (1995). An indirect test for dividend relev-
ance. Journal of Financial Research(Spring).
Stiglitz, J. E. (1974). On the irrelevance of corporate
financial policy. American Economic Review(Vol. 64,
No. 6).
Storey, D. (1994). Understanding the Small Business Sector
(Routledge).
Sudarsanam, S. and Mahate, A. (2006). Are friendly
acquisitions too bad for shareholders and managers?
British Journal of Management(March).
Sun, Q. and Tong, W. (2002). Another new look at the
Monday effect. Journal of Business Finance and
Accounting(September/October).Sunder, S. (1973). Relationship between accounting
changes and stock prices: problems of measurement
and some empirical evidence. Journal of Accounting
Research(supplement).
Surowiecki, J. (2004). The Wisdom of Crowds(Little,
Brown).
Tighe, C. (2006). Nissan reviews just-in-time parts
policy. Financial Times (23 October).
Tyler, R. (2006). Don’t mind the gap, ‘it’s a perception’.
Daily Telegraph(1 August).
Walker, M. (2000). Corporate takeovers, strategic
objectives and acquiring-firm shareholder wealth.
Financial Management(Spring).
Welch, I. (2000). Herding among security analysts.
Journal of Financial Economics(December).
Weston, J. F. (1963). A test of capital propositions.
Southern Economic Journal(October).
Wilson, N. and Summers, B. (2002). Trade credit terms
offered by small firms: survey evidence and empir-
ical analysis. Journal of Business Finance and Accounting
(April/May).
Wilson Committee (1980). Committee to Review the
Functioning of Financial Institutions(HMSO).BUSF_Z05.qxd 11/19/08 10:34 Page 511