Volume 8

Issue 1

Summer 2010


Monzurul Hoque, Saint Xavier University

Associate Editors:

Thomas Krueger, Texas A&M University,Kingsville
Inayat Ullah Mangla, Western Michigan University


Sheri Faircloth, University of Nevada, Reno
Raj Kohli, Indiana University of South Bend
Hamid Moini, University of Wisconsin, Whitewater
G.N. Naidu, Illinois State University, Bloomington
Donald Swanton, Roosevelt University
Mark A. Wrolstad, Winona University

Editor's Assistant:

Paul Bushno, Saint Xavier University

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  • 2010 Summer: Volume 8, Issue 1
  • The Credit Card Act of 2009: Its Financial Impact on the Retail Industry

    • Gregory A. Kuhlemeyer ;
    • Robert A. Kunkel

    Recent Evidence on Insurance Stock Interest Rate Sensitivity

    • Raja Bouzouita ;
    • Arthur J. Young

    A Review of the Psychology of Risk Taking Behavior for Individual Investors

    • Katie V. Harnum ;
    • Tom Cooper ;
    • Alex Faseruk

    Recent Trends for the Importance of State Exports

    • Kevin M. Bahr ;
    • William E. Maas ;
    • Sean Carey

    The Impact of Morningstar Five-Star Stock Ratings

    • Shantanu Namjoshi ;
    • Kent A. Hickman

    Pursuing a Career in Finance: A Survey of Upper Division Finance Students at Three Universities

    • Ralph A. Pope ;
    • Thomas S. Howe ;
    • Edwin Duett

    Characteristics of Short-Term Equity Management of Property-Liability Insurers

    • Jin Park

    The "Sell in May and Go Away" Effect: Prevalent or Mythical Anomaly

    • Yuli Su ;
    • Gloria Lu

    Assessing Alternative Equal-Weight Asset Re-Balancing Rules

    • Albert E DePrince, Jr. ;
    • Pamela D. Morris

    Performance of DJIA Stocks Using Fundamental Indexation

    • Thomas M. Krueger ;
    • Mark A. Wrolstad

    Commercial Real Estate Concentrations: Evidence on the Survival of Small Banks

    • Elisabeta Pana

    Does The Ruling to Break Up Microsoft Add Value to Its Competitors and Other High Tech Companies?

    • Yewmun Yip ;
    • Cathy Ye Lou

    The Day of the Week Effect in the U.S. Stock Market

    • Hossein Varamini ;
    • Bingye Mu

    Public University Retirement Systems in the Midwest: An Overview

    • Stanley R. Adamson ;
    • James Philpot

    How is the High-Tech Bubble Affecting Company Performance?

    • Cheng-Huei Chiao ;
    • Robert Kao ;
    • Michael Russell

    Islamic Banks and the Global Financial Crisis of 2007-09: An Assessment

    • Jamshed Y. Uppal ;
    • Inayat U. Mangla

    Credit Risk Determinants of commercial bank: A Look from Texas Commercial Banking Industry

    • Abdus Samad

    Economic Integration and Portfolio Diversification: An Empirical Examination of ASEAN Markets

    • G. N. Naidu ;
    • Askar Choudhury

    Volume 8, Issue 1 Reviewer List


    The Journal of Finance Issues accepts open submission of new scholarly empirical or theoretical papers in all areas of Finance including but not limited to Corporate Finance; Financial Institutions; International Finance; Portfolio & Security Analysis; Real Estate and Insurance & Risk Premium. The Academy of Finance supports and sponsors the journal.

    Electronic submission with a separate cover page containing the manuscript title, the name, position, and institutional affiliation of each author must be e-mailed to the editor. The body of the manuscript should contain no identification of author(s). At least two reviewers evaluate all manuscripts anonymously. The manuscript must not have been published previously or submitted elsewhere while under review by the JFI.

    The JFI publishes at least two issues every year. Authors of accepted submissions will be asked to submit a camera-ready copy of their manuscript and an electronic copy, using Microsoft Word. Address manuscript and correspondence concerning JFI to the editor.

    • Monzurul Hoque, Editor
    • Saint Xavier University
    • Graham School of Management
    • 3825 West 103rd Street, Chicago, IL 60655
    • Telephone (773) 298-3600; Fax (773) 298-3616
    • Email: hoque@sxu.edu

    Margins. Margins for the first page of manuscript should be 1½" from top, 1½" from bottom and 1" from left and 1" from right of the page. The margins for all other pages must be same as for the first page with the top and bottom margins reduced to 1" only.

    Author(s) Name(s) and Paper Title. Please use author(s) name, paper title, affiliation, telephone, and email only on the cover sheet. Author(s) name or the paper title should not appear anywhere in the body of the paper. The first page of the paper should start with literature review or abstract (NO TITLE PLEASE) and then the main body of the paper. Indent paragraphs and a spacing between each paragraph.

    Table and Bibliography. All tables must be numbered in roman numerals and placed just before the bibliography. Place references in the paper inside parentheses, e.g., (Fama 1999; Balik 2004). Explanatory footnotes are discouraged, but necessary footnotes should be numbered and placed at the bottom of the page on which they appear. Bibliography containing all references should appear at the end of the paper.

    Publication Fee and Final Submission. Authors of all accepted articles must pay a publication fee per article. Also, a $20 per page fee for all pages over the ten pages limit if the article is more than ten pages. Authors of the accepted articles may be sent a PDF template to electronically submit their final article according to the template.

    The Editorial Board, Saint Xavier University (SXU), the publisher, or the Academy of Finance assume no responsibility for the views expressed by authors in the Journal of the Finance Issues. We thankfully acknowledge the financial support from Dean of Graham School of Management, SXU.