Nonresponse Effects on Relationships Between Variables

To examine nonresponse effects on variable relationships, datafrom a panel study of 1,870 older Iowa residents are reported.When data are accumulated by wave of response, differences areminor on variable distributions (percentage, mean, standarddeviation), bivariate relationships (correlation), and multivariaterelationships (regression), suggesting that the assumed impactof nonresponse bias on variable relationships has been overstated.     

Critical decision areas in corporate financial policy

The argument in this paper rests on the assumption that the prime objective of any corporate activity must in some way be related to a profitability goal, however this may be measured, however this may be defined, and however this may be constrained by the relevance of a times-cale.

The paper makes some comments on the selection of a corporate objective or goal but mainly it considers the direct contribution that financial management can make to achievement of this goal. It distinguishes this from the accounting rôle which is more appropriately concerned with measuring and monitoring progress towards the goal.