text:
Pradeep K. Yadav
University of Oklahoma Price College of Business
Johnston Chair and Professor of Finance
307 W.Brooks, Room 3270 Division of Finance
http://www.ou.edu/price/finance/faculty/pradeep_yadav.html
Non-Standard Errors
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Number of pages: 56 Posted: 23 Nov 2021 Last Revised: 29 Nov 2021
Albert J. Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Michael Razen, Utz Weitzel, David Abad, Menachem (Meni) Abudy, Tobias Adrian, Yacine Ait-Sahalia, Olivier Akmansoy, Jamie Alcock, Vitali Alexeev, Arash Aloosh, Livia Amato, Diego Amaya, James Angel, Amadeus Bach, Edwin Baidoo, Gaetan Bakalli, Andrea Barbon, Oksana Bashchenko, Parampreet Christopher Bindra, Geir Hoidal Bjonnes, Jeff Black, Bernard S. Black, Santiago Bohorquez, Oleg Bondarenko, Charles S. Bos, Ciril Bosch-Rosa, Elie Bouri, Christian T. Brownlees, Anna Calamia, Viet Nga Cao, Gunther Capelle-Blancard, Laura Capera, Massimiliano Caporin, Allen Carrion, Tolga Caskurlu, Bidisha Chakrabarty, Mikhail Chernov, William M. Cheung, Ludwig B. Chincarini, Tarun Chordia, Sheung Chi Chow, Benjamin Clapham, Jean-Edouard Colliard, Carole Comerton-Forde, Edward Curran, Thong Dao, Wale Dare, Ryan J. Davies, Riccardo De Blasis, Gianluca De Nard, Fany Declerck, Oleg Deev, Hans Degryse, Solomon Deku, Christophe Desagre, Mathijs A. Van Dijk, Chukwuma Dim, Thomas Dimpfl, Yun Jiang Dong, Philip Drummond, Tom Dudda, Ariadna Dumitrescu, Teodor Dyakov, Anne Haubo Dyhrberg, Michał Dzieliński, Asli Eksi, Izidin El Kalak, Saskia ter Ellen, Nicolas Eugster, Martin D.D. Evans, Michael Farrell, Ester Félez-Viñas, Gerardo Ferrara, El Mehdi FERROUHI, Andrea Flori, Jonathan Fluharty-Jaidee, Sean Foley, Kingsley Y. L. Fong, Thierry Foucault, Tatiana Franus, Francesco A. Franzoni, Bart Frijns, Michael Frömmel, Servanna Fu, Sascha Füllbrunn, Baoqing Gan, Thomas Gehrig, Dirk Gerritsen, Javier Gil-Bazo, Lawrence R. Glosten, Thomas Gomez, Arseny Gorbenko, Ufuk Güçbilmez, Joachim Grammig, Vincent Gregoire, Björn Hagströmer, Julien Hambuckers, Erik Hapnes, Jeffrey H. Harris, Lawrence Harris, Simon Hartmann, Jean-Baptiste Hasse, Nikolaus Hautsch, Xuezhong He, Davidson Heath, Simon Hediger, Terrence Hendershott, Ann Marie Hibbert, Erik Hjalmarsson, Seth A. Hoelscher, Peter Hoffmann, Craig W. Holden, Alex R. Horenstein, Wenqian Huang, Da Huang, Christophe Hurlin, Alexey Ivashchenko, Subramanian R. Iyer, Hossein Jahanshahloo, Naji Jalkh, Charles M. Jones, Simon Jurkatis, Petri Jylha, Andreas Kaeck, Gabriel Kaiser, Arzé Karam, Egle Karmaziene, Bernhard Kassner, Markku Kaustia, Ekaterina Kazak, Fearghal Kearney, Vincent van Kervel, Saad Khan, Marta Khomyn, Tony Klein, Olga Klein, Alexander Klos, Michael Koetter, Jan Pieter Krahnen, Aleksey Kolokolov, Robert A. Korajczyk, Roman Kozhan, Amy Kwan, Quentin Lajaunie, FY Eric C Lam, Marie Lambert, Hugues Langlois, Jens Lausen, Tobias Lauter, Markus Leippold, Vladimir Levin, Yijie Li, (Michael) Hui Li, Chee Yoong Liew, Thomas Lindner, Oliver B. Linton, Jiacheng Liu, Anqi Liu, Guillermo Llorente, Matthijs Lof, Ariel Lohr, Francis A. Longstaff, Alejandro Lopez-Lira, Shawn Mankad, Nicola Mano, Alexis Marchal, Charles Martineau, Francesco Mazzola, Debrah Meloso, Roxana Mihet, Vijay Mohan, Sophie Moinas, David Moore, Liangyi Mu, Dmitriy Muravyev, Dermot Murphy, Gabor Neszveda, Christian Neumeier, Ulf Nielsson, Mahendrarajah Nimalendran, Sven Nolte, Lars L. Norden, Peter O'Neill, Khaled Obaid, Bernt Arne Ødegaard, Per Östberg, Marcus Painter, Stefan Palan, Imon Palit, Andreas Park, Roberto Pascual, Paolo Pasquariello, Lubos Pastor, Vinay Patel, Andrew J. Patton, Neil D. Pearson, Loriana Pelizzon, Matthias Pelster, Christophe Pérignon, Cameron Pfiffer, Richard Philip, Tomáš Plíhal, Puneet Prakash, Oliver-Alexander Press, Tina Prodromou, Tālis J. Putniņš, Gaurav Raizada, David A. Rakowski, Angelo Ranaldo, Luca Regis, Stefan Reitz, Thomas Renault, Rex Wang Renjie, Roberto Renò, Steven Riddiough, Kalle Rinne, Paul Rintamäki, Ryan Riordan, Thomas Rittmannsberger, Iñaki Rodríguez-Longarela, Dominik Rösch, Lavinia Rognone, Brian Roseman, Ioanid Rosu, Saurabh Roy, Nicolas Rudolf, Stephen Rush, Khaladdin Rzayev, Aleksandra Rzeźnik, Anthony Sanford, Harikumar Sankaran, Asani Sarkar, Lucio Sarno, O. Scaillet, Stefan Scharnowski, Klaus Reiner Schenk-Hoppé, Andrea Schertler, Michael Schneider, Florian Schroeder, Norman Schürhoff, Philipp Schuster, Marco A. Schwarz, Mark S. Seasholes, Norman Seeger, Or Shachar, Andriy Shkilko, Jessica Shui, Mario Sikic, Giorgia Simion, Lee A. Smales, Paul Söderlind, Elvira Sojli, Konstantin Sokolov, Laima Spokeviciute, Denitsa Stefanova, Marti G. Subrahmanyam, Sebastian Neusüss, Barnabas Szaszi, Oleksandr Talavera, Yuehua Tang, Nicholas Taylor, Wing Wah Tham, Erik Theissen, Julian Thimme, Ian Tonks, Hai Tran, Luca Trapin, Anders B. 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Wika, Yihe Yu, Lu Zhao, Michael Mi, Li Bao, Andreea Vaduva, Prokopczuk Prokopczuk, Alejandro Avetikian and Zhen-Xing Wu
Vrije Universiteit Amsterdam, Stockholm School of Economics - Department of Economics, University of Innsbruck - Department of Economics, University of Innsbruck, Stockholm School of Economics - Department of Economics, University of Innsbruck, University of Innsbruck, VU University Amsterdam, Universidad de Alicante, Bar-Ilan University - Graduate School of Business Administration, International Monetary Fund (IMF), Princeton University - Department of Economics, CNRS, University of Oxford, University of Technology Sydney, Neoma Business School, University of Chicago - Booth School of Business, Wilfrid Laurier University, Georgetown University - Department of Finance, University of Mannheim, Tennessee Technological University, Auburn University, University of St. Gallen, Swiss Finance Institute - HEC Lausanne, University of Innsbruck, BI Norwegian Business School, University of Memphis, Northwestern University, Universidad EAFIT, University of Illinois at Chicago - Department of Finance, VU University Amsterdam, Technische Universität Berlin, Lebanese American University, Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, Toulouse Business School - TBS Education, Monash University, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Vrije Universiteit Amsterdam, University of Padua - Department of Statistical Sciences, University of Memphis - Fogelman College of Business and Economics, University of Amsterdam Business School, Saint Louis University - Richard A. Chaifetz School of Business, UCLA Anderson, Waseda University, University of San Francisco, Emory University - Department of Finance, Australian National University (ANU), Goethe University Frankfurt Faculty of Economics and Business Administration, HEC Paris - Finance Department, University of Melbourne - Department of Finance, Macquarie University - Faculty of Business and Economics, Nottingham Trent University, University of Liège - HEC Liège, Babson College - Finance Division, Lum University Giuseppe Degennaro, University of Zurich - Department of Banking and Finance, Universite de Toulouse 1 Capitole, Masaryk University, KU Leuven - Faculty of Business and Economics (FEB), Nottingham Trent University - Nottingham Business School, Catholic University of Louvain (UCL) - Louvain Finance (LFIN), Erasmus University Rotterdam (EUR), Frankfurt School of Finance & Management, University of Hohenheim, Queen's University (Canada), Queen's School of Business, Students, Monash University, Technische Universität Dresden, ESADE Business School, EDHEC Business School, The University of Sydney - 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Manchester Business School, Northwestern University - Kellogg School of Management, University of Warwick - Warwick Business School, University of Sydney Business School, Université Paris Dauphine, Hong Kong Institute for Monetary and Financial Research, University of Liège - HEC Liège, HEC Paris - Finance Department, Goethe University Frankfurt - Faculty of Economics and Business Administration, Leibniz University Hannover, University of Zurich, Universite du Luxembourg, S&P Global Ratings, La Trobe University, UCSI University, Malaysia, Vienna University of Economics and Business, University of Cambridge, Purdue University, The University of Sydney, Universidad Autonoma de Madrid, Aalto University, Arizona State University (ASU) - Finance Department, University of California, Los Angeles (UCLA) - Finance Area, University of Florida - Department of Finance, Insurance and Real Estate, Cornell University, Swiss Finance Institute - USI Lugano, EPFL, University of Toronto - Rotman School of Management and UTSC Management, Erasmus University Rotterdam (EUR), Toulouse Business School - TBS Education, Swiss Finance Institute - HEC Lausanne, RMIT University, Universite de Toulouse 1 Capitole, Loyola Marymount University, Queen's University Belfast, Michigan State University - Department of Finance, University of Illinois at Chicago, John von Neumann University, Justus Liebig University Giessen, Copenhagen Business School, University of Florida - Department of Finance, Insurance and Real Estate, Radboud University, Stockholm University - Stockholm Business School, Financial Conduct Authority, California State University-East Bay, University of Stavanger, University of Zurich - Department of Banking and Finance, Saint Louis University - Department of Finance, University of Graz, RMIT University - Blockchain Innovation Hub, University of Toronto at Mississauga, Universidad de las Islas Baleares, University of Michigan, Stephen M. Ross School of Business, University of Chicago - Booth School of Business, University of Technology Sydney (UTS), Duke University - Department of Economics, University of Illinois at Urbana-Champaign - Department of Finance, Goethe University Frankfurt - Faculty of Economics and Business Administration, Paderborn University, HEC Paris - Finance Department, University of Oregon - Department of Finance, University of Sydney Business School, Masaryk University - Faculty of Economics and Administration, Missouri State University, Copenhagen Business School, The University of Wollongong, University of Technology Sydney (UTS), Indian Institute of Management, Ahmedabad, University of Texas at Arlington, University of St. Gallen, University of Turin, University of Kiel, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Vrije Universiteit Amsterdam, University of Verona - Department of Economics, University of Toronto, Universite du Luxembourg - Department of Finance, Aalto University, Queen's University - Smith School of Business, University of Innsbruck, Stockholm University - Stockholm Business School, State University of New York at Buffalo - School of Management, University of Manchester - Alliance Manchester Business School, Oklahoma State University - Department of Finance, HEC Paris - Finance Department, University of Massachusetts Amherst, University of Lausanne, Bowling Green State University - Department of Finance, University of Edinburgh, York University, University of Maryland, New Mexico State University, Federal Reserve Bank of New York, University of Cambridge - Judge Business School, Swiss Finance Institute - University of Geneva, University of Mannheim, University of Manchester - Department of Economics, University of Graz, Deutsche Bundesbank, Macquarie University, Swiss Finance Institute - HEC Lausanne, University of Stuttgart, Heinrich Heine University Dusseldorf - Duesseldorf Institute for Competition Economics (DICE), Arizona State University (ASU), Vrije Universiteit Amsterdam, Federal Reserve Bank of New York, Wilfrid Laurier University - Lazaridis School of Business and Economics, Federal Housing Finance Agency, University of Zurich, Vienna University of Economics and Business, University of Western Australia, University of St. Gallen, UNSW Australia Business School, School of Banking and Finance, University of Memphis - Fogelman College of Business and Economics, Cardiff University, Universite du Luxembourg, New York University (NYU) - Leonard N. Stern School of Business, Aalto University, Eötvös Loránd University, University of Birmingham, University of Florida - Department of Finance, University of Bristol - School of Economics, Finance and Management, University of New South Wales (UNSW), University of Mannheim - Finance Area, Karlsruhe Institute of Technology, University of Bristol, Loyola Marymount University - Department of Finance, University of Bologna, Copenhagen Business School, Hong Kong Institute for Monetary and Financial Research (HKIMR), University of Mississippi - Department of Finance, Instituto Tecnológico Autónomo de México (ITAM) - Department of Business Administration, University of Essex, Erasmus University Rotterdam (EUR), Lund University - Department of Economics, Frankfurt School of Finance & Management, University of Amsterdam Business School, Erasmus University Rotterdam (EUR), University of Copenhagen, Erasmus University Rotterdam (EUR), Utrecht University - School of Economics, Vienna Graduate School of Finance (VGSF), Erasmus University Rotterdam, The Ohio State University - Fisher College of Business, University of Sydney Business School, University of Vienna - Department of Finance, Vrije Universiteit Amsterdam, School of Business and Economics, University of Zurich - Department of Economics, University of Luxembourg, Vrije Universiteit Amsterdam, Auburn University, Vrije Universiteit Amsterdam, School of Business and Economics, Halle Institute for Economic Research, University of Chicago - Booth School of Business, University of Victoria, Stockholm University - Stockholm Business School, University of Oklahoma Price College of Business, University of Murcia, University of Essex - Essex Business School, Erasmus University Rotterdam, Central Michigan University, Aalto University, Vrije Universiteit Amsterdam, INSEAD - Finance, Norwegian School of Economics (NHH) - Department of Finance, University of Gothenburg, Centre for Finance, Stockholm University, Radboud University, Institute for Management Research, University of Manchester - Alliance Manchester Business School, Vrije Universiteit Amsterdam, University of Melbourne - Department of Finance, University of Wollongong - School of Accounting, Economics & Finance, Erasmus University Rotterdam (EUR), Bank for International Settlements (BIS), University of Toronto at Mississauga - Department of Management, VU University Amsterdam - Department of Finance and Financial Sector Management, Queen's University, HEC Paris, University of Birmingham, King's College London, Cardiff University, Universidad Autonoma de Madrid, Singapore Management University, University of Zurich - Department of Banking and Finance, University of Tübingen, University of Luxembourg, affiliation not provided to SSRN, EDF Energy, United Kingdom, Aalto University, Norges Bank, University at Buffalo, SUNY, Southwestern University of Finance and Economics (SWUFE), The University of Sydney, University of Toulouse Capitole, UC3M, Leibniz University Hannover, Pontifical Catholic University of Chile and Zhongnan University of Economics and Law - School of Finance
non-standard errors, multi-analyst approach, liquidity
Corporate Governance in India
Journal of Applied Corporate Finance, Forthcoming
Number of pages: 24 Posted: 11 Sep 2007
Rajesh Chakrabarti, Pradeep K. Yadav and William L. Megginson
O. P. Jindal Global University, University of Oklahoma Price College of Business and University of Oklahoma
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Corporate Governance, International Financial Markets, Government Policy and Regulation
Journal of Applied Corporate Finance, Vol. 20, Issue 1, pp. 59-72, Winter 2008
Rajesh Chakrabarti, William L. Megginson and Pradeep K. Yadav
O. P. Jindal Global University, University of Oklahoma and University of Oklahoma Price College of Business
File name: jacf.pdf
Quality of Information and Volatility Around Earnings Announcements
Suleiman R. Mohammed and Pradeep K. Yadav
University of Strathclyde - Department of Accounting and Finance and University of Oklahoma Price College of Business
Volatility, Earnings Announcements, Information Quality
Vertical and Horizontal Agency Problems in Private Firms: Ownership Structure and Operating Performance
Journal of Financial and Quantitative Analysis (Forthcoming)
Sridhar Gogineni, Scott C. Linn and Pradeep K. Yadav
The University of Tampa - John H. Sykes College of Business, University of Oklahoma - Michael F. Price College of Business and University of Oklahoma Price College of Business
Agency problems, Control, Horizontal agency costs, Management structure, Ownership structure, Private companies, Vertical agency costs
Resiliency, the Neglected Dimension of Market Liquidity: Empirical Evidence from the New York Stock Exchange
Jiwei Dong, Alexander Kempf and Pradeep K. Yadav
Lancaster University - Department of Accounting and Finance, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Oklahoma Price College of Business
Market Microstructure, Liquidity, Resiliency
Executive Compensation in India
HANDBOOK ON EXECUTIVE COMPNSATION, Randall Thomas and Jennifer Hill, eds., Edgar Elgar
Rajesh Chakrabarti, Krishnamurthy Subramanian, Pradeep K. Yadav and Yesha Yadav
O. P. Jindal Global University, Indian School of Business (ISB), Hyderabad, University of Oklahoma Price College of Business and Vanderbilt University - Law School
Executive compensation, India
The Influence of Managerial Ownership on the Real Gains in Corporate Mergers and Market Revaluation of Merger Partners: Empirical Evidence
Nicholas F. Carline, Scott C. Linn and Pradeep K. Yadav
Department of Finance, Birmingham Business School, University of Birmingham, University of Oklahoma - Michael F. Price College of Business and University of Oklahoma Price College of Business
Mergers, Operating Performance
Market Quality and Trader Behavior in a Manipulated Market: Anatomy of a Squeeze
Number of pages: 53 Posted: 22 Mar 2002 Last Revised: 09 Nov 2020
Narayan Y. Naik, Pradeep K. Yadav and John J. Merrick Jr.
London Business School - Institute of Finance and Accounting, University of Oklahoma Price College of Business and Raymond A. Mason School of Business - William & Mary
Price manipulation, Futures markets, Squeeze
Informed Trading, Information Asymmetry, and Pricing of Information Risk: Empirical Evidence from the NYSE
EFA 2006 Zurich Meetings, WBS Finance Group Research Paper No. 56
Number of pages: 50 Posted: 15 Mar 2006 Last Revised: 23 Dec 2019
Florian Bardong, Söhnke M. Bartram and Pradeep K. Yadav
BlackRock, University of Warwick and University of Oklahoma Price College of Business
Market microstructure, common factors, risk factors, asymmetric information
Risk Management with Derivatives by Dealers and Market Quality in Government Bond Markets
London Business School, IFA Working Paper No. 338
Narayan Y. Naik and Pradeep K. Yadav
London Business School - Institute of Finance and Accounting and University of Oklahoma Price College of Business
NYU Working Paper No. FIN-01-013
Journal of Finance, Vol. 58, No. 5, 2003
Posted: 06 Oct 2003
The Information Content of Implied Volatilities and Model-Free Volatility Expectations: Evidence from Options Written on Individual Stocks
Stephen J. Taylor, Yuanyuan Zhang and Pradeep K. Yadav
Lancaster University - Department of Accounting and Finance, Sun Yat-sen University (SYSU) - Lingnan (University) College and University of Oklahoma Price College of Business
Stock options, Implied volatility, Model-free volatility expectation, Information content, ARCH models
Stephen J. Taylor, Pradeep K. Yadav and Yuanyuan Zhang
Lancaster University - Department of Accounting and Finance, University of Oklahoma Price College of Business and Sun Yat-sen University (SYSU) - Lingnan (University) College
Stock options, Information conten, Implied volatility, Model-free volatility expectations, ARCH models
How Do Dealers in Government Bond Markets Manage Their Spot Risk with Derivatives? Evidence from London
Evidence on the Determinants of Cash Holdings By Private and Public Companies
cash holdings, private firms, public firms
The Effects of Market Reform on Trading Costs of Public Investors: Evidence from the London Stock Exchange
EFA 0372; London Business School, Institute of Finance & Accounting Working Paper No. 296
Electronic Market Makers, Trader Anonymity and Market Fragility
Vikas Raman, Michel A. Robe and Pradeep K. Yadav
Lancaster University - Department of Accounting and Finance, University of Illinois at Urbana-Champaign and University of Oklahoma Price College of Business
Voluntary market-making, Electronic trading, HFT, Liquidity provision under stress
Portfolio Considerations in Risk Management by Financial Intermediaries: Evidence from Trading Behaviour of London Equity Dealers
Severely Obstructive Resistance in Takeover Bids: Is a Board Passivity Rule Effective?
American Finance Association Meetings Working Paper
Number of pages: 54 Posted: 16 Mar 2011 Last Revised: 26 Oct 2021
hostile takeover; bid resistance; stockholder wealth; managerial turnover; corporate governance
Does the Early Exercise Premium Contain Information About Future Underlying Returns?
Rossen I. Valkanov, Yuzhao Zhang and Pradeep K. Yadav
University of California, San Diego (UCSD) - Rady School of Management, Rutgers, The State University of New Jersey - Department of Finance and University of Oklahoma Price College of Business
Return Predictability, Early Exercise Premium, Dividend Growth
Are Short-Sellers Different?
EFA 2008 Athens Meetings Paper, WBS Finance Group Research Paper No. 88
Short-selling, Information asymmetry, Microstructure
WBS Finance Group Research Paper No. 196
The Effect of Corporate Break-Ups on Information Asymmetry: A Market Microstructure Analysis
WBS Finance Group Research Paper No. 89
Söhnke M. Bartram, Florian Bardong and Pradeep K. Yadav
University of Warwick, BlackRock and University of Oklahoma Price College of Business
Spin-off, Divestiture, Information asymmetry
Corporate Break-Ups and Information Asymmetry: A Market Microstructure Perspective
Number of pages: 55 Posted: 16 Feb 2009 Last Revised: 23 Dec 2019
Dealer Behaviour and Market Quality When Insiders Trade
Narayan Y. Naik, Pradeep K. Yadav and David Hillier
London Business School - Institute of Finance and Accounting, University of Oklahoma Price College of Business and University of Strathclyde - Department of Accounting and Finance
Market Quality, Inventory Control, Insider Trading
Can the Stock Market Systematically Make Use of Firm- and Deal-Specific Factors When Initially Capitalizing the Real Gains from Mergers and Acquisitions?
Do Dealer Firms Manage Inventory on a Stock-by-Stock or a Portfolio Basis?
Dealer firm, equivalent inventory, correlated risk exposure, unhedgeable risk, effective spreads
Trading Costs of Public Investors with Obligatory and Voluntary Market-Making: Evidence from Market Reforms
Fragile Financial Regulation
Vanderbilt Law Research Paper No. 20-46
Pradeep K. Yadav and Yesha Yadav
University of Oklahoma Price College of Business and Vanderbilt University - Law School
debt, fragility, financial regulation, Treasuries, fixed income, dealers, systemic risk, repo, repurchase markets.
Government Ownership, Informed Trading, and Private Information
Number of pages: 39 Posted: 28 Jan 2009 Last Revised: 30 Jul 2012
Ginka Borisova and Pradeep K. Yadav
Iowa State University - Department of Finance and University of Oklahoma Price College of Business
Government ownership, Privatization, Information Asymmetry, Informed Trading, Private Information
Dealer Spreads in the Corporate Bond Market: Agent vs. Market-Making Roles
Louis H. Ederington, Wei Guan and Pradeep K. Yadav
University of Oklahoma - Division of Finance, University of South Florida St. Petersburg and University of Oklahoma Price College of Business
dealer spreads, market-making costs, search costs, bond transaction costs
Operating Performance Changes Associated with Corporate Mergers and the Role of Corporate Governance
Journal of Banking & Finance, Vol. 33, No. 10, pp. 1829-1841, October 2009
Mergers, Corporate Governance, Operating Performance
Annual Efa Meetings Conference Announcement and Call for Papers
Number of pages: 1 Posted: 12 Feb 2003
Do Correlated Exposures Influence Intermediary Decision-Making? Evidence from Trading Behavior of Equity Dealers
London Bus. School, Institute of Finance & Accounting Working Paper No. 337
The Third Dimension of Financialization: Intraday Institutional Financial Traders and Commodity Market Quality
Number of pages: 62 Posted: 10 Nov 2017 Last Revised: 05 Apr 2021
Financialization, Commodities, Competition, Intraday activity, Liquidity, Pricing efficiency, HFT
How are Short-Sales Different from 'Regular' Trades?
Man vs. Machine: Liquidity Provision and Market Fragility
Voluntary market-making, Algorithmic traders, Liquidity, Fragility
Pre-Trade Opacity, Informed Trading, and Market Quality
Kiran Kumar Kotha, Ramabhadran S. Thirumalai and Pradeep K. Yadav
Indian Institute of Management (IIM), Indore, Indian School of Business and University of Oklahoma Price College of Business
Informed trading, Pre-trade opacity, Hidden orders, Trader Categories
Corporate Break-ups and Information Asymmetry: A Market-Microstructure Analysis
Correlated Portfolio Inventory Risk of Liquidity Providers: Frictions and Market Fragility
Roman Kozhan, Vikas Raman and Pradeep K. Yadav
University of Warwick - Warwick Business School, Lancaster University - Department of Accounting and Finance and University of Oklahoma Price College of Business
Inventory Management, Limit Order Markets, Market Quality
Post-Bid Takeover Resistance: Antitakeover Provisions, Initial Offer Quality, and Target Board Motivation
Number of pages: 51 Posted: 23 Aug 2019 Last Revised: 26 Oct 2021
Nicholas F. Carline, Sridhar Gogineni and Pradeep K. Yadav
Department of Finance, Birmingham Business School, University of Birmingham, The University of Tampa - John H. Sykes College of Business and University of Oklahoma Price College of Business
takeover resistance; antitakeover provisions; initial offer quality; good-faith bargaining; entrenchment
What is the Value of Being American?
Wenbin Cao and Pradeep K. Yadav
NEOMA Business School and University of Oklahoma Price College of Business
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Early exercise premium, transaction costs, jump models
Fails-to-Deliver, Short Selling, and Market Quality
Journal of Financial Economics (JFE), Vol. 114, No. 3, 493-516
Posted: 19 Mar 2010 Last Revised: 12 Dec 2014
Veljko Fotak, Vikas Raman and Pradeep K. Yadav
School of Management, University at Buffalo (SUNY), Lancaster University - Department of Accounting and Finance and University of Oklahoma Price College of Business
Naked short selling, Short selling, Failure to deliver
The Early Exercise Premium in American Option Prices: Direct Empirical Evidence
Posted: 05 Dec 1998
Lindsey McMurray and Pradeep K. Yadav
Kleinwort Benson, UK and University of Oklahoma Price College of Business
Other Papers (1)
Total Downloads: 3
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Competing Theories of Stock Splits: An Analysis of Announcement and Implementation Effects
Jiwei Dong, Mark B. Shackleton and Pradeep K. Yadav
Lancaster University - Department of Accounting and Finance, Lancaster University - Department of Accounting and Finance and University of Oklahoma Price College of Business
stock splits, announcement and implementation dates


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use Oro\Bundle\TrackingBundle\Entity\TrackingEventDictionary;
use Oro\Bundle\TrackingBundle\Entity\TrackingVisit;
use Oro\Bundle\TrackingBundle\Entity\TrackingVisitEvent;
use Oro\Bundle\TrackingBundle\Entity\TrackingWebsite;

class TrackingVisitEventTest extends \PHPUnit_Framework_TestCase
{
    /** @var TrackingVisitEvent */
    protected $trackingVisitEvent;

    /**
     * {@inheritdoc}
     */
    protected function setUp()
    {
        $this->trackingVisitEvent = new TrackingVisitEvent();
    }

    /**
     * {@inheritdoc}
     */
    protected function tearDown()
    {
        unset($this->trackingVisitEvent);
    }

    public function testId()
    {
        $this->assertNull($this->trackingVisitEvent->getId());
    }

    public function testParsingCount()
    {
        $this->assertEquals(0, $this->trackingVisitEvent->getParsingCount());

        $this->trackingVisitEvent->setParsingCount(1);
        $this->assertEquals(1, $this->trackingVisitEvent->getParsingCount());
    }

    /**
     * @param string $property
     * @param mixed  $value
     * @param mixed  $expected
     *
     * @dataProvider propertyProvider
     */
    public function testProperties($property, $value, $expected)
    {
        $propertyAccessor = PropertyAccess::createPropertyAccessor();
        $this->assertNull(
            $propertyAccessor->getValue($this->trackingVisitEvent, $property)
        );

        $propertyAccessor->setValue($this->trackingVisitEvent, $property, $value);

        $this->assertEquals(
            $expected,
            $propertyAccessor->getValue($this->trackingVisitEvent, $property)
        );
    }

    /**
     * @return array
     */
    public function propertyProvider()
    {
        $visit    = new TrackingVisit();
        $event    = new TrackingEventDictionary();
        $webEvent = new TrackingEvent();
        $website  = new TrackingWebsite();

        return [
            ['visit', $visit, $visit],
            ['event', $event, $event],
            ['webEvent', $webEvent, $webEvent],
            ['website', $website, $website]
        ];
    }
}

redpajama_set_name: RedPajamaGithub


Enumerated Types - GNU Pascal priručnik.
An enumerated type is a a special case of ordinal types and defines a range of elements which are referred to by identifiers. Enumerated types are ordered by occurence in the identifier list. So, they can be used as index types in an array definition, and it is possible to define subranges of them. Since they are ordered, they can be compared to one another. The intrinsic function Ord applied to name_identifier returns the number of occurence in the identifier list (beginning with zero), Pred and Succ return the predecessor and successor of name_identifier. Boolean is a special case of an enumerated type.
Ordinal Types, Array Types, Subrange Types, Ord, Boolean, Char, Pred, Succ.


text:
W. Lawson Little Jr
William Lawson Little Jr. was born on 23rd June 1910 in Newport, Rhode Island, USA.
He is best known for his "Little Slam", winning both the U.S. Amateur and Amateur Championships in 1934 and 1935. In these two years the Championships were both contested solely via match play.
He is the only player in history to have twice won both of these titles in the same year. Just three other players have achieved the 'double' in the same year – Harold Hilton (ENG) in 1911, Bobby Jones (USA) in 1930 and most recently Bob Dickson (USA) in 1967.
In achieving this feat he won an impressive 33 consecutive match play singles games in the two Amateur Championships and the Walker Cup¹.
Lawson Little Receives The 1934 Amateur Championship Trophy (Photo: Prestwick GC)
He started playing golf when he was 8 and was a student of English golf instructor Ernest Jones who emigrated to the New York area in the early 1920's.
Little moved to San Francisco when his father, a colonel in the Army Medical Corps, was posted to California. He represented the Presidio G.C. in his adopted City throughout his career.
He first came to national prominence as a teenager in the late 1920's. His 1928 and 1930 wins at the Northern Californian Amateur Championship helped but it was his part in the 1929 U.S. Amateur at Pebble Beach that really did the trick. After Johnny Goodman beat Bobby Jones in Round 1 in one of the greatest golfing upsets of all time it was Little who knocked the Omaha man off his pedestal in their afternoon Round 2 match.
Little graduated from Stanford University in Autumn 1935 having majored in Economics and was subsequently inducted into their Athletic Hall of Fame.
Lawson Little With The U.S. Amateur Championship Trophy in 1934 (Photo: Leslie Jones)
Little played in one Walker Cup match in May 1934 at The Old Course in St. Andrews. He won his foursomes with Johnny Goodman 8&6 against Roger Wethered and Cyril Tolley on Day 1 and then thrashed Tolley again 6&5 in the Saturday singles.
He was awarded the Amateur Athletic Union's James E. Sullivan Award for the most outstanding amateur athlete in the United States in 1935. This award, which is still handed out annually today, has only been given to a golfer twice, Bobby Jones also collecting it in its inaugural year of 1930. The Little family donated the trophy to the USGA Museum in Far Hills, New Jersey in 2008.
Little was well known for carrying as many as 26 clubs, including seven wedges, in his bag and as such was a major influence in the USGA introducing the 14-club limit in 1938.
He was nicknamed 'cannonball' reflecting the huge power he was able to generate from his modest 200lb, 5ft 9" frame. However, it was not just length that made him a leading player in the 1930's and '40s; he also had a superb short game, was a sound putter and was an intense competitor with a strong mind. He famously once said "It is impossible to outplay an opponent you cannot out think."
Little turned professional in April 1936. At the time the U.S. PGA had a rule which meant that new pros had to serve a 5 year apprenticeship at a golf club before they could take up full membership so his playing opportunities, when he was 25-30 and in his prime, were limited.
Thankfully his stellar amateur career meant he was one of the first pros to receive significant commercial endorsements. The PGA's rules also meant he could take up an invitation to join the Spalding "Keystones of Golf" exhibition tour alongside Bobby Jones, Horton Smith and Jimmy Thompson. In 1936-39 Little calculated that he travelled over 300,000 miles and played around 725 rounds of exhibition golf.
Lawson Little Wine Advertisment
The highlight of his pro career was his 1940 victory at the U.S. Open Championship when he overcame Gene Sarazen in an 18 hole play-off after both players had finished on 287 (-1).
He won a total of eight PGA Tour titles, including the Canadian Open (1936) and the Los Angeles Open (1940). Perhaps unfairly his professional career is considered a disappointment largely because of the high expectations that most people held for him at the time.
Between 1935 and 1957 Little played in 18 U.S. Masters finishing in the top 10 seven times. His best finish was a tied 3rd in 1939. He was the low amateur in 1935 when he finished 6th.
Little played in The Open in 1935, 1939, 1946 and 1948. On the back of his 1935 Amateur win he finished tied 4th, the low amateur, at Muirfield. His next best finish was 10th at St. Andrews in 1946.
Lawson and Dorothy Little With The U.S. Open Trophy in 1940 (Photo: The Golf Auction)
The onset of World War II, where Little served in the U.S. Navy and played numerous Red Cross exhibition games, obviously impacted his pro career. With many major championships cancelled it is said his interest in golf waned with investments in stocks and shares increasingly taking up more of his time.
With The Ryder Cup missing four matches between 1937 and 1947 one of the best match players of all time sadly never had an opportunity to make his mark in this contest.
Little married Dorothy Hurd in 1936 and the couple had four children, Linda, Sandra, Sonya and William Lawson III. Lawson Little III briefly played on the PGA Tour before becoming the club professional and then president of Quail Lodge & Golf Club in Carmel Valley for over 35 years. Like his father he died prematurely in June 2015, aged 67.
Lawson Little Jr was just 57 when he died of a heart attack on 1st February 1968 at his home alongside the first hole at Pebble Beach in California. He had started to drink heavily in the early 1950's and this inevitably took it's toll on his health in middle age.
He was inducted into the World Golf Hall of Fame in 1980 but despite this remains one of the least known and most under-appreciated golfers in the history of the game.
Lawson Little Mac Cartoon Celebrating His Amateur Championship Wins (Photo: Pure Golf Auctions)
Note ¹ – 1934 and 1935 Match Play Championship Results
1934 Walker Cup Match – St. Andrews (2 games)
Foursomes W (with Johnny Goodman) 8&6 v. Roger Wethered & Cyril Tolley
Singles W 6&5 v. Cyril Tolley
1934 Amateur Championship – Prestwick GC (8 games)
Rd1 W 3&1 v. RW Ripley (Banstead Downs)
Rd2 W 5&3 v. FL Rankin (Sunningdale)
Rd3 W 3&2 v. EA McRuvie (Innerleven)
Rd4 W 3&2 v. LOM Munn (Royal Cinque Ports)
Rd5 W 4&3 v. GB Peters (Fereneze)
QF W 4&2 v. TA Bourn (Sunningdale)
SF W 20th Hole v. LG Garnett (Addington)
Final W 14&13 v. J Wallace (Troon Portland)
The American Walker Cup team were scheduled to sail home from Liverpool on the evening of the 1934 Amateur final. Thankfully The R&A arranged for the Final to start earlier and for the ship to sail at midnight so Lawson could compete and then travel south. As it happened Lawson's play was so good – he made twelve 3's in the 23 holes played – that they probably needn't have worried.
1934 U.S. Amateur – The Country Club, Brookline (8 games)
Final W 8&7 v. David Goldman
1935 Amateur Championship – Royal Lytham & St. Anne's (8 games)
Rd1 W 1 Hole v. TH Parker (Fairhaven)
Rd2 W 5&3 v. EM Smith (Royal St. George's)
Rd3 W 4&3 v. JP Zacharias (Formby)
Rd4 W 2&1 v. HG McCallum (Troon)
Rd5 W 2 Holes v. JL Black (Rhos on Sea)
QF W 6&4 v. GLQ Henriques (Cavendish)
SF W 3&2 v. R Sweeny Jr (Prince's)
Final W 1 Hole v. Dr. W Tweddell (Stourbridge)
Lawson played poorly during most of this Championship but enjoyed good fortune with a friendly draw and timely poor play from his opponents. In Rd 1 he shot 80 so was lucky to progress against a local player who knew Lytham well. McCallum three putted two late holes to hand Little a win in Rd 4. In Rd 5 the American recorded an air shot in a bunker on the 16th and in his Semi-Final he shot 40 on the front nine. Little led the Final 3Up at lunch but having returned to his hotel in the break returned late and preceded to lose the first two holes of the afternoon 18. Tweddell achieved parity by the 12th but a win with par on the 15th proved enough for the American to hold on as both players parred in.
1935 U.S. Amateur – The Country Club, Cleveland (8 games)
Final W 4&2 v. Walter Emery
Mark Eley.
This entry was posted in Amateur Golf Profiles and tagged Amateur Championship, Lawson Little, US Amateur Championship, W. Lawson little, Walker Cup. Bookmark the permalink.
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text:
Cabins near sam houston national forest
cabins near sam houston national forest Big Thicket National Preserve: 112,250 acres of land and water with 40 miles of hiking trails in the thick pine forest. Browse our gallery of the property or contact Bradley Wilson at 832-585-2739 Save on popular hotels near Sam Houston National Forest in Conroe: Browse Expedia's selection of {location. Jun 16, 2015 · This 153,179 acre national forest stretches across four different counties and lies in both the Neches River Basin and the north and south shores of the Sam Rayburn Reservoir. Searching for the cheapest hotels near Sam Houston National Forest Texas? Save up to 10% on select Secret Bargain hotels. A kitchen area is furnished with full size The Sam Houston National Forest is one of four National Forests in Texas. Sam Houston National Forest Camping: Campendium has 17 reviews of 10 Campgrounds in Sam Houston National Forest. Lake Houston Wilderness Park. 5 minutes from Lake Conroe, and Lone Star Trail access located behind the One of the four national forests in Texas, Sam Houston National Forest is 50 miles north of Houston. The 128-mile Lone Star Hiking Trail, a portion of which has gained National Recreation Trail status, winds through the Sam Houston National Forest. The trails offer a variety of riding conditions, including dirt, mud, sand, and several creek crossings. - 7 Dec. 4 km) from Lake Conroe and 23. When it comes to finding hotels near Sam Houston National Forest, an Orbitz specialist can help you find the right property for you. Visiting the Roberts-Farris Cabin, or the "Cabin on the Square," built in the 1840s. Grab a bite to eat after your morning routine without the hassle of trying to find a breakfast diner near your hotel. ( Godofredo A. Visit BringFido for an overview of the trail, along with pictures, directions, and The good news is that the Sam Houston National Forest is just an hour drive from you can find cabins, bed-and-breakfasts, and camping grounds in the area. Through this project, the government conserved 163,000 acres of pineywoods that are now part of the Houston area. Sam Houston encompasses more than 250 square miles and allows OHVs on Located just south of Sam Houston National Forest and only 40 miles north of downtown Houston, the campgrounds near Conroe, Texas provide convenient places to stop during a tour of the Lone Star State. Relax by the serene pond on the property. There are three camping areas in Sam Houston National Forest (Cagle, Double Lake & Stubblefield Recreation Areas) if you want to make an overnighter out of your stargazing trip. Apr 28, 2017 · There are plenty of places to camp near Houston. (See pictures) Information about recreation options in Sam Houston National Forest 1. National forest on Lake Conroe The Sam Houston National Forest WMA has 161,508 acres with 47,609 acres in Montgomery County, 59,746 acres in San Jacinto County, and 54,153 acres in Walker County. Located on the east shore, the resort provides a spectacular sunset view of Lake Conroe. Terrific neighborhood and city parks, an Aquatic Center, and the Martin Luther King Center. Most of the forest is dominated by tall, thin pine trees, whose needles inhibit the growth of brush. It will take you to smack dab in the middle of the forest, down country lanes, and unpaved roads. Sam Houston National Forest, New Waverly, TX If you love trail riding, then this is the spot for you! This park is stretched along Lake Conroe and features over 80 miles of vast sweeping forest trails just waiting to be explored. The Sam Houston National Forest spans over 160,000 acres of protected land 50 miles north of Houston. instagram. W W W … Plantersville Cabin - Near Renaissance Festival! Wildwood Shores is nestled on the North shore of Lake Conroe and surrounded by the Sam Houston National forest. Bela builds almost everything himself, enlisting the help of neighbors. Secure payments, 24/7 support and a Book with Confidence guarantee Pretty horse Cabin in the woods It is a beautiful cabin, within the Sam houston national forest, with a farm concept, ideal for adventurous travelers, who seek freedom in nature, has Wi-Fi in the outdoor area, directv, grill, outdoor wood stove, fire pit and more, hot water, has a Texan decoration, you can hear the sounds of birds, roosters, and all farm animals, have fresh eggs breakfast. The oil revenues and population influx of the 1930s lent Conroe a boomtown atmosphere. The Sam Houston National Forest draws all kinds of lovers of the outdoors, from birders and hikers to hunters and fishers. From 21 cabins to 81 holiday houses, find unique holiday homes for you to enjoy a memorable holiday or a weekend with your family and friends. com/rob_zee_/ Songs: Sam Houston National Forest is located 50 miles north of Houston. There are four developed campgrounds, three of which meet the selection criteria. Picnic areas, a pond and a playground provide residents other ways to enjoy the outdoors. 7 Acre Wood and Conroe Outlet Mall are also within 12 miles (20 km). $ 261,600. Market Value/Appraisal Located in the state of Texas. Roast a hotdog, toast a s'more then take a hot shower in your private cabin. Sam Houston National Forest There are a number of communities that lie between the bustling city of Houston and the Sam Houston Forest. Trouvez des hébergements uniques auprès d'hôtes Cagle is nestled among the pines of the Sam Houston National Forest. Because it's so close to the city, Sam Houston National Forest is a perfect spot to go hiking near Houston if 2) In 1933, with the Great Depression destroying the demand for timber, the Texas legislature invited the federal government to establish the Sam Houston National Forest. This free campsite is located within the National Forests in Texas's Sam Houston Ranger District. Explore camper reviews and photos of the campgrounds in Sam Houston National Forest. 5 acres in the middle of Sam Houston National Forest. Primitive camping is allowed, except during deer hunting season, and multiple campgrounds have electric and 4,000+ Deluxe Cabins and Camping Cabins are camper friendly, even for the novice. Hiking tours are available from the forestry office and include the 105-mile Lone Star Hiking Trail. It is one of only four national forests in Texas and contains the winding, 128-mile Lone Star Hiking Trail. Sep 13, 2014 · Located within the Sam Houston National Forest, Double Lake Campground is a great place for camping, picnicking, fishing and hiking. Enjoy stargazing, finding a quiet place, or just lying in the hammocks around the cabin. For town essentials and antiquing, Montgomery, TX is just 8 miles (12. The cabin was clean and located in a nice quiet neighborhood near Jul 01, 2010 · For those who wish to stay overnight, the park offers 8 vacation cabins, 62 campsites and 19 tentsites. Best National Forest Camping - 2019 Campers Choice Awards The Top 15 States for RV Camping in National Forests What You Need To Know About The New Camping Rules Near The Tetons Jul 10, 2020 · For hiking, fishing, and exploring, head over to Double Lake Recreation Area in the Sam Houston National Forest. Sam Houston National Forest 394 FM 1375 West New Waverly, Texas 77358 (936) 344-6205. See full list on alltrails. This area is covered with beautiful large pine and hardwood trees plus thousands of These 10 Genuinely Haunted Forests In Texas Will Terrify You. Sam Houston National Forest. Prices start at $55 per night, and cabins and houses are popular options for a stay in Sam Houston National Forest. Mission Tejas State Park. Cagle Park ($5 day use) is About 14 miles from cabin to Cagle Park. Located in the Sam Houston National Forest. Phone: (936) 569-8547 Address: 8096 FM 2782 Nacogdoches, TX 75964 Contact: Adam Terry Dates Open: Open year round. Sep 10, 2020 · Camping in Sam Houston National Forest Find camping at several campgrounds in the Sam Houston National Forest. SHSU is a Doctoral Research University, with some of the best programs in the country. 5 km) from the centre of Conroe. Get lost in this property as wildlife and nature envelope you, and brings you the type of experience only the outdoors can deliver. With 24 hour support & pay now or later options, Last Minute booking is easy! Information about recreation options in Sam Houston National Forest 1. Adventure awaits you. Trails are available for hiking and biking, bird watching and nature enthusiasts. Visitors are urged to pack extra soap and hand sanitizer as a precaution. Save on popular hotels near Sam Houston National Forest, Conroe: Browse Expedia's selection of 465 hotels and places to stay closest to Sam Houston National Forest. 1 hour 4 minutes to Davey Crockett National Forest . Book with lastminute. Feb 26, 2017 · Sam Houston National Forest. National Forests & Grasslands in Texas Supervisor's Office Sam Houston National Forest, New Waverly: Hours, Address, Sam Houston National Forest Reviews: 4/5 Situated in Willis, this cabin is 0. (See pictures) Contact Us National Forest Foundation Bldg 27, Ste 3, Fort Missoula Rd Missoula, MT 59804 T 406. A wonderful mix of trees and terrain make this property a sportsman's dream. The closest town to the recreation area is Waverly, which offers shopping and dining. Wildlife abounds. Beside the lake stands a lodge Jasper also makes a good base for visiting the Davy Crockett National Forest, which encompasses more than 160,000 acres and is named for the legendary pioneer. Campground Camping · Dispersed Camping · Group Camping 29 Dec 2020 - Rent from people in Sam Houston National Forest, TX from ₹ 1470/night. (See pictures) The forest is also a protected habitat for the endangered red cockaded woodpecker. Find Hotels near Sam Houston National Forest, Conroe from $42. 55. quaint four person camping cabin near big ticket Things to do near Sam Houston National Forest on Tripadvisor: See 27 reviews and 135 candid photos of things to do near Sam Houston National Forest in New Waverly, Texas. $2. Rent a secluded cabin with an amazing view, a historic tower The Sam Houston National Forest is off Interstate Highway 45 and U. The forest contains 163, 037 acres between Huntsville, Conroe, Cleveland and Richards, Texas. Water - The Sam Houston National Forest is drained through several small creeks into the east and west forks of the San Jacinto River, and a small portion drains into Lake Livingston. Feb 15, 2018 · Sam Houston National Forest. Book now and save more with our Hot Rate Deals. This cabin is perfect for a weekend hideaway. Development here - residential or commercial - retains the beauty of the landscape. Email Updates Explore an array of Sam Houston National Forest, US vacation rentals, including cabins, houses & more bookable online. com listing has verified availability, rental 9 Jan 2020 California Fire Lookouts for Rent US Forest Service Cabins. Bite off the 🙉THANKS FOR WATCHING! PLEASE SUBSCRIBE, LIKE & SHARE! 🙉Squatch has been active in the SHNF for some time and appears to be more aggressive than others. Only 35 miles N of Houston on beautiful Lake Conroe, a 30,000 acre lake for boating and fishing. For equipment rentals, fishing Results 1 - 25 See all 55 apartments currently available for rent near Sam Houston National Forest. 2 hours 4 minutes to Galveston, Texas : Population 50,497 Texas State Parks near Houston. The cabin was clean and located in a nice quiet neighborhood near Information about recreation options in Sam Houston National Forest 1. 9 mi (38. If I need to cancel the hotel reservation for my stay near Sam Houston National Forest, will I receive a refund? Yes, most hotel reservations are fully refundable provided that you cancel before the hotel's cancellation deadline, which in most cases is within 24 or 48 hours of your scheduled arrival. 2810 Check prices on hotels close to Sam Houston National Forest Tonight 5 Dec. And while you're there, stop to take a picture by the massive statue of Sam Houston off I-45. 1 hour 3 minutes to Conroe, Texas : Population 82,000 . 1 km) from Sam Houston National Forest and within 12 mi (20 km) of Texas National Golf Club and The Lone Star Convention & Expo Center. Sam Houston National Forest's off-highway vehicles trail is the only trail of its type in Texas national forests and grasslands. Find cheap deals and discount rates that best fit your budget. There is a spacious living area that has a TV, VCR, and DVD player. 00 just 2 blocks from Monterrey Park an Boat Launch on Lake Sam Rayburn. These woodlands, dominated by loblolly and shortleaf pines typical of the East Texas Pine Belt, provide attractive camping and picnic areas and surround scenic Lake Raven, a 210-acre impoundment. Find deals on Cabin Rentals in Huntsville, Texas. 3 mi (13. It may predate 1858, and was built in a style suggestive of architectural ties to Acadian Louisiana. Dwarf palmettos (Sabal minor), Sam Houston National Forest, Walker County, Texas (May 2012) Peach Creek, Lake Houston Wilderness Park, Montgomery County, Texas (May 2013) Louisiana yucca ( Yucca louisianensis ), Roy E. This family-friendly cabin rental near Sam Houston National Forest is perfect for a getaway to Texas. 2020 - Louez auprès d'habitants à Sam Houston National Forest, Texas à partir de 16€ par nuit. As one of the four national forests in the state, Sam Houston National Forest lies 50 miles north of Houston. Head to the Ratcliff Lake Recreation Area where you can take a dip at the swimming beach and cast a line from the fishing pier or enjoy a short stroll along the interpretive nature trail. As you leave Fawn Forest, turn left on main road (1097/Bethel). Inside, the cabin has a full kitchen, an open-concept living and dining area, a comfortable bedroom and a large bathroom. Although those cabins were owned by individuals or families, they had no legal claim to the land. Click to see overview map of entire SHNF Current Burn Map Click on image to Campers hear loud vocalizations in Sam Houston National Forest It was the evening before thanksgiving and as we have done for many years our extended family went camping near our parents retirement home in Coldspring. Located just south of Sam Houston National Forest and only 40 miles north of downtown Houston, the campgrounds near Conroe, Texas provide convenient places to stop during a tour of the Lone Star State. Cagle Recreation Area, located on the shores of Lake Conroe, offers great fishing and water sports just 45 minutes north of Houston. Camping trips to Huntsville State Park and Sam Houston National Forest. 00 daily with any 7 night stay is only 600. com. 6 miles to Cagle Recreation Area sign. Private cabin guest house with your own bedroom with new queen bed, sitting room and full bathroom. Suitable for families as well as couples, this ranch setting cabin offers easy access to several hiking trails. Hotels, RV parks, campsites and vacation rentals near Lake Conroe are just minutes away from the beach, along with the thriving community's restaurants and shops. The forest is populated by deer, frogs, hogs, rabbits, squirrels, and dozens of bird species. But never fear, dear traveller: Sam Houston National Forest accommodation won't break the bank. You may stay 14 days at Sam Houston National Forest - Equestrian Parking. A rural cabin is a refuge from the cares and troubles of everyday life. (See pictures) May 03, 2017 · 3. NFSlogo. come visit The space Jul 18, 2015 · The George Observatory 5555 Hermann Park Drive Houston, TX (713) 639-4629 www. Onsite, campers can look forward to a pristine natural terrain, excellent for photography, scenic and sunset viewing and hiking. The Sam Houston National Forest WMA has 161,508 acres with 47,609 acres in Montgomery County, 59,746 acres in San Jacinto County, and 54,153 acres in Walker County. 4 mi (37. Larson Sandyland Sanctuary, Hardin County, Texas (November 2019) It's totally furnished with full size appliances including large washer and dryer. It is the only park in the City of Houston park system that permits overnight camping. Bed linens are also provided and each cabin has central air conditioning and heat. Get details Fall is one of our favorite times of year at our lakeside cabin in a remote rustic setting amid the Sam Houston National Forest! We are less than a half hour from RenFest. 24/7 support with Sam Houston National Forest hotel reservations. Chances are, you've gathered that if you've lived in Arkansas very long…but which are the absolute must-visit spots in this wonderland? Lake Houston Wilderness Park. Lone Star Hiking Trail-Features 127 miles of overland hiking trails with campgrounds, boat launches and picnic areas. There are local ranger district offices located in Hemphill. Building a primary residence or vacation log home in Cleveland, Willis or Montgomery gets you quick access to the vast recreational opportunities of the forest and nearby lakes, such as Lake Conroe or Lake 2 days ago · Offering mesmerising views of Los Padres National Forest, this cozy cabin is the perfect retreat near Big Sur. Learn about Recreation. Tosca Winery. A kitchen area is furnished with full-size refrigerator, stove, sink, built-in microwave, coffee maker, toaster and dishes, glasses, and silverware for four guests; a full set of West Sandy Creek Winery is a 360-acre ranch at the edge of the Sam Houston National Forest near Huntsville, Texas. Southwest Louisiana's sole state park, Sam Houston Jones, is notable for its unimpeded expanses of pine and cypress forests. It comprises some 161,508 acres, with This log cabin feature living/dining area with fireplace, sofa, coffee table, side chair and dining table with four chairs. With the Sam Houston National Forest on one side, and a State Park on the other, these 2 to 5 acre lots will be protected for life. Alaska Cabins (Tongas NF) Arizona Cabins Trail Maps These are the current maps available for hiking, biking, equestrian & multi-use trails in the Sam Houston National forest. Development of a 2,816 acre property near Evergreen, Texas, surrounded on three sides by Sam Houston National Forest. View 3 photos, read details, and contact the seller. If you're planning a trip to this park, make sure you bring your safety gear! Goggles and helmets are required Situated in Willis, this cabin is 0. 6 août 2020 - Maison ou appartement en entier à $123. A day use fee is required when entering the forest. A lot of attention to detail went into planning the layout and terrain in our development. About an hour north of Houston, another great spot for off-roading is the Sam Houston National Forest. Oct 02, 2014 · Posts about Sam Houston National Forest written by Northshore Resort on Lake Livingston drive in from the George Bush International Airport near Houston, concrete May 03, 2017 · 3. 10 Sep 2020 Hike, fish and camp at the Sam Houston National Forest near Lake Conroe, or explore the trails at W. About Us Conroe is bordered by 22,000-acre Lake Conroe, Sam Houston National Forest, and W. Tent camping made better, because KOA amenities are right down the path. Lone Star trails. Galveston Island State Park Conroe Texas is the seat of Montgomery County and lies 40 miles north of Houston, Texas towards Huntsville on I-45, in the Lake Conroe Area below the Sam Houston National Forest. Airstreams, cabooses, tepees, and other unique places to lay your head. Situated in Huntsville, this cabin is within 6 mi (10 km) of Old Main Memorial, Sam Houston National Forest, and Sam Houston State University. With Wotif bringing you the best deals in travel, you can book accommodation near Sam Houston National Forest without blowing your budget, and the money you'll save by snagging that central location at a cheap rate will pay you back in spades. Deluxe mountain cabins minutes from the Red River Gorge and Natural Bridge State Resort Park in the Daniel Boone National Forest in Kentucky - hot tubs, fire . Camping is offered on a first-come, first-served basis in developed recreation areas, and popular areas such as Cagle and Double Lake, offer reservations through recreation. Tomorrow night 6 Dec. The forest connects the towns of Huntsvile, Cleveland, and Richards, and is full of wooded hiking trails you can explore. Posted: (5 days ago) Situated on the waterfront, this romantic cabin is steps from Lake Livingston and Sam Houston National Forest. com for available Apr 11, 2019 · Alaska Cabins offer unique once-in-a-lifetime getaways! Recreation. E-mail pawpawcabins@gmail. 1 km) from Sam Houston National Forest and within 12 miles (20 km) Plantersville Cabin - Near Renaissance Festival! Mar 24, 2013 · The road in is Gravel and . Fiber optic wifi, leash free dog park ,covered sights, full time residency 55 and older. au for great Cabin Rentals deals in Spring. Lake Conroe KOA has the perfect accommodations for your lakeside retreat regardless of your preferences. ca today. Nestled in a quiet cove, enjoy this beautiful resort just minutes away from the Sam Houston National Forest. Part of the Lone Star Trail travels through Sam Houston National Forest, which borders parts of Lake Conroe and Lake Livingston. 394 FM 1375, New Waverly, TX, fs Use the filters to see hotels in a specific area of Sam Houston National Forest, select a specific theme, brand, or hotel class from basic (1 Star) to luxury hotels (5 Stars) in Sam Houston National Forest; Enter your travel dates to view the best deals on hotels in Sam Houston National Forest - while they last Use the filters to see hotels in a specific area of Sam Houston National Forest, select a specific theme, brand, or hotel class from basic (1 Star) to luxury hotels (5 Stars) in Sam Houston National Forest; Enter your travel dates to view the best deals on hotels in Sam Houston National Forest - while they last Wine Tasting Cabin. Zillow has 264 homes for sale in Texas matching National Forest. The camp will open in 2019 as a first-class facility featuring both a scout camp and a leadership institute. Lake Houston Wilderness Park encompasses 4,786. The Lone Star Hiking Trail is accessible year round and is never over crowded. The forest has 85 miles of beautiful, multiple-use trails for not just off-roading, but also horseback riding. Devin Greaney explores some of Austin's abandoned haunts. Jun 23, 2020 · RV Camping and Cabins near the Sam Houston National Forest For those who love real beds, gas grills and air conditioning, consider reserving a camping cabin at Thousand Trails Lake Conroe RV and Camping Resort. Sabine National Forest (Open Monday - Wednesday, Virtual Only) 5050 Hwy 21 East Hemphill, TX 75948 (409) 625-1940. Belong Situated on the waterfront, this romantic cabin is steps from Lake Livingston and Sam Houston National Forest. Sam Houston covers a massive landmass of 163,037 acres of forest land, and it contains many different species of flora and fauna to be enjoyed by visitors and locals. The staff was Situated on the waterfront, this romantic cabin is steps from Lake Livingston and Sam Houston National Forest. The maximum RV length at Sam Houston National Forest - Equestrian Parking is 45. Check prices close to Sam Houston National Forest for tonight, 5 Dec. Cagle has a boat ramp, hiking trails and two camping loops with 47 full-service RV sites nestled among the pines of the Sam Houston National Forest. Sam Houston National Forest Cabins – This Cozy Sam Houston National Forest Cabins 2018 photos was upload on December, 2 2018 by Gilda Hickle. 4 km) away. Location. There is a king-size master suite, a bedroom with two queen-size beds, and the third bedroom has a queen-size bed, a sofa sleeper, and a set of bunk beds. 1375, take Rt. 2 miles from a paved road. 2. 3 miles from cabin. 97% B&R Lakeside Cabins & RVs. See nearby properties Find out more about New Waverly Visiting the Roberts-Farris Cabin, or the "Cabin on the Square," built in the 1840s. You'll enjoy the use of the house and craft barn on 9 acres in the Sam Houston National Forest. This log cabin features a living/dining area with a fireplace, sofa, coffee table, side chair, and dining table with four chairs. The forest is administered together with the other Nearby attractions include Lake Livingston State Park, Fanthorp Inn State Historic Site, and Sam Houston National Forest. Forest Glen is a non-profit, multi-site, independent camp & retreat center. Find your private mountain cabin surrounded by national forest, public lands, or millions of acres of forest. Sam Houston National Forest The Sam Houston National Forest in Walker County is nestled among one of the largest national forests in south Texas. Historic downtown Conroe is a great place for exploring and soaking in local art, the Sam Houston National Forest is great for scenic viewing and the Southern Star Brewing Company are camper favorites. 1 hour 19 minutes to Houston, Texas : Population 2,300,000 . This gorgeous 158 acre ranch/recreational tract neighbors the Sam Houston National Forest and is ready for exploration. Located next to owners house on 10 acres with Information about recreation options in Sam Houston National Forest 1. Either way, you'll find a rental for everyone's needs. Jim Bowie is a privately owned cabin. Choose from more than 131 properties 3 bedroom, 2 bath on 7. Located near the northernmost tip of Lake Conroe, this gorgeous partially wooded lot is ready for you to build your next dream home on! Boasting features such as low taxes, a gorgeous view of the Sam Houston National Forest surrounding the gated community, and access to Lake Conroe, this private paradise welcomes you whether you're building your next home or a weekend getaway cabin. in the 1930s. Book now & save with no cancellation fee. 3 Acres, Sam Houston National Forest, 3 acres in Montgomery, Texas offered at $89,900. What are the most popular points of interest and landmarks to stay near when travelling to Coldspring? Jan 1, 2021 - Rent from people in Sam Houston National Forest, TX from $20/ night. Finding your dream hotel near Sam Houston National Forest is easy when you search here on Expedia. If you don't have your own camper, the KOA has deluxe cabin rentals. Here latest Sam Houston National Forest Cabins photos collection. Nov 13, 2020 · The Worst Advices We Ve Heard For Sam Houston National Forest New Tiny Cabin Rentals Root 3 Hours From Houston For Ultimate Camping Cabin Near Sam Houston Lake Livingston State Park is 90 miles north of downtown Houston. Posted: (5 days ago) The Enchanted Cabin is nestled deep in thick woods near Enchanted Lake on our ranch near Houston. 542. Bird Island Basin - Padre Island NS - Corpus Christi, Texas Located on the waters of the Laguna Madre, this site offers fantastic opportunities for windsurfing, kayaking, boating, birding and fishing. Trail maps and brochures are Careers · Hotels near me · Travel Guides · Vacation Rentals · Top 50 cities · All countries · Site Index. Sam Houston National Forest in New Waverly Texas When you're here, for some reason, it Sam Houston National Forest is a popular dog friendly hike in New Waverly. The Hi-line Lodge sleeps 20 and is great for family reunions. We are 1 camp in 2 locations, with beautiful sites in Huntsville, TX & Rosebud, TX. com Situated in Willis, this cabin is 0. Just fifty miles from downtown Houston, your cabin on 20,000-acre Lake Conroe awaits. Approximately 30 minutes north of downtown, you can escape to over 4,500 acres of wooded parkland and 20 miles of hiking and biking trails. 409/344-6205. Thus, what's beneath and around the foundations is the responsibility of the Forest Service, putting the cabins under government jurisdiction. View 8 Texas treehouses available for weekend getaways We have 48 properties for sale listed as rustic cabin tx, from just $79,000. May 02, 2014 · Angelina National Forest // At 153,179 lush green acres, The lovely Sam Rayburn Reservoir offers opportunities for pleasure boating and fishing, We loved the 113-year-old log cabin, set Jul 26, 2016 · 12 Incredible Hidden Gems To Discover In The Ozark National Forest. The private cozy country cabin has access to the fishing pier across street with fully stocked community lake (no license required). Forest Rules These regulations have been made by the Secretary of Agriculture to assure the enjoyment of recreation in the National Forests. Camp sites, day use sites, and cabins you can reserve from our national reservation service either on-line or by toll free number. Narrow down hotels based on your budget, hotel class rating, or specific hotel themes. North of Houston, among the shortleaf and loblolly pines of east Texas, you'll find two of Texas' state parks. SOLD: 81 +/- Acres in San Jacinto County, Texas for . We have 38 properties for sale listed as texas acres sam houston national forest, from just $85,000. The cabins include either one or two bedrooms, a living/dining area, a bathroom, and a fully outfitted kitchen, complete with cooking and eating utensils. beach on 24-acre lake, concession stand (with bathhouse, groceries, ice, canoe & paddleboat rentals). It sleeps up to four glampers in two bedrooms. Project type: Campgrounds and Cabins, Parks and recreation, Picnic and Other Sam Houston National Forest comprises three counties—Montgomery, San Information relating to ORV and other use on the Sam Houston Ranger District is posted at bulletin boards at each trailhead. The national forests in Texas were established by an act of the Texas legislature in 1933 that authorized the purchase of lands for the national forest system. Sabine National Forest is located in East Texas near the Texas-Louisiana border. The Piney Woods region of Texas exhibits incredible biodiversity. And an array of amenities are already in place. The Sam Houston National Forest offers 85 miles of multiple-use trails designated and developed for hiking, biking, horses, and registered Off-Highway Vehicles (OHVs). 31 miles away Explore. The park spans more than 2,000 acres and has 21 miles of trails, multiple playgrounds, nature center, and water activities. 1 mile from the lake! 5 miles from town! Near national forest hiking and kayaking and biking. Lake Conroe in Conroe, Texas sits surrounded Sam Houston National Forest and 157 miles of shoreline, with beautiful beaches, picturesque views, and lakefront communities. 5 out of 5 Jun 04, 2018 · Located 58 miles north of Houston, Sam Houston National Forest is the only Texas state park with a designated trail for OHVs. The campground is big rig friendly and RVs of any size. These RV parks in Conroe can accommodate RVs of all sizes, and this city of more than 80,000 has interesting places to visit. DO NOT enter "Sam Houston National Forest" into Google Maps and expect it to get you there. The park has multiple-use trails open to off-road vehicles and horseback riding. The Davy Crockett National Forest, named for the legendary pioneer, contains more than 160,000 acres of East Texas woodlands With a stay at this cabin in Cleveland, you'll be within a 5-minute drive of Sam Houston National Forest and Texas Emergency Hospital. May 13, 2016 · Campers can relax with fishing, hiking or renting a canoe, and the park is only a short drive away from Sam Houston National Forest. Find unique places to stay with local hosts in 191 countries. About an hour North, you'll run into Davey Crockett National Forest, and less than an hour Southwest you'll hit Sam Houston National Forest. The grounds are kept very well so you can enjoy the walking trails and do some fishing if you like (no liscense required) or just relax on the covered porch, take in a good book, or enjoy a nice fire under the Sep 14, 2018 · 2. The Sam Houston National Forest is located 50 miles north of Houston. Huntsville, TX is the perfect escape for nature and history lovers. Deer is the most popular game animal in the Sam Houston National Forest, with squirrels second. Quail and dove are found around newly regenerated timberland. 1375 west 5. Check-in "I loved everything about my stay at The Historic Hill House cottages. G. Free breakfast hotels in Sam Houston National Forest are also a great option for those who value convenience. Camping near Sam Houston National Forest is easy with Hipcamp, where private landowners offer one-of-a-kind camping experiences. You can always find the best Sam Houston National Forest hotel for your needs when you book with us on Expedia. Lone Star Hiking Trail This 129-mile National Recreation Trail winds through the Sam Houston National Forest from its eastern edge near Cleveland to its western edge near Richards. Forest Service turf. Spread out over 16 Arkansas counties, the Ozark National Forest is 1. (See pictures) Wildwood Shores is nestled on the North shore of Lake Conroe and surrounded by the Sam Houston National forest. Sunset Shores RV Resort Enjoy luxury RV camping at Sunset Shores on Lake Conroe RV Resort. 2 million acres of pure wonder. With boating, breweries, a historic downtown, and a thriving theater scene, there's so much to experience with Lake Conroe vacation rentals. Stubblefield Recreation Area was built during the Depression by the Civilian Conservation Corps (CCC) in 1937. Sam Houston Jones State Park is part of a geocaching adventure that encourages geo-seekers to visit all of the historic sites and state parks in Louisiana. At Lake Houston Wilderness Park, choose from cabin and walk-in campsites for rental, or bring your horse for 13 miles of equestrian trails. As a part of President Franklin Roosevelt's New Deal Plan, young men developed parks across the U. and some of the park's cabins are right near the water. The campground has family camping sites and even special Hiking is very popular in the spring when the climate is milder. Apr 06, 2014 · Not only do the residents enjoy the lake, but there are national and state parks, including the Sam Houston National Forest, Huntsville State Park and Lake Livingston State Park with hiking trails through the woods. Sharing land with the Sam Houston National Forest, Huntsville About Us Conroe is bordered by 22,000-acre Lake Conroe, Sam Houston National Forest, and W. It is contained within Montgomery County, San Jacinto County, and Walker County. 59 minutes to the Sam Houston National Forest 1 hour to Lufkin, Texas : Population 35,500 1 hour 4 minutes to Conroe, Texas : Population 82,000 1 hour 7 minutes to Davey Crockett National Forest 1 hour 8 minutes to Dayton, Texas : Population 8,000 1 hour 12 minutes to The Woodlands, Texas : Population 95,000 56 minutes to the Sam Houston National Forest . At each forest you can find trickling streams, lowland sloughs, and upland forests. The Sam Houston National Forest, one of four National Forests in Texas, is located 50 miles north of Houston. 231 Hostetter Road, New Waverly, TX 77358, United States The Old Place is a rustic cabin built of rough-sawn cedar planks about 1823. Sam Houston Memorial… W W W … 4. Sam Houston National Forest WMA. 6 km) from Sam Houston National Forest. Cabin, Paw Paw's Cabins at Monterrey Park Boat launch area. Check prices close to Sam Houston National Forest for tomorrow night, 6 Dec. Visit Six Flags Splashtown, or relax in our 1st rate amenities and accommodations. 163000 acre national forest near Lake Conroe, Texas. lodging. The national forests in Texas were established by an act of the Texas legislature in 1933 that authorized the purchase of lands for the national forest 14811 FM 1097, Willis, TX 77318, USA. Nov 15, 2018 · The forest is great for hiking and exploring by day, and by night the trees help provide some relief from the city's light pollutio


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Donald Trump, the US President, addressed the scheduled opening of the US embassy in Jerusalem on Monday as "a great day for Israel," even as violent clashes erupted between Palestinians and Israeli security forces on the Gaza border.
Report from the Gaza Health Ministry has it that, 12 Palestinians has been killed by Israeli fire amid mass protests on the border against the transfer of the US embassy from Tel Aviv to Jerusalem.
The president who tweeted this morning made no reference to the violence, instead inviting Twitter followers to watch live coverage of the embassy opening on Fox News channels, which was to begin at 1300 GMT.
"Lead up to 9:00 A.M. (eastern) event has already begun. A great day for Israel!" Trump tweeted.


Why your child should join a team sport!
There are numerous wonderful benefits your child can receive from participating in a team sport. Physically it will help them maintain a healthy weight and prevent conditions such as type 2 diabetes and heart disease later in life. It can also help to reduce stress, improve vision, and increase vitamin D levels.
Enjoyment of sports at a young age encourages children to develop life skills that will assist them in becoming healthy adults by fostering team-building skills and allowing your child to meet new people and form friendships. If playing sports doesn't necessarily come naturally to your child but they enjoy playing them, hard work and practice will show improvements in their sports skills, which will build their self-confidence on and off the field. They will overcome shyness by learning to communicate with others on their team and become more sociable in different environments. They may not necessarily be friends with the children on the team at first but they will learn the importance of how to interact with others and work towards a common goal.
Some great team sports to consider having your child try this summer could be baseball, basketball, soccer, golf, tennis, hockey, softball, volleyball, archery, football, track and field, swimming, lacrosse, and more! If it's too late to sign up now, a great way to get them involved is by playing a friendly game in your neighborhood or at your local YMCA.
Your child will quickly feel the benefits of staying active, teamwork, and personal growth as they play a sport this summer!
Great activities guaranteed to get your child moving!


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Hipped roofs with inward slopes at both ends can offer extra living space through developments such as hip to gable conversions.
A hipped roof can really benefit the property value and those using or living within it. The different types of hipped roofs include the most common and simple type of hipped roof, cross hipped roofs which are similar to a cross gable using separate hip roofs on homes which have different wings and a half hipped roof with two sides shortened to create eaves.
Hipped roofs are particularly suited and good for areas of turbulent weather such as strong winds and snowy areas allowing for water and residue to slide off of the roof at ease. Hipped roofs can increase the potential space for properties with a vaulted ceiling or an attic and should be a definite development consideration.
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SB 1394, a bill intended to bring more oversight and regulation to charter schools, hasn't gone anywhere yet. Like lots of other bills, it's waiting to be considered, amended or ignored to death.
The bill has some good stuff in it, but it also has a loophole big enough to drive an eighteen wheeler through packed tight with all the state's Charter Management Organizations. That means lots of charter schools, including the entire BASIS chain, won't be bound by the new regulations.
There are charter schools, and then there are Charter Management Organizations.
Everyone knows about charter schools. They're buildings filled with teachers and students, just like other schools. (Online charters are the exception, where students work at home sitting in front of their computers [or that's the plan anyway. Whether they're actually sitting and working is another matter]). Like school districts, charters are supported by taxpayer dollars, but with fewer regulations and restrictions.
But not everyone knows about Charter Management Organizations. CMOs work with one or more charters. In some cases, they're outside management companies hired by the schools to take care of things like administrative and accounting duties. In other cases, the CMOs run the whole shebang. They're like school districts in charge of their schools, overseeing everything from curriculum to purchasing to the hiring and firing of administrators and teachers.
Not all charters use CMOs, but lots do, including well known Arizona-based charter chains like BASIS and Great Hearts. Arizona also has charters that belong to national chains, like Imagine Schools with 12 Arizona campuses and online schools like Arizona Virtual Academy, which is part of the publicly traded corporation, K12 Inc.
Charters with CMOs get money from the state based on how many students are enrolled just like everyone else, but they send a portion of their money upstairs to the CMO, where it disappears from sight. In the case of the charter chains I mentioned above, the schools send nearly everything upstairs.
No one on the outside knows how the CMOs spend their money, including Arizona's Charter School Board, the Auditor General and the Attorney General. It's a form of legal money laundering. Once the money flows from the charters to their CMOs, it's cleansed of the government's fingerprints and becomes theirs to spend pretty much as they wish.
Charters won't be able to buy goods and services from the owners' relatives or buddies at some ridiculous price far above market value. The purchases have to be made "in the best interests of the charter school," meaning price and quality of the goods and services have to be taken into consideration.
Charters can't buy from family or members of the school's board members either, unless they can demonstrate the purchases are in the school's best interests — especially large purchases over $50,000.
Charters have to use "generally accepted accounting principles."
If the charter's sponsor — in most cases, that's the Arizona Charter School Board, a school district or a university — detects serious problems with any of these issues, it can ask the state Attorney General to look into the problems.
The bill's regulations are all moves in the right direction. They should make it harder for charter owners and their friends to use the schools as their personal ATMs.
But there's one serious problem with the regulations. They don't apply to CMOs.
Here's the gigantic loophole at the end of the section of the bill about the new regulations.
THIS SECTION DOES NOT APPLY TO MANAGEMENT CONTRACTS ENTERED INTO BETWEEN A CHARTER SCHOOL OR CHARTER HOLDER AND A CHARTER MANAGEMENT ORGANIZATION IF THE CHARTER SCHOOL DISCLOSES THE TERMS OF THE MANAGEMENT RELATIONSHIP AS REQUIRED IN SECTION 15-183, SUBSECTION JJ, PARAGRAPH 13 TO THE CHARTER SCHOOL'S SPONSOR.
In other words, if you launder the money through a charter to a CMO, it can spend the cash pretty much any way it damn well pleases just like before, and no one will be any the wiser.
Here's a possible unintended consequence of the loophole which could actually make things worse. If charters are held to stricter purchasing requirements than CMOs, more charters could decide send more money to the CMOs to do their purchasing for them. Some may even set up their own dummy CMOs to avoid regulation.
The bill's main sponsor is Republican Senator Kate Brophy McGee. She barely edged out her Democratic challenger Christine Marsh, a former Arizona teacher of the year, in the last election. To help her beat Marsh, Brophy McGee emphasized how pro-public education she is, which is reasonably accurate if you give her a Republican discount, and how she's for added charter school accountability and regulation. You could say her bill fulfills a campaign promise, right up until you get to the CMO loophole, which turns the new regulations into a sham. Brophy McGee won't say if charter school lobbyists helped her add the CMO-friendly language.
There are lots of unknowns since the bill has yet to be considered. Brophy McGee says she wants to tighten up the language to make CMOs more accountable. That may happen. But that would make the bill harder to pass with the pro-charter Republicans holding the majority in the House and Senate. If a rewritten bill does a good enough job of holding CMOs accountable, it may not even make it to the floor for a vote.
Stay tuned. No matter what happens, we're going to learn something. In the 1990s, Republicans intentionally created Arizona's Wild West charter school system, where controls are few and freedom from oversight is the rule, based on conservatives' belief that the "invisible hand of the marketplace" will work its magic if it's left to its own devices. We'll find out if Republicans are serious about reining in the worst excesses of the system they created.
A Southern Arizona Sponsors Note: Brophy McGee's bill has eleven co-sponsors, including Southern Arizona's Senator David Bradley and Representatives Alma Hernandez and Daniel Hernandez. I'm hoping they all signed on with the idealistic intention of improving the bill before it comes up for a vote. I hope they're not rationalizing their sponsorships by saying "Something is better than nothing." In fact, as the bill is currently written, nothing is better than something. If the bill becomes enshrined into law as is, it will put an end the push for genuine charter school oversight and reform for years to come.
If the loopholes remain in the bill, all the Democratic sponsors including the three from S. AZ should publicly remove their names and discourage other Democrats from voting for it.