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Discussions on this paper can be submitted until January 1, 2007. The authors reserve the right to reply to any discussion. Please see the Submission Guidelines for Authors on the inside back cover for instructions on the submission of discussions.

L. Lee Colquitt,* Robert E. Hoyt,[dagger] and Kathleen A. McCullough[double dagger]

* L. Lee Colquitt is an Associate Professor in the Department of Finance, College of Business, 303 Business Building, Auburn University, Auburn University, AL 36849-5245, colquitt@business.auburn.edu.

[dagger] Robert E. Hoyt is Professor and Department Head, Insurance, Legal Studies, and Real Estate, Terry College of Business, 206 Brooks Hall, University of Georgia, Athens, CA 30602-6255, rhoyt@terry.uga.edu.

[double dagger] Kathleen A. McCullough is an Assistant Professor in the Department of Risk Management/Insurance, Real Estate, and Business Law, Florida State University, Tallahassee, FL 32306, kmccullo@cob.fsu.edu.