Dr A. Mansur M. Masih
Saudi Aramco Chair Professor of Energy Economics
(and Bumiputra Commerce Bank Chair Professor of Finance
and Banking, Northern University of Malaysia, June - August)

Department of Finance and Economics
King Fahd University of Petroleum & Minerals
KFUPM P.O.Box # 1764 Dhahran 31261, Saudi Arabia
Ph:+966 3 860 5257, + 966 3 860 2135
Fax:+ 966 3 860 2585 (office)
E-mail: masih@kfupm.edu.sa
mansurmasih@gmail.com
Home page: http://faculty.kfupm.edu.sa/finec/masih

The Capital Markets Review (CMR) was formerly published by the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia) and the Research Institute of Investment Analyst Malaysia (RIIAM). Beginning 2005, the Malaysian Finance Association (MFA) has been given the privilege to take over the publication of CMR. Published twice a year, in November and December, CMR contains papers in both English and Bahasa Melayu. CMR publishes double-blind refereed articles in various aspects of finance, including Asset Pricing, International Finance, Corporate Finance, Banking, Risk and Insurance, Market Microstructure and Islamic Banking and Finance. The journal welcomes empirical and theoretical contributions that have not been previously published.

The journal is available free to members of the MFA The subscription price for individuals is RM38.00 per volume (2 issues) and RM50.00 for institutions (including postage and handling) for subscribers in Malaysia and Singapore. For overseas subscribers, the subscription price is USD30.00 per volume.

Instructions for Authors

1. Manuscripts may be written in either Bahasa Melayu or English. Only original and unpublished works will be considered. The manuscript should be typewritten double spaced and use 12pt fonts. The first page of text should only show the title of the manuscript. It should include an abstract of about 100-150 words and a maximum of 6 keywords identifying the main topics of the manuscript.

2. The paper starts on the second page, with all pages (excluding the abstract page) numbered consecutively at the bottom. References, appendices, tables and figures follow in respective order.

3. Authors are required to submit a hard copy and an electronic copy of their modified manuscripts in MS-WORD format in a diskette, or CD and via e-mail to swlow@pkrisc.cc.ukm.my

4. The cover page should contain the title of the manuscript, the author(s) and their affiliations. The cover page must also provide complete correspondence information – postal address, telephone and fax numbers and e-mail addresses.

5. Acknowledgements if any, should be collated in a separate section at the end of the article.

6. Responsibilities for the accuracy of bibliographic citations lies entirely with the Authors. All references should be identified at the appropriate point in the text by inserting, within parentheses the last name of author and year of publication e.g. [Author 2003]. Add page numbers when ideas are used or words are quoted e.g.[Author 2003: 204-205]. If there are more than two authors, the first name should be cited followed by ‘et al’. For multiple citations of publications by the same author in the same year append a letter after the date to distinguish different citations e.g. [Chong 2003a].

7. List all items cited by authors in alphabetical order in a separate sheet entitled References. Do not number the references. When possible, the reference section uses full author names. Names of first authors are represented as Last, First Middle Initial, and subsequent author names as First Middle Initial Last with an “and” preceding the last author. See the following examples.

Fauzias, Mat N. and Tea L. Choo. 2002. Volatility, expiration day effect and pricing efficiency: evidence from the Kuala Lumpur composite index futures. Jurnal Pengurusan 21: 19-55.

Gordon, M. 1978. Human Nature, Class and Ethnicity. New York: Oxford University Press.

Mauzy, D. 1993. Malaysia: Malay Political Hegemony and Coercive Consociationalism. In The Politics of Ethnic Conflict Regulation: Case Studies of Protracted Ethnic Conflicts, ed. McGarry and B. O’Leary. London: Routledge.

8. Tables should be numbered consecutively with Arabic numerals, have a brief title, and be referred to in the text. Type each table on a separate sheet. Vertical rules should not be used. Explanatory notes should be placed at the bottom of the table. The word Notes precedes the table notes and has to be set in italics.

9. All illustrations should be provided as high quality printouts, suitable for reproduction. They should be numbered consecutively in Arabic numerals in the order in which they are referred to in the text. They should accompany the manuscript, but should not be included within the text. Please mark all illustrations on the back with the figure number. Mark the appropriate position of a figure in the manuscript.

10. All authors will receive galley proofs for final checking. The proof will be sent via e-mail in Adobe Acrobat PDF format. In case of doubt, contact the managing editor at swlow@pkrisc.cc.ukm.my, tel.no. 603-8921 3479