Commentary on the 1982 FMA Program

* More than 1,000 people registered for the twelfth annual meeting of the Financial Management Association held at the St. Francis Hotel in San Francisco, October 14-16, 1982. Several individuals have asked a variety of questions about the 1982 program. The purpose of this commentary is to answer these questions and to provide the membership with (1) a brief description of the program, (2) comparative data and a perspective on previous programs, and (3) a geographical distribution of participants. Program Development and Perspective The program was composed of 84 sessions this year, of which 12 were panels and the remaining 72 were paper presentations. Each of the 72 paper sessions contained three papers for a total of 216 papers. These papers were selected from 490 abstracts submitted, an acceptance ratio of 44 percent. Exhibit 1 indicates the