Handbook of the economics of finance Volume 1A: Corporate finance

Preface (G. Constantinides, M. Harris, R. Stulz). Corporate Governance and Control (M. Becht, P. Bolton, A. Roell). Agency, Information and Corporate Investment (J. Stein). Corporate Investment Policy (M.J. Brennan). Financing Policies (S. Myers). Investment Banking and Security Issuance (J. Ritter)...

Full description

Bibliographic Details
Main Author: Constantinides, George M.
Other Authors: Harris, Milton, Stulz, René M.
Format: eBook
Language:English
Published: Amsterdam Elsevier/North-Holland 2003, 2003
Edition:1st ed
Series:Handbooks in economics
Subjects:
Online Access:
Collection: Elsevier Handbooks in Economics - Collection details see MPG.ReNa
Description
Summary:Preface (G. Constantinides, M. Harris, R. Stulz). Corporate Governance and Control (M. Becht, P. Bolton, A. Roell). Agency, Information and Corporate Investment (J. Stein). Corporate Investment Policy (M.J. Brennan). Financing Policies (S. Myers). Investment Banking and Security Issuance (J. Ritter). Financial Innovation (P. Tufano). Payout Policy (F. Allen, R. Michaely). Financial Intermediation (G. Gorton, A. Winton). Market Microstructure (H.R. Stoll).
Volume 1A covers corporate finance: how businesses allocate capital - the capital budgeting decision - and how they obtain capital - the financing decision. Though managers play no independent role in the work of Miller and Modigliani, major contributions in finance since then have shown that managers maximize their own objectives. To understand the firm's decisions, it is therefore necessary to understand the forces that lead managers to maximize the wealth of shareholders
Item Description:Includes bibliographical references and index
Physical Description:1 volume illustrations
ISBN:0080495079
9780080495071