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This book focuses on microeconomic foundations of capital structure theory. It combines theoretical results with a large number of examples, exercises and applications. The book examines fundamental ideas in capital structure management, some of which are still not very well understood in the...
Persistent link: https://www.econbiz.de/10012398017
This monograph is devoted to the modern theory of capital cost and capital structure and its application to the real economy. In particular, it presents a possible explanation to the causes of global financial crisis. The authors of the book modify the theory of Nobel Prize winners Modigliani...
Persistent link: https://www.econbiz.de/10012402158
Erkenntnisse ab. Insbesondere kann er zeigen, dass die untersuchten Unternehmen ihre Kapitalstruktur nicht bewusst wählen. Auch das …
Persistent link: https://www.econbiz.de/10014020498
Die hohe Relevanz von Bilanzstrukturrisiken im Niedrig- bzw. Negativzinsumfeld führt zu der zentralen Frage nach etwaigen Abhängigkeiten der präferierten Anlage- und Kreditlaufzeiten vom aktuellen Marktzins. Aus dieser Abhängigkeit wiederum resultiert die Frage nach der Angemessenheit der...
Persistent link: https://www.econbiz.de/10012401664
-- Interpretation der Bankrechnungslegung -- Implikationen von Ratings für die Bewertung von Banken und Bankenratingsysteme … Banken · Methoden der Unternehmensbeurteilung von Banken · Interpretation der Bankrechnungslegung · Implikationen von Ratings …
Persistent link: https://www.econbiz.de/10014020075
This book criticizes the fact that profitability measures derived from capital market models such as the Sharpe ratio and the reward-to-VaR ratio are proposed for loan portfolios, although it is not proven whether their risk-return trade-offs are optimal for banks. The authors demonstrate that...
Persistent link: https://www.econbiz.de/10013520561
Chapter 1: Introduction -- Chapter 2: Mechanics of Securitization.-Chapter 3: Securitization Structures.-Chapter 4: A … Historical and Regional Overview of Securitization -- Chapter 5: Effects of Securitization on Banks and the Financial System … -- Chapter 6: Valuation of ABS under Asymmetric Information.-Chapter 7: The Role of Securitization in 2007-2009 Crisis.-Chapter 8 …
Persistent link: https://www.econbiz.de/10012397278
This book explores risk culture in banks following the financial crisis. It analyses the role of national and institutional risk culture, market competitiveness, organisational systems and institutional practices that led to a weakening of risk culture in financial institutions leading up to the...
Persistent link: https://www.econbiz.de/10012397523
Part I. Institutional Framework for Macroprudential in Islamic Banking System -- 1. Macroprudential Policy and Regulation in A Dual Banking System: An Exploratory Perspective -- 2. Doctrinal Challenge for Islamic Banking on Macroprudential Regulations: A Religion-Regulation Mismatch 2.0 -- 3....
Persistent link: https://www.econbiz.de/10014019978
This monograph is devoted to a modern theory of capital cost and capital structure created by this book’s authors, called the Brusov-Filatova-Orekhova (BFO) theory, and its application to the real economy. BFO theory promises to replace the traditional theory of capital cost and capital...
Persistent link: https://www.econbiz.de/10012396974