Narrow search
Showing 1 - 10 of 19,937
Cover Image
Quelques enseignements tirés de la recherche en finance d’entreprise
Schatt, Alain - In: Revue Finance Contrôle Stratégie 11 (2008) Special, pp. 193-235
French managers. Three different types of decisions are analyzed:investment decisions, financing decisions and payout …
Persistent link: https://www.econbiz.de/10005111117
Cover Image
Managerial Discretion, Agency Costs, and Capital Structure
Childs, Paul D. - 2008
investment risk on firm value and optimal capital structure. The manager's optimal investment risk policy is substantially … leverage may increase relative to optimal leverage when investment risk is chosen to maximize total firm value. Additionally …, greater managerial equity compensation may exacerbate the manager-stockholder conflict over investment policy, and in spite of …
Persistent link: https://www.econbiz.de/10012724933
Cover Image
Behavioral Corporate Finance : A Survey
Baker, Malcolm P. - 2008
than fully rational. It views managerial financing and investment decisions as rational responses to securities market … investment patterns. The survey closes with a list of open questions …
Persistent link: https://www.econbiz.de/10012727672
Cover Image
To Be or Not to Be (Public)
Bharath, Sreedhar T. - 2007
Why do firms go public? Despite the existence of many theories addressing this question, lack of data on private firms before they are public hampers our ability to test these theories. We circumvent this challenge by testing reverse predictions of going public theories using firms' decisions to...
Persistent link: https://www.econbiz.de/10012731310
Cover Image
A Dynamic Model of Optimal Capital Structure
Tsyplakov, Sergey - 2006
investment choices. The model extends the dynamic capital structure literature by endogenizing the investment choice as well as …
Persistent link: https://www.econbiz.de/10012735618
Cover Image
The Eletropaulo Case
Andres, Tomaz - 2004
Persistent link: https://www.econbiz.de/10012737888
Cover Image
Does M&A Pay? (Chapter 3)
Bruner, Robert F. - 2004
Following the largest Mamp;A wave in history, it is appropriate to assess the evidence on the profitability of this activity. One popular view is that merger activity is highly unprofitable. Does research sustain this view? This paper reflects on what it means for Mamp;A to 'pay' and summarizes...
Persistent link: https://www.econbiz.de/10012739105
Cover Image
The Effects of Insurance Company Mergers on Risk : A Note
Borde, Stephen F. - 1999
Insurance company risk is assessed after their acquisitions. An acquisition may increase risk if it is a strategic mismatch, or an acquisition may reduce risk through cash flow diversification. Over thirty-six month periods surrounding insurance company acquisitions, systematic risk changes are...
Persistent link: https://www.econbiz.de/10012789781
Cover Image
Personal Liability of Company Organs for Completeness and Correctness of Information Provided to Investors - Comment on the Federal Court of Justice's Decision of June 2nd, 2008, I...
Kersting, Christian - 2010
The German Bundesgerichtshof (Federal Court of Justice) has recently passed a judgement in which it held board members of a company liable for oral information given to investors during a quot;road showquot;. After the company had decided on an increase in its capital, the members of its...
Persistent link: https://www.econbiz.de/10012757909
Cover Image
What Hedge Funds Can Teach Corporate America : A Roadmap for Achieving Institutional Investor Oversight
Illig, Robert C. - 2009
Hedge funds and other private equity funds are aggressive monitors of corporate America. Their investment strategies …
Persistent link: https://www.econbiz.de/10012766750