Showing 1 - 10 of 11,880
French managers. Three different types of decisions are analyzed:investment decisions, financing decisions and payout …
Persistent link: https://www.econbiz.de/10005111117
This paper attempts to make of the standard incremental cash flow model (SICFM) a functional vehicle for coping with conflicts of interest. After outlining the model, residual rights to cash flows are linked to residual risks. Then, the underlying information sets to cash flows are brought to...
Persistent link: https://www.econbiz.de/10005668529
The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...
Persistent link: https://www.econbiz.de/10011259891
We investigate how borrowers’ corporate governance influences bank loan contracting terms in emerging markets and how this relation varies across countries with different country-level governance. We find that borrowers with stronger corporate governance obtain favorable contracting terms with...
Persistent link: https://www.econbiz.de/10010548603
market timing and catering approach views managerial financing and investment decisions as rational managerial responses to …
Persistent link: https://www.econbiz.de/10009251520
in financial decision making. Studies report evidence of distortions in corporate investment and financing decisions due …
Persistent link: https://www.econbiz.de/10005111082
that enables to evaluate the flexibility acquired by a venture capitalist when he stages his investment process. Instead of … investing a fixed amount at the beginning of the investment, the venture capitalist proceeds to a staged investment (one first … investment and a second investment). The second investment will be triggered by a successful achievement of the first investment …
Persistent link: https://www.econbiz.de/10005771817
The improvement of the financial structure is achieved based on the constrains determined by a series of internal hexogen factors of the activity of the company, controllable or not in one way or another, that can affect the way in which a company appeals to finances through proper or loaned funds.
Persistent link: https://www.econbiz.de/10008520620
In this paper we present a real-life application of a fuzzy expert system aimed at rating and ranking firms. Unlike standard DCF models, it integrates financial, strategic and business determinants and processes both quantitative and qualitative variables. Twenty-one value drivers are defined,...
Persistent link: https://www.econbiz.de/10005621641
In this paper we present a real-life application of a fuzzy expert system aimed at rating and ranking firms. Unlike standard DCF models, it integrates financial, strategic and business determinants and processes both quantitative and qualitative variables. Twenty-one value drivers are defined,...
Persistent link: https://www.econbiz.de/10005621647