A widely recognized paper by Colin Mayer (1988) has led to a profound revision of academic thinking about financing patterns of corporations in different countries. Using flow-of-funds data instead of balance sheet data, Mayer and others who followed his lead found that internal financing is the...

A widely recognized paper by Colin Mayer (1988) has led to a profound revision of academicthinking about financing patterns of corporations in different countries. Using flow-of-funds datainstead of balance sheet data, Mayer and others who followed his lead found that internalfinancing is the...

Dieses bewährte Standardwerk bietet einen Überblick über grundlegende Probleme und Lösungsansätze sowie Modelle der Investitions- und Finanzierungstheorie. Die Autoren stellen die neuere institutionentheoretische und die kapitalmarktorientierte Richtung gleichberechtigt nebeneinander und...