Handbook of the Economics of Finance e-bog
1094,57 DKK
(inkl. moms 1368,21 DKK)
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 t...
E-bog
1094,57 DKK
Forlag
North Holland
Udgivet
4 november 2003
Længde
654 sider
Genrer
Corporate finance
Sprog
English
Format
pdf
Beskyttelse
LCP
ISBN
9780080495071
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.