Handbook of the Economics of Finance
Corporate Finance
- 1st Edition, Volume 1A - May 9, 2012
- Latest edition
- Editors: George M. Constantinides, M. Harris, Rene M. Stulz
- Language: English
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… Read more
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.
Preface (G. Constantinides, M. Harris, R. Stulz). Corporate Governance and Control (M. Becht, P. Bolton, A. Roell). Agency, Information and Corporate Investment (J. Stein). Corporate Investment Policy (M.J. Brennan). Financing Policies (S. Myers). Investment Banking and Security Issuance (J. Ritter). Financial Innovation (P. Tufano). Payout Policy (F. Allen, R. Michaely). Financial Intermediation (G. Gorton, A. Winton). Market Microstructure (H.R. Stoll).
- Edition: 1
- Latest edition
- Volume: 1A
- Published: May 9, 2012
- Language: English
GC
George M. Constantinides
Affiliations and expertise
University of Chicago, Chicago, IL, USAMH
M. Harris
Affiliations and expertise
University of Chicago, Chicago, IL, USARS
Rene M. Stulz
Affiliations and expertise
The Ohio State University, Columbus, OH, USARead Handbook of the Economics of Finance on ScienceDirect