Books in Corporate finance and governance

21-30 of 30 results in All results

Handbook of the Economics of Finance

• 1st Edition
• Volume 1A
• November 4, 2003
• George M. Constantinides + 2 more
• English
• Hardback 978-0-444-51362-5

  9 7 8 - 0 - 4 4 4 - 5 1 3 6 2 - 5
• eBook 978-0-08-049507-1

  9 7 8 - 0 - 0 8 - 0 4 9 5 0 7 - 1

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.

Dividend Policy

• 1st Edition
• March 10, 2003
• George Frankfurter + 2 more
• English
• eBook 978-0-08-048873-8

  9 7 8 - 0 - 0 8 - 0 4 8 8 7 3 - 8

Dividend Policy provides a comprehensive study of dividend policy. It explores the puzzle presented by dividends: irrational and subject to fashion, yet popular and desirable, they remain a priority among managers, even while perceived as largely symbolic. After exploring the history of dividend payments, from the emergence of the modern corporation to current perspectives, it traces the evolution of academic models on dividend policy. Here the authors review models of symmetric and asymmetric information before analyzing academia's accomplishments in solving the dividend puzzle. Related subjects, such as valuation and wealth distribution, round out the authors' presentation about new ways to think about one of the most intriguing subjects in financial economics. The book is recommended for professors and students in departments of finance and business, corporate finance staff, and financial regulators.

An Introduction to Executive Compensation

• 1st Edition
• February 28, 2002
• Steven Balsam
• English
• eBook 978-0-08-049042-7

  9 7 8 - 0 - 0 8 - 0 4 9 0 4 2 - 7

General readers have no idea why people should care about what executives are paid and why they are paid the way they are. That's the reason that The Wall Street Journal, Fortune, Forbes, and other popular and practitioner publications have regular coverage on them. This book not only proposes a reason--executives need incentives in order to maximize firm value (economists call this "agency theory")--it also describes the nature and design of executive compensation practices. Those incentives can take the form of benefits (salary, stock options), perquisites (reflecting the status of the executive within the organizational culture. This book is important because it takes the elements of an executive compensation package apart, analyzing them in the contexts of both economic theory and corporate practice and then explains how, under varying conditions, one might construct a compensation package that optimizes an executive's and a corporation's performance.

Shareholder Value - A Business Experience

• 1st Edition
• October 23, 2001
• RoyE. Johnson
• English
• eBook 978-0-08-049813-3

  9 7 8 - 0 - 0 8 - 0 4 9 8 1 3 - 3

Shareholder Value presents a powerful and useful toolkit of market-based perspectives, analytic approaches, valuation techniques, and specific financial metrics for use in everyday business life. The author helps a broad spectrum of professionals understand the salient points and real world implications of a 'value management' movement which has taken hold in many corporations in the United States and around the world. This movement is being supported by some of the major institutional investors who influence financial markets. The main goal of 'Shareholder Value' is to help working professionals grasp the concept of value 'creators' and 'destroyers', along with the implications. He also provides tools to measure the success (or failure) of major strategic and operational initiatives and enables corporate managers to understand how shareholder value is created, and then directs behaviour toward 'value-based' planning and action. Although mainly aimed at the professional market, 'Shareholder Value' will also be of use to students of business and finance as it is intended to provide a comprehensive foundation for important elements of business strategy and acquisition valuation, corporate financial analysis, capital investments, corporate financing and economic value based metrics.AUTHOR'S REVIEW:When developing this book, I strived to achieve the following: Provide the finance professional and student of finance with a comprehensive template of shareholder value concepts and techniques - geared toward use in a corporate setting Give the non-financial professional an understanding of the underpinnings and behavioural aspects of economic value management Outline and provide details of an effective process for implementing a value-based financial performance system within a corporation ...And, combine learning with enjoyable reading by presenting technical material through a story. The "story" and "characters" are unique features of Shareholder Value - A Business Experience. The reader can get an appreciation of the environment surrounding value-based management, along with challenges that arise when transitioning from traditional "accounting" performance (where earnings and earnings per share reign supreme) to "economic" performance (where cash flow and return on investment are emphasized). Characters occupying operating and staff roles have been created to represent people that those working inside companies (large, medium and small) may encounter and, also, to invoke some humour. Insights into how to function in different corporate roles can be gained by following the characters through the story.

Balance Sheet Structures

• 1st Edition
• March 20, 2001
• Anthony N Birts
• English
• eBook 978-1-85573-877-5

  9 7 8 - 1 - 8 5 5 7 3 - 8 7 7 - 5

Balance sheet structures is a practical and comprehensive guide to balance sheet issues. The book begins by covering the financial theory necessary for an understanding of the debt versus equity issue and then focuses on real world issues by discussing answers to the questionsWhy do companies have balance sheets structured as they are?Do industry differences rule the structure?Does a multinational differ greatly from a domestic company?Does management's attitude to risk have any effect?These questions are looked at through a series of case studies, mostly written by those who are responsible for the balance sheet structures they are living with. The book also aims to help the reader understand the interrelationship between debt and equity in terms of the overall value of the company and the impact on the company's cost of capital. It covers the various elements that make up the balance sheet, and the costs and benefits that attach to each and goes on to analyse the interrelationship between the business that the company is in, the maximisation of cash flows and the balance sheet that matches the business reality.Balance sheet structures is an invaluable and concise guide intended for a wide range of interested parties, treasurers, bankers, directors and students of business and economics.

Valuing Oil and Gas Companies

• 1st Edition
• June 19, 2000
• Nick Antill + 1 more
• English
• Hardback 978-1-85573-451-7

  9 7 8 - 1 - 8 5 5 7 3 - 4 5 1 - 7
• eBook 978-1-85573-899-7

  9 7 8 - 1 - 8 5 5 7 3 - 8 9 9 - 7

Market value is set by investor behaviour ....but objective methods of valuation are vital for accurate predictions of market behaviour. What are the key issues facing the industry - and the main points the analyst needs to look for when interpreting oil industry accounts? Do the best prospects necessarily lie with the larger and better-financed companies? How best can an investment strategy be managed in the refining industry, with its conflicting pressures of environmental controls and inadequate returns?This unique and authoritative book has the answers to these and many other questions, offering a series of benchmarks and performance indicators with which to evaluate oil company shares. An updated edition of a respected and established title, it remains the only comprehensive handbook of its kind available, and will be eagerly welcomed by corporate planners as well as investors and analysts.

CFROI Valuation

• 1st Edition
• February 15, 1999
• Bartley Madden
• English
• eBook 978-0-08-047642-1

  9 7 8 - 0 - 0 8 - 0 4 7 6 4 2 - 1

What generates shareholder value? How can it be evaluated? How can it influence investment decisions and corporate strategy? Cash Flow Return On Investment answers all these questions by detailing the pioneering financial research carried out by HOLT Value Associates, the leading consultancy in the field. Read this book if you want to find out what really drives the wealth generation in any business, allowing you to pick which equities will succeed and which strategic initiatives are destined for high returns. The CFROI model is an essential tool for professionals working in finance and corporate strategy. It clarifies how economic value is created in a firm and acts as a reliable guide to:* making investment decisions* taking key strategic decisions* understanding economic value

Insolvency

• 1st Edition
• May 31, 1996
• Peter Eales
• English
• eBook 978-1-84569-903-1

  9 7 8 - 1 - 8 4 5 6 9 - 9 0 3 - 1

This book is intended to provide a middle road between the basic student text and the heavy practitioner’s manual. It covers all aspects of insolvency, including both corporate and private bankruptcy together with the alternative routes to the insolvency process. The book aims to give not only a view of the complex legal issues met with in the field of business, but also addresses the practical alternatives open to insolvent debtors and creditors. Includes a new addendum to take into account the effects of the recent Insolvency and Enterprise Acts.

Managing Financial Resources

• 1st Edition
• September 15, 1993
• Michael Broadbent + 1 more
• English
• eBook 978-1-4831-3566-3

  9 7 8 - 1 - 4 8 3 1 - 3 5 6 6 - 3

Managing Financial Resources aims to explain the principles involved in the management of financial resources. It aims to provide practicing non-financial managers with an understanding of the terms and techniques of accountancy so they may communicate more easily with and understand financial reports issued by their more accounting-aware colleagues. The book concentrates on one type of financial information—management accountancy—but draws together concepts from systems analysis, organizational behavior, marketing, and other distinct disciplines to reflect the rich variety which is involved in the management of any limited resource within large organizations. Key topics discussed include published accounting statements; management decision-making, planning, and control; short- and long-term decision making in organizations; pricing decisions; and performance measurement and transfer pricing issues within divisionalized organizations. Each chapter includes problems and discussion topics ranging from open-ended case studies to problems with particular numerical answers. Suggested answers are offered at the back of the book.

Handbook of Singapore — Malaysian Corporate Finance

• 1st Edition
• January 1, 1970
• Tan Chwee Huat + 1 more
• English
• eBook 978-1-4831-0586-4

  9 7 8 - 1 - 4 8 3 1 - 0 5 8 6 - 4

Handbook of Singapore – Malaysian Corporate Finance discusses topics that are relevant to the acquisition of funds by Singaporean and Malaysian corporations. The book is comprised of 19 chapters that cover the domestic sources of corporate funding and various aspects of international finance. The coverage of the text includes financial institutions and markets; exchange-rate systems and policies; and the role of Singaporean and Malaysian stock exchanges. The book also deals with the taxation aspects of corporate finance; the futures market; and financing from overseas. The text will be of great use to financial managers, bankers, and professional investors who want to be more aware of the Singaporean and Malaysian corporate finance.