Handbook of the economics of finance. Volume 1A, Corporate finance /

• Other Authors: Constantinides, George M., Harris, Milton, Stulz, René M.
• Format: eBook
• Language: English
• Published: Amsterdam ; Boston : Elsevier/North-Holland, 2003.
• Edition: 1st ed.
• Subjects: Finance.; Economics.; Corporations > Finance.; Capital assets pricing model.; Finances.; Économie politique.; Entreprises > Finances.; BUSINESS & ECONOMICS > Finance.; Financieel management.; Finanças.; Economia.; Finanças das empresas.; Electronic books.

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 manage...

Table of Contents:

• 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).