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...