Handbook of the economics of finance, Volume 1A: Corporate finance
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...
Main Author: | |
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Other Authors: | , |
Format: | eBook |
Language: | English |
Published: |
Amsterdam
Elsevier/North-Holland
2003
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Edition: | 1st ed |
Series: | Handbooks in economics
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Subjects: | |
Online Access: | |
Collection: | O'Reilly - Collection details see MPG.ReNa |
Summary: | 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 |
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Physical Description: | 1 volume illustrations |
ISBN: | 9780080495071 |