جزییات کتاب
A comprehensive guide to making better capital structure and corporate financing decisions in today's dynamic business environment Given the dramatic changes that have recently occurred in the economy, the topic of capital structure and corporate financing decisions is critically important. The fact is that firms need to constantly revisit their portfolio of debt, equity, and hybrid securities to finance assets, operations, and future growth. Capital Structure and Corporate Financing Decisions provides an in-depth examination of critical capital structure topics, including discussions of basic capital structure components, key theories and practices, and practical application in an increasingly complex corporate world. Throughout, the book emphasizes how a sound capital structure simultaneously minimizes the firm's cost of capital and maximizes the value to shareholders. Offers a strategic focus that allows you to understand how financing decisions relates to a firm's overall corporate policy Consists of contributed chapters from both academics and experienced professionals, offering a variety of perspectives and a rich interplay of ideas Contains information from survey research describing actual financial practices of firms This valuable resource takes a practical approach to capital structure by discussing why various theories make sense and how firms use them to solve problems and create wealth. In the wake of the recent financial crisis, the insights found here are essential to excelling in today's volatile business environment.Content: Chapter 1 Capital Structure: An Overview (pages 1–14): H. Kent Baker and Gerald S. MartinChapter 2 Factors Affecting Capital Structure Decisions (pages 15–40): Wolfgang Bessler, Wolfgang Drobetz and Robin KazemiehChapter 3 Capital Structure and Corporate Strategy (pages 41–58): Maurizio La RoccaChapter 4 Capital Structure and Firm Risk (pages 59–73): Valentin DimitrovChapter 5 Capital Structure and Returns (pages 75–92): Yaz Gulnur Muradoglu and Sheeja SivaprasadChapter 6 Capital Structure and Compensation (pages 93–109): Alan Victor Scott DouglasChapter 7 Worldwide Patterns in Capital Structure (pages 111–126): Carmen Cotei and Joseph FarhatChapter 8 Capital Structure Theories and Empirical Tests: An Overview (pages 127–149): Stein FrydenbergChapter 9 Capital Structure Irrelevance: The Modigliani?Miller Model (pages 151–169): Sergei V. CheremushkinChapter 10 Trade?Off, Pecking Order, Signaling, and Market Timing Models (pages 171–189): Anton MigloChapter 11 Estimating Capital Costs: Practical Implementation of Theory's Insights (pages 191–210): Robert M. Conroy and Robert S. HarrisChapter 12 Economic, Regulatory, and Industry Effects on Capital Structure (pages 211–228): Paroma SanyalChapter 13 Survey Evidence on Financing Decisions and Cost of Capital (pages 229–248): Franck Bancel and Usha R. MittooChapter 14 Survey Evidence on Capital Structure: Non?U.S. Evidence (pages 249–260): Abe De Jong and Patrick VerwijmerenChapter 15 The Roles of Financial Intermediaries in Raising Capital (pages 261–280): Neal Galpin and Heungju ParkChapter 16 Bank Relationships and Collateralization (pages 281–297): Aron A. Gottesman and Gordon S. RobertsChapter 17 Rating Agencies and Credit Insurance (pages 299–317): John Patrick HuntChapter 18 Secured Financing (pages 319–334): Hugh MarbleChapter 19 Sale and Leasebacks (pages 335–350): Kyle S. WellsChapter 20 Financial Distress and Bankruptcy (pages 351–370): Kimberly J. CornaggiaChapter 21 Fiduciary Responsibility and Financial Distress (pages 371–386): Remus D. Valsan and Moin A. YahyaChapter 22 The Lease Versus Buy Decision (pages 387–400): Sris Chatterjee and An YanChapter 23 Private Investment in Public Equity (pages 401–417): William K. SjostromChapter 24 Financing Corporate Mergers and Acquisitions (pages 419–444): Wolfgang Bessler, Wolfgang Drobetz and Jan Zimmermann