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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...

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Bibliographic Details
Corporate Author: ScienceDirect (Online service)
Other Authors: Constantinides, George M., Harris, Milton, Stulz, René M.
Format: eBook
Language:English
Published: Amsterdam ; Boston : Elsevier/North-Holland, 2003.
Edition:1st ed.
Series:Handbooks in economics ; bk. 21.
Subjects:
Finance.
Economics.
Corporations > Finance.
Capital assets pricing model.
Economics
Finances.
Économie politique.
Entreprises > Finances.
Modèle d'évaluation des actifs financiers.
finance.
economics.
BUSINESS & ECONOMICS > Finance.
Capital assets pricing model
Corporations > Finance
Finance
Financieel management.
Finanças.
Economia.
Finanças das empresas.
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
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.
Physical Description:1 online resource (1 volume) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9780080495071
0080495079
ISSN:0169-7218 ;