Capital Structure and Corporate Financing Decisions : Theory, Evidence, and Practice

Format:

Book

Author/Creator:

Baker, H. Kent.

Contributor:

Martin, Gerald S.

Series:

Robert W. Kolb Series

Robert W. Kolb Series ; v.15

Language:

English

Subjects (All):

Capital investments.

Corporations--Finance.

Corporations.

Local Subjects:

Capital investments.

Corporations--Finance.

Physical Description:

1 online resource (504 p.)

Edition:

1st ed.

Place of Publication:

Chichester : Wiley, 2011.

Language Note:

English

Summary:

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 di

Contents:

CONTENTS; Acknowledgments; 1 Capital Structure: An Overview; PART I The Elements of Capital Structure; 2 Factors Affecting Capital Structure Decisions; 3 Capital Structure and Corporate Strategy; 4 Capital Structure and Firm Risk; 5 Capital Structure and Returns; 6 Capital Structure and Compensation; 7 Worldwide Patterns in Capital Structure; PART II Capital Structure Choice; 8 Capital Structure Theories and Empirical Tests: An Overview; 9 Capital Structure Irrelevance: The Modigliani-Miller Model; 10 Trade-Off, Pecking Order, Signaling, and Market Timing Models

11 Estimating Capital Costs: Practical Implementation of Theory's Insights12 Economic, Regulatory, and Industry Effects on Capital Structure; 13 Survey Evidence on Financing Decisions and Cost of Capital; 14 Survey Evidence on Capital Structure: Non-U.S. Evidence; PART III Raising Capital; 15 The Roles of Financial Intermediaries in Raising Capital; 16 Bank Relationships and Collateralization; 17 Rating Agencies and Credit Insurance; 18 Secured Financing; 19 Sale and Leasebacks; PART IV Special Topics; 20 Financial Distress and Bankruptcy; 21 Fiduciary Responsibility and Financial Distress

22 The Lease versus Buy Decision23 Private Investment in Public Equity; 24 Financing Corporate Mergers and Acquisitions; Answers to Chapter Discussion Questions; Index

Notes:

Description based upon print version of record.

ISBN:

9786613052575

9781283052573

1283052571

9781118266250

1118266250

9781118022924

1118022920

OCLC:

773301061