Handbook of the Economics of Finance: Corporate Finance Volume 1A
基本信息·出版社:North Holland ·页码:576 页 ·出版日期:2003年09月 ·ISBN:0444513620 ·条形码:9780444513625 ·装帧:精装 ·正文语种:英语 ...
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Handbook of the Economics of Finance: Corporate Finance Volume 1A |
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Handbook of the Economics of Finance: Corporate Finance Volume 1A |
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基本信息·出版社:North Holland
·页码:576 页
·出版日期:2003年09月
·ISBN:0444513620
·条形码:9780444513625
·装帧:精装
·正文语种:英语
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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.