このエントリーをはてなブックマークに追加

Output this information

Link on this page

Dynamical Corporate Finance : An Equilibrium Approach / by Umberto Sagliaschi, Roberto Savona
(Contributions to Finance and Accounting. ISSN:27306046)

Publisher (Cham : Springer International Publishing : Imprint: Springer)
Year 2021
Edition 1st ed. 2021.
Authors *Sagliaschi, Umberto author
Savona, Roberto author
SpringerLink (Online service)

Hide book details.

Links to the text Library Off-campus access

OB00162275 Springer Business and Management eBooks (電子ブック) 9783030778538

Hide details.

Material Type E-Book
Media type 機械可読データファイル
Size VIII, 201 p. 1 illus : online resource
Notes Chapter 1. Introduction -- Chapter 2. The Value of the Firm and its Securities -- Chapter 3. Borrowing Constraints, Debt Dynamics and Investment Decisions -- Chapter 4. Imperfect Competition, Working Capital and Tobin’s Q -- Chapter 5. Continuous Time Models, Unsecured Debt and Commitment -- Chapter 6. Dynamic Capital Structure without Commitment -- Chapter 7. Extensions
The way in which leverage and its expected dynamics impact on firm valuation is very different from what is assumed by the traditional static capital structure framework. Recent work that allows the firm to restructure its debt over time proves to be able to explain much of the observed cross-sectional and time-series variation in leverage, while static capital structure predictions do not. The purpose of this book is to re-characterize the firm’s valuation process within a dynamical capital structure environment, by drawing on a vast body of recent and more traditional theoretical insights and empirical findings on firm evaluation, also including asset pricing literature, offering a new setting in which practitioners and researchers are provided with new tools to anticipate changes in capital structure and setting prices for firm’s debt and equity accordingly
HTTP:URL=https://doi.org/10.1007/978-3-030-77853-8
Subjects LCSH:Business enterprises—Finance
LCSH:Accounting
LCSH:Capital market
FREE:Corporate Finance
FREE:Financial Accounting
FREE:Capital Markets
Classification LCC:HG4001-4285
DC23:658.15
ID 8000076767
ISBN 9783030778538

 Similar Items