1.

Record Nr.

UNINA9910682550203321

Autore

Zhang Guobing

Titolo

Corporate Finance: A Systematic Approach / / by Kuo-Ping Chang

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Springer, , 2023

ISBN

9789811991196

9789811991189

Edizione

[1st ed. 2023.]

Descrizione fisica

1 online resource (210 pages)

Collana

Springer Texts in Business and Economics, , 2192-4341

Disciplina

658.15

Soggetti

Business enterprises - Finance

Economics - Psychological aspects

Consolidation and merger of corporations

Accounting

Capital market

Financial risk management

Corporate Finance

Behavioral Finance

Mergers and Acquisitions

Financial Accounting

Capital Markets

Risk Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction -- Basic Concepts of Valuation -- The Ownership and Objectives of the Firm -- Financial Statements and Financial Ratios -- Opportunity Cost and Investment Criteria -- Internal Rate of Return, Profitability Index and Payback Period Methods -- Risk and Return -- Capital Structure in a Perfect Market -- Derivatives and Corporate Finance -- Behavioral Finance and Efficient Markets -- Capital Structure in an Imperfect Market -- Payout Policy -- Merges and Acquisitions -- Corporate Governance.

Sommario/riassunto

This textbook takes on a systematic approach to elaborating on the different subjects within corporate finance. The chapters bring together existing concepts with examples and stories that allow students to



easily understand and apply financial tools. In doing so, the book strives to clarify misconceptions in the literature on topics related to firm’s ownership and control, problems of the Modigliani-Miller first and second propositions, relationship between options and corporate finance, behavioral finance versus corporate finance, etc. The book takes into consideration the growing importance of the Asian economy and financial markets in recent years, and constructs the P-index to measure and compare the risk structures of US and China’s stocks and stock indexes. This book is a primary text written for the introductory courses in corporate finance at the M.B.A. level and for the intermediate courses in undergraduate programs, but can also be of great use to Ph.D. students as well as professionals.