CorporateFinanceandtheLifeCycleoftheFirm 公司金融与企业生命周期 StewartC.Myers ChinaInternationalConferenceinFinanceJuly8,2004 2004中国金融国际年会2004年7月8日 CorporateFinanceandtheLifeCycleofthe Firm公司金融与企业生命周期 •Functionsoffinancialmarketsandinstitutions•金融市场与金融机构的功能 –Corporate...
Behavioral Corporate FinanceCEO Careerscorporate governanceFinancinginvestmentManagerial Biasesmergers and acquisitionsOrganizational economicsOne of the fastest-growing areas of finance research is the study of managerial biases and their implications for firm outcomes. Since the mid-2000s, this stranGuenzel, ...
firm commitment underwriting: 即公司会把所有新发股权尽数出售给承销商,承销商进行二次销售,承销商收入是spread, firm commitment underwriting是最常见的新发股权销售模式。 如果承销商没办法销售所有新发股权,便需要进行降价销售,不难发现在firm commitment underwriting模式下,承销商承担了所有滞销风险。 因为市场对公司...
manager holding stocks is helpful to cut down corporate underinvestment trough corporate life cycle,while duality variable at growth stage and independent director at maturity stage exaggerate underinvestment,but the other variables of corporate governance have any impact.These results inspire us to ...
(1) adescribe how a company’s capital structure may change over its life cycle; (2) explain the Modigliani – Miller propositions regardingcapital structure; (3) describe the use of target capital structure in estimating WACC, and calculate and interpret target capital structure weights; ...
2015. Governance and the corporate life-cycle. International Journal of Managerial Finance 11(1): 23-43.O'Connor, T., & Byrne, J. (2015). Governance and the Corporate Life-Cycle. International Journal of Managerial Finance, 11(1), 23-43, https://doi.org/10.1108/IJMF-03-2013-0033...
The Corporate Life Cycle的创作者 ··· 阿斯沃斯·达摩达兰 作者 作者简介 ··· Known as “the Dean of Valuation,” Aswath Damodaran is a Professor of Finance at the Stern School of Business at New York University where he teaches corporate finance and equity valuation. He has published...
takeoversfinancial distresslife cycleAlthough growth opportunities fade and profitability declines as firms mature, older firms are no more likely to be ... C Loderer,U Waelchli - 《Review of Finance》 被引量: 10发表: 2013年 Target status and bidders' gains The vast majority of the world's...
SME financing: A life cycle approach The means of finance employed for positive net present value (NPV) projects has important implications for the firm. The cumulative effect of these discrete financing decisions results in the capital structure of the firm, composition of... CMA Bhaird - Physi...
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