Ronald Gilson
corporate finance- the financial activities of corporation finance- the commercial activity of providing funds and capital gross profit,gross profit margin,margin- (finance) the net sales minus the cost of goods and services sold return on invested capital,return on investment,ROI- (corporate finance...
Why do cross-border mergers and acquisitions create total wealth that is positive in some cases and negative in others? What are the sources of the observed wealth creation or destruction? While these questions are crucial to our understanding of the market for cross-border corporate control, the...
The Art of Capital Restructuring: Creating Shareholder Value through Mergers and Acquisitions by Halil Kiymaz, H. Kent Baker CHAPTER 10 The Law and Finance of Control Premiums and Minority Discounts HELEN BOWERS Associate Professor of Finance, University of Delaware ...
Related to Corporate Acquisitions:Mergers and acquisitions ac·qui·si·tion (ăk′wĭ-zĭsh′ən) n. 1.The act of acquiring. 2.Something acquired or gained:added two new acquisitions to my library. [Middle Englishadquisicioun,attainment, from Latinacquisitiō, acquisitiōn-, fromacquisitus...
The paper builds a model with double moral hazard, where both the entrepreneur and the venture capitalist provide value-adding effort. The optimal contract gives the venture capitalist more cash flow rights in acquisitions than IPOs. This explains the use of convertible preferred equity, including ...
KP Gugler,DC Mueller,BB Yurtoglu - 《Journal of Law & Economics》 被引量: 0发表: 2004年 CORPORATE GOVERNANCE AND THE RETURNS ON INVESTMENT We analyze the impact of corporate governance institutions and ownership structures on company returns on investment by using a sample of more than 19,000...
We use the prequota cross-sectional variation in female board representation to instrument for exogenous changes to corporate boards following the quota. We find that the constraint imposed by the quota caused a significant drop in the stock price at the announcement of the law and a large ...
Over the years, scholars from several different fields, including corporate finance, transaction cost economics, and law, have challenged the famous Modigliani & Miller Irrelevance Hypothesis. Under what conditions, they have inquired, does the choice between debt and equity finance affect the firm's...
Cross-functional alignment between finance and legal is crucial to a business’s success. Many of the decisions for which the finance team is ultimately responsible – mergers, acquisitions, disclosures, and offerings – all require input fromthe legal team. These high-risk dealings require effective...