Handbook of the Economics of Finance: Corporate Finance (Handbooks in Economics, Bk. 21)

Handbook of the Economics of Finance: Corporate Finance (Handbooks in Economics, Bk. 21)

Editorial Reviews
Book Description
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.

Handbook of the Economics of Finance: Corporate Finance Volume 1A,G.M. Constantinides,M. Harris,R.M. Stulz,North Holland,0444513620,Business & Economics,Business / Economics / Finance,Business/Economics,Capital assets pricing model,Corporations,Economics,Economics - General,Finance,Business & Economics / Economics / General,Corporate finance

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