Handbook of corporate finance Volume 1, Empirical corporate finance Volume 1, Empirical corporate finance /
This two-volume set summarizes recent research on corporate decision-making. The first volume covers measurement and theoretical subjects as well as sources of capital, including banks, public offerings, and private investors. In the second volume, contributors focus on the ways corporations are s...
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Amsterdam :
Elsevier
2007.
|
| Edición: | First edition |
| Colección: | Handbooks in finance.
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627519106719 |
Tabla de Contenidos:
- Front Cover; Handbook of Corporate Finance: Empirical Corporate Finance; Copyright Page; Contents; Introduction to the Series; Contents of the Handbook; Preface: Empirical Corporate Finance; PART 1 ECONOMETRIC ISSUES AND METHODOLOGICAL TRENDS; Chapter 1 Econometrics of Event Studies; Abstract; Keywords; 1. Introduction and background; 2. The event study literature: basic facts; 3. Characterizing event study methods; 4. Long-horizon event studies; References; Chapter 2 Self-Selection Models in Corporate Finance; Abstract; Keywords; Introduction; I. MODELING SELF-SELECTION
- 1. Self-selection: The statistical issue2. The baseline Heckman selection model; 3. Extensions; 4. Matching models and self-selection; 5. Panel data with fixed effects; 6. Bayesian self-selection models; II. EMPIRICAL APPLICATIONS; 7. Event studies; 8. The pricing of public debt offerings; 9. Other investment banking applications; 10. Diversification discount; 11. Other applications of selection models; 12. Other applications of matching methods; 13. Bayesian methods; 14. Conclusions; References; Chapter 3 Auctions in Corporate Finance; Abstract; Keywords; 1. Introduction
- 2. The most basic theory: Independent private values3. Common-value auctions; 4. Applications of auction theory to corporate finance; 5. Conclusion; References; Chapter 4 Behavioral Corporate Finance; Abstract; Keywords; 1. Introduction; 2. The irrational investors approach; 3. The irrational managers approach; 4. Conclusion; References; PART 2 BANKING, PUBLIC OFFERINGS, AND PRIVATE SOURCES OF CAPITAL; Chapter 5 Banks in Capital Markets; Abstract; Keywords; 1. Introduction; 2. Commercial banks as underwriters: Theoretical literature; 3. Empirical evidence on confiicts of interest
- 4. Empirical evidence on competition between commercial and investment banks5. International evidence; 6. The indirect role of commercial banks on capital markets; 7. Extensions; 8. Concluding remarks; References; Chapter 6 Security Offerings; Abstract; Keywords; 1. Introduction; 2. The security offering process; 3. Flotation costs; 4. The flotation method choice; 5. Security offerings and market timing; 6. Conclusions and issues for future research; References; Chapter 7 IPO Underpricing; Abstract; Keywords; 1. Introduction; 2. Evidence of underpricing; 3. Asymmetric information models
- 4. Institutional explanations5. Ownership and control; 6. Behavioral explanations; 7. Concluding remarks; References; Chapter 8 Conglomerate Firms and Internal Capital Markets; Abstract; Keywords; 1. Introduction; 2. The conglomerate discount; 3. Theory explaining the conglomerate discount and organizational form; 4. Investment decisions of conglomerate firms; 5. Conclusions: What have we learned?; References; Chapter 9 Venture Capital; Abstract; Keywords; 1. Introduction; 2. The development of the venture capital industry; 3. The venture capital investment process
- 4. Venture investing and innovation
