Handbook of the Economics of Finance: Corporate Finance Volume 1a (Hardcover) (ISBN-13: 9780444513625)

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.

Author: George M. Constantinides
ISBN-10: 0444513620
ISBN-13: 9780444513625
Publisher: North-Holland
Language: English
Published: 11/01/2003
Pages: 654
Format: Hardcover
Weight: 2.88lbs
Size: 9.47h x 6.87w x 1.21d