Corporate Fiance
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The teaching and the practicing of corporate finance are more challenging and excitingthan ever before. The last decade has seen fundamental changes in financial markets andfinancial instruments. In the early years of the 21st century, we still see announcements inthe financial press about such matters as takeovers, junk bonds, financial restructuring, initialpublic offerings, bankruptcy, and derivatives. In addition, there is the new recognitionof “real” options (Chapters 21 and 22), private equity and venture capital (Chapter 19), andthe disappearing dividend (Chapter 18). The world’s financial markets are more integratedthan ever before. Both the theory and practice of corporate finance have been...
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Corporate Fiance
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Corporate Fiance
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