Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 680
Book Description
Financier
Author: The Financier
Author: Capital Investment & Financing
Author: Chris f AgarPublisher: Elsevier
ISBN: 0080476384
Category : Business & Economics
Languages : en
Pages : 444
Book Description
The requirement to maximise value for shareholders is at the core of any corporate investment or financing decision. The intrinsic value of proposed investments should be assessed before deciding how much capital to allocate; the benefits and risks associated with each available source of finance should be considered when capital is being raised; and capital, and any associated financial risks, should be managed in a way that continues to maximise value. At every stage, an analysis should be carried out to ensure the decision is optimal for shareholders and other capital providers.This book provides practical guidance on the application of financial evaluation techniques and methods (mainly covered in Appendices), as well as comprehensive coverage of traditional corporate finance topics, discussed in the context of capital investment, raising and management and financial risk management (using derivatives). Models, formulae and other quantitative techniques are illustrated in over 100 examples (using only basic mathematics). Topics discussed include the following:* business appraisal using financial ratios* corporate valuation (mainly discounted cash flow and real options)*investment appraisal techniques* acquisition structuring and evaluation* the nature of loans and loan agreements* features and pricing of bonds (straight and convertible)* leasing (including leveraged leasing)* equity raising (Initial Public Offerings)* long and short term capital management* basic pricing of derivatives (forwards, futures, options, swaps)* interest rate and currency risk management using derivativesCapital Investment & Financing provides a comprehensive, in-depth coverage of concepts, methods and techniques involved when evaluating acquisitions and other investments, assessing financing opportunities, and managing capital. The core chapters provide practical guidance on key corporate finance topics; the Appendices contain more quantitative material, focusing on pricing techniques. Examples are used throughout, and an integrated case study (fictional) in the final Appendix uses many of the techniques discussed. *Discusses all key areas of corporate investing and financing, focusing on key financial issues *Concise, thorough and technical, it enables to reader to acquire knowledge effectively *Can be used in everyday analysis and decision making
Capital Rules
Author: Rawi AbdelalPublisher: Harvard University Press
ISBN: 0674261305
Category : Business & Economics
Languages : en
Pages : 332
Book Description
Listen to a short interview with Rawi AbdelalHost: Chris Gondek | Producer: Heron & Crane The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy. In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s--trading foreign stocks and bonds, borrowing in foreign currencies--had been illegal in many countries only decades, and sometimes just a year or two, earlier. How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, "managed" globalization. This contest over the character of globalization continues today.
Los Angeles Financier
Author: Capital financier
Author: Fouad SabryPublisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : fr
Pages : 372
Book Description
Qu'est-ce que le capital financier Le capital financier est toute ressource économique mesurée en termes d'argent utilisé par les entrepreneurs et les entreprises pour acheter ce dont ils ont besoin pour fabriquer leurs produits ou pour fournir leurs services. services au secteur de l’économie sur lequel repose leur fonctionnement. En d'autres termes, le capital financier est constitué des bénéfices internes non répartis générés par l'entité ou des fonds fournis par les prêteurs aux entreprises afin d'acheter des biens d'équipement ou des services réels pour produire de nouveaux biens ou services. Comment vous allez avantage (I) Informations et validations sur les sujets suivants : Chapitre 1 : Capital financier Chapitre 2 : Marché financier Chapitre 3 : Sécurité (finance) Chapitre 4 : Capitaux propres (finance) Chapitre 5 : Bilan Chapitre 6 : Taux d'intérêt Chapitre 7 : Débenture Chapitre 8 : Marché monétaire Chapitre 9 : Obligation convertible Chapitre 10 : Actions privilégiées Chapitre 11 : Titres à revenu fixe Chapitre 12 : Coût du capital Chapitre 13 : Fiducie d'investissement Chapitre 14 : Structure du capital Chapitre 15 : Valeur d'entreprise Chapitre 16 : Exigence de capital Chapitre 17 : Marché des valeurs mobilières Chapitre 18 : Arbitrage sur titres à revenu fixe Chapitre 19 : Capital humain Chapitre 20 : Stock Chapitre 21 : Finance d'entreprise (II) Répondre aux principales questions du public sur le capital financier. (III) Exemples concrets d'utilisation du capital financier dans de nombreux domaines. À qui s'adresse ce livre Professionnels, Les étudiants de premier cycle et des cycles supérieurs, les passionnés, les amateurs et ceux qui souhaitent aller au-delà des connaissances ou des informations de base pour tout type de capital financier.
The Art of Capital Restructuring
Author: H. Kent BakerPublisher: John Wiley & Sons
ISBN: 1118030354
Category : Business & Economics
Languages : en
Pages : 612
Book Description
The most up-to-date guide on making the right capital restructuring moves The Art of Capital Restructuring provides a fresh look at the current state of mergers, acquisitions, and corporate restructuring around the world. The dynamic nature of M&As requires an evolving understanding of the field, and this book considers several different forms of physical restructuring such as divestitures as well as financial restructuring, which refers to alterations in the capital structure of the firm. The Art of Capital Restructuring not only explains the financial aspects of these transactions but also examines legal, regulatory, tax, ethical, social, and behavioral considerations. In addition to this timely information, coverage also includes discussion of basic concepts, motives, strategies, and techniques as well as their application to increasingly complex, real-world situations. Emphasizes best practices that lead to M&A success Contains important and relevant research studies based on recent developments in the field Comprised of contributed chapters from both experienced professionals and academics, offering a variety of perspectives and a rich interplay of ideas Skillfully blending theory with practice, this book will put you in a better position to make the right decisions with regard to capital restructuring in today's dynamic business world.
Real Options in Capital Investment
Author: Lenos TrigeorgisPublisher: Bloomsbury Publishing USA
ISBN: 0313020825
Category : Business & Economics
Languages : en
Pages : 382
Book Description
This compilation integrates various new contributions to the growing real options literature. Recent developments in the valuation of capital investment opportunities seen as real options (e.g. to defer, expand, abandon, or switch) have provided the tools and unlocked the possibilities to revolutionize the field of capital budgeting. The resulting insights, strategies, and techniques enable quantifying the thus far elusive elements of managerial operating flexibility and strategic interactions. These are vital to successfully capitalize on favorable future investment opportunities or limit losses from adverse market developments. This book presents various models and operating strategies, and a variety of applications ranging from acquisitions and divestitures, to natural resource development and pollution compliance. It is intended for both the academic and the professional market. The book's contributions are divided into five parts, covering sections on real options and alternative valuation paradigms for capital investment analysis; on the analysis of general exchange or switching options, and interdependencies among multiple such options; on strategic acquisitions, infrastructure, and foreign investment options; on mean reversion/ alternative formulations in natural resource investments, shipping, and start-up ventures; and on other applications in pollution compliance, land development, flexible manufacturing, and financial default options. Both academic and practitioner interest in these developments is unusually high. The book can serve as supplementary material for the academic market, e.g., in advanced finance courses in option pricing or capital budgeting, in doctoral seminars, and as a library resource. It may also be of interest to the professional market (e.g. corporate planners and finance executives in the oil, pharmaceutical, auto and a variety of other industries), academics from related areas (e.g. decision analysts or economists), as well as to international readers (academics, doctoral students, and professionals).
Author: Publisher: Food & Agriculture Org.
ISBN: 9251388776
Category :
Languages : en
Pages : 132
Book Description
Finance
Author: Frank J. FabozziPublisher: John Wiley & Sons
ISBN: 0470407352
Category : Business & Economics
Languages : en
Pages : 832
Book Description
FINANCE Financial managers and investment professionals need a solid foundation in finance principles and applications in order to make the best decisions in today's ever-changing financial world. Written by the experienced author team of Frank Fabozzi and Pamela Peterson Drake, Finance examines the essential elements of this discipline and makes them understandable to a wide array of individuals, from seasoned professionals looking to fine-tune their financial skills to newcomers seeking genuine guidance through the dynamic world of finance. Divided into four comprehensive parts, this reliable resource opens with an informative introduction to the basic tools of investing and financing decision-making—financial mathematics and financial analysis (Part I). From here, you'll become familiar with the fundamentals of capital market theory, including financial markets, financial intermediaries, and regulators of financial activities (Part II). You'll also gain a better understanding of interest rates, bond and stock valuation, asset pricing theory, and derivative instruments in this section. Part III moves on to detail decision-making within a business enterprise. Topics touched upon here include capital budgeting—that is, whether or not to invest in specific long-lived projects—and capital structure. Management of current assets and risk management are also addressed. By covering the basics of investment decision-making, Part IV skillfully wraps up this accessible overview of finance. Beginning with the determination of an investment objective, this part proceeds to demonstrate portfolio theory and performance evaluation, and also takes the time to outline techniques for managing equity and bond portfolios as well as discuss the best ways to use derivatives in the portfolio management process. Filled with in-depth insights and practical advice, Finance puts this field in perspective. And while a lot of ground is covered in this book, this information will help you appreciate and understand the complex financial issues that today's companies and investors constantly face.