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Books > Business & Economics > Finance & accounting > Finance > Corporate finance
One of the integral parts of determining business success directly
correlates to how well a company interacts with their customers.
This increased demand for direct communication has evolved how
companies cooperate with their patrons and examines how essential
ethics is related to these communications. Ethical Consumerism and
Comparative Studies Across Different Cultures: Emerging Research
and Opportunities provides emerging research exploring the
theoretical and practical aspects of the fundamental issues related
to ethical consumerism and applications within business, science,
engineering, and technology and examines the impact Arab and global
cultures have on consumerism. Featuring coverage on a broad range
of topics such as business ethics, data management, and global
business, this book is ideally designed for managers, executives,
advertisers, marketers, sales directors, practitioners,
researchers, academicians, and students.
This second volume of a two-part series examines three major
topics. First, it devotes five chapters to the classical issue of
capital structure choice. Second, it focuses on the
value-implications of major corporate investment and restructuring
decisions, and then concludes by surveying the role of
pay-for-performance type executive compensation contracts on
managerial incentives and risk-taking behavior.
In collaboration with the first volume, this handbook takes stock
of the main empirical findings to date across an unprecedented
spectrum of corporate finance issues. The surveys are written by
leading empirical researchers that remain active in their
respective areas of interest. With few exceptions, the writing
style makes the chapters accessible to industry practitioners. For
doctoral students and seasoned academics, the surveys offer dense
roadmaps into the empirical research landscape and provide
suggestions for future work.
* Nine original chapters summarize research advances and future
topics in the classical issues of capital structure choice,
corporate investment behavior, and firm value.
* Multinational comparisons underline the volume's empirical
perspectives
* Complements the presentation of econometric issues, banking, and
capital acquisition research covered by Volume 1
Judging by the sheer number of papers reviewed in this Handbook,
the empirical analysis of firms' financing and investment
decisions-empirical corporate finance-has become a dominant field
in financial economics. The growing interest in everything
"corporate" is fueled by a healthy combination of fundamental
theoretical developments and recent widespread access to large
transactional data bases. A less scientific-but nevertheless
important-source of inspiration is a growing awareness of the
important social implications of corporate behavior and governance.
This Handbook takes stock of the main empirical findings to date
across an unprecedented spectrum of corporate finance issues,
ranging from econometric methodology, to raising capital and
capital structure choice, and to managerial incentives and
corporate investment behavior. The surveys are written by leading
empirical researchers that remain active in their respective areas
of interest. With few exceptions, the writing style makes the
chapters accessible to industry practitioners. For doctoral
students and seasoned academics, the surveys offer dense roadmaps
into the empirical research landscape and provide suggestions for
future work.
*The Handbooks in Finance series offers a broad group of
outstanding volumes in various areas of finance
*Each individual volume in the series should present an accurate
self-contained survey of a sub-field of finance
*The series is international in scope with contributions from field
leaders the world over
You Spend It. You Save It. You Never Have Enough of It. But how
does money actually work? Understanding cash, currencies and the
financial system is vital for making sense of what is going on in
our world, especially now. Since the 2008 financial crisis, money
has rarely been out of the headlines. Central banks have launched
extraordinary policies, like quantitative easing or negative
interest rates. New means of payment, like Bitcoin and Apple Pay,
are changing how we interact with money and how governments and
corporations keep track of our spending. Radical politicians in the
US and UK are urging us to transform our financial system and make
it the servant of social justice. And yet, if you stopped for a
moment and asked yourself whether you really understand how it
works, would you honestly be able to say 'yes'? In Money in One
Lesson, Gavin Jackson, a lead writer for the Financial Times,
specialising in economics, business and public policy, answers the
most important questions to clarify for the reader what money is
and how it shapes our societies. With brilliant storytelling,
Jackson provides a basic understanding of the most important
element of our everyday lives. Drawing on stories like the 1970s
Irish Banking Strike to show what money actually is, and the Great
Inflation of West Africa's cowrie shell money to explain how it
keeps its value, Money in One Lesson demystifies the world of
finance and explains how societies, both past and present, are
forever entwined with monetary matters.
In a stock market environment dominated by professional
investors, "A Few Good Eggs in One Basket" o ers a plain-talk
approach to pro tability by selecting and managing an investment
portfolio of common stocks for an individual.
Author Richard L. Gunderson, who has been an investor for more
than forty years, outlines an enduring framework that improves the
odds for the individual investor to exceed the performance of the
market over the long term by buying good companies at bargain
prices. He outlines what constitutes a "good" company and how to
determine when a price meets the test of being a "bargain." "A Few
Good Eggs in One Basket" also helps individual investors by
discussing
what to look for; where to look; when to buy; when to sell; and
how many stocks to own.
"A Few Good Eggs in One Basket" presents a prescription designed
to take advantage of opportunities created by market overreaction
to bad news and disappointing results. Gunderson believes there are
always bargains at any time and in any market. The challenge is to
consistently apply a disciplined approach to identifying the
unusual and favorable opportunities and concentrating a portfolio
on those stocks representing the best combination of overall
quality and intrinsic value.
Business Accounting and Finance, sixth edition, offers an accessible, concise introduction to management and financial accounting for first-year year business students and those taking non-business degrees.
With a wide variety of real-life examples of well-known brands such as Amazon, Samsung and Bosch, the author introduces relevant issues for accounting such as ethics and corporate governance.
Packed with practical guidance including business scenarios and exercises, this resource will help students develop the skills they need in today's workplace.
Risk is the main source of uncertainty for investors, debtholders,
corporate managers and other stakeholders. For all these actors, it
is vital to focus on identifying and managing risk before making
decisions. The success of their businesses depends on the relevance
of their decisions and consequently, on their ability to manage and
deal with the different types of risk. Accordingly, the main
objective of this book is to promote scientific research in the
different areas of risk management, aiming at being transversal and
dealing with different aspects of risk management related to
corporate finance as well as market finance. Thus, this book should
provide useful insights for academics as well as professionals to
better understand and assess the different types of risk.
In the past, practical applications motivated the development of
mathematical theories, which then became the subject of study in
pure mathematics where abstract concepts are studied for their own
sake. The activity of applied mathematics is thus intimately
connected with research in pure mathematics, which is also referred
to as theoretical mathematics. Theoretical and Applied Mathematics
in International Business is an essential research publication that
explores the importance and implications of applied and theoretical
mathematics within international business, including areas such as
finance, general management, sales and marketing, and supply chain
management. Highlighting topics such as data mining, global
economics, and general management, this publication is ideal for
scholars, specialists, managers, corporate professionals,
researchers, and academicians.
This book examines the success story of Seng Heng Bank (SHB), the
successful acquisition of SHB by Industrial and Commercial Bank of
China (ICBC), and the continuing sound management and performance
of ICBC (Macau). It shows how a loss-making small bank grew into
one of the best banks in Macao and highlights the achievement,
awards, and recognition of SHB. The authors detail the SHB
acquisition process by ICBC, the biggest bank in the world in terms
of total assets. They identify the main contributing factors for
the success of SHB and draw conclusions and implications for bank
managers in the region and beyond. This book will be of interest to
finance professionals and business scholars.
This book presents a theoretical and empirical framework to
interpret the possible configurations of the integration between
performance management and risk management systems as part of
management control systems. The book provides an overview of the
development paths of these three systems, outlining the evolution
and the current development of these disciplines, highlighting
emerging issues and providing some original considerations. The
author uses both an inductive and deductive approach in shaping the
proposed framework, and includes the perspective of practitioners
and academics on the topic. Based on a multiple case study in
listed companies and a survey administered to small and medium
enterprises, this book provides readers with valuable insights to
adapt the proposed framework in different business contexts.
Traditional financial markets are the most important lever of
social and economic impact that can effectively regulate markets,
industries, national economies, and international economic
interactions, and form global and deeply integrated economic
systems. Due to the global spread of financial instability and
waves of financial crises, the problems of researching effective
financial instruments to ensure national competitiveness becomes
highly significant. Global Trends of Modernization in Budgeting and
Finance is a pivotal reference source that provides vital research
on the impacts of financial globalization in the context of
economic digitalization and national financial markets. While
highlighting topics such as entrepreneurship, international
business, and socio-economic development, this publication explores
modern conditions of rapid technological progress and financial
market integration, as well as the methods of increasing regional
intergovernmental organization efficiency. This book is ideally
designed for policymakers, financial analysts, researchers,
academicians, graduate-level students, business professionals,
entrepreneurs, scholars, and managers seeking current research on
new challenges and developments in national financial markets.
This book offers new insights and perspectives on the financial and
banking sector in Europe with a special focus on Central and
Southeastern European countries. Through quantitative and
qualitative analysis of primary sources and datasets, the book
examines both the financial development and performance of the real
sector of the economy and the impact and involvement of the banking
sector. The contributions offer new insights into current financial
innovations and discuss best practices in innovative financial
solutions. They also highlight new perspectives in finance and
analyze characteristic problems in the real and banking sectors in
various European countries. The insights and financial solutions
presented in this book will be of interest to scholars of finance
and financial economics as well as practitioners in the financial
industry and policy makers.
The pursuit of the financial proceeds of criminal activity has
become a central theme of contemporary crime control. Initially
conceived to tackle the global trade in illegal drugs, these
methods have been more recently employed in the context of
terrorism. This work offers a judicious account of the national and
international strategies which seek to cope with crime by attacking
its financial underpinnings. The book focuses on the increasingly
civil legal orientation of these strategies - a sea change from
criminal prosecutions to civil legal instruments. The author
focuses on developments of the civil strategy in the US and the UK
beginning with its historical origins. The work reveals the
contradictions that animate the civil approach to criminal finance
and discloses the failure of civil devices, as presently
constituted, to comply with rights. It bridges the gap between two
jurisdictions prominent in this area; the United States and the
United Kingdom. This comparative element distinguishes the project
from other work in the field that focuses on a single jurisdiction.
Critical in its perspective, the work brings balance and reflection
to an emergent area of national and international interest. Money
Laundering and the Proceeds of Crime analyzes rather than merely
describes the proceeds of crime laws, anti-money laundering regimes
and the civil legal approach to criminal finance and as such will
have a wide readership. The book will appeal to, amongst others,
government actors involved in constructing instruments to confront
criminal finance, scholars and researchers working in the area and
banks, financial institutions, lawyers and other professional
private actors charged with anti-money laundering functions.
This book explores for the first time the world of micro-finance,
Chinese startups, and the digitalization of the Chinese economy.
Through the cases such as the Ant Financial Services Group, CFPA
Microfinance, micro-financial projects of China Minsheng Bank,
Meixing in Nanchong, and more, this book introduces the practical
exploration in the recent years from the perspectives of
microfinance, financing of small and medium sized enterprises,
digital inclusive finance, and credit. From the perspective of
management, it especially integrates an enterprise's task, vision,
and value into the design of organization process, deeply explores
how to realized the double bottom lines of social and financial
performances, manifests how microfinance's marginal cost is reduced
by digital finance such as data, internet, cloud computing,
artificial intelligence and the advantages of digital finance in
providing convenient, low-cost, and touchable service, and
discusses its huge technological bonus to small-amount,
decentralized, and large-quantity microfinance. This book will be
of value to journalists, economists and researchers.
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