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 successContains important and relevant research studies based on recent developments in the fieldComprised 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.

The main objective of this work is to provide a book with high quality content that becomes a reference and support for graduate course (Mental Health, Public Health and Epidemiology) and for research in the domain of health economics applied to mental health. Also this book might be useful for policymakers on formulating mental health policies. Key messages of this book are based on: a) mental illness represent a huge cost for society and for health care; b) health economics applied to mental health could help in the optimization of resource allocation for mental health care and for better decision making in terms of balancing costs and benefits; c) interventions and treatment should be also chosen in general medical practice and in public decision-policy according to cost-effectiveness, burden of disease and equity principles; d) quality of care is related with better outcomes, higher quality of life for clients, and with lower costs for society and health system (best value for money); e) it is possible to decrease the burden of mental disorders with cost-effective treatments. The book is divided in four main topics: 1. Introduction to Health Economics applied to Mental Health - this section is an overview of basic principles, concepts and methods used in Economics and Health Economics to enable students to make critical appraisal of Health Economics texts and also to design research studies in this topic. 2. Health Economics applied to the evaluation of quality and costs of Mental Health Services - this section presents results of Brazilian studies on the costs of mental health care (hospital, outpatient care, residential care, informal care), methods on the measurement of costs and it discusses issues related with public policies decisions and quality of mental health car in the low and middle income countries context. There is also an overview of quality indicators of mental health care and instruments to evaluate mental health services and costs.3. Health Economics applied to evaluate treatment of mental disorders - This section presents a review of cost-effectiveness of pharmacological treatments and other interventions applied for treating the most burdensome mental disorders such as depressive and anxiety disorders, bipolar disorders, psychosis, alcohol and drug disorders, dementia, and hyper attention deficit disorders. 4. Health Economics, burden and indirect costs of mental disorders - This section highlights the social and economic burden caused by mental illness under societal perspective focusing on stigma, unemployment, indirect costs in the workplace (absenteeism and presenteeism), the relationship between poverty and mental disorders, global health and social determinants of mental health and on the costs of mental disorders (depression, anxiety, psychosis, alcohol and drug disorders). We present some instruments to measure indirect costs of mental disorders.

Money. Debt. Interest rates. Bankruptcy. Billionaires. Students may understand that money makes the world go 'round, but most are a little shaky when it comes to explaining how and why. Using an A-Z format and containing over 400 entries, this reference book provides an essential foundation of business and economic knowledge for middle-school, high-school, and community college students. Short features scattered throughout the text add interest and fun, while helping students understand how economics affects their daily lives. Best, the entries are written in a style ideal for students just beginning to learn how economies work and function. Teenagers spend over $100 billion annually in the U.S. and influence everything from clothing styles to music and movies to food and cell phones. Money for Minors will help them understand how their daily decisions have a huge impact on the economy. Special features will enable budding moguls to understand how they can become entrepreneurs and create economic value in various ways, evaluate offers from banks and credit card companies, read the business section of the newspaper, understand the importance of various government statistics, and more. And the book will not just prepare students for the higher-level economics courses they will take in high school and college--it will be a terrific guide for anyone doing research on everything from the Great Depression to credit card debt to real estate to inflation. Over 400 clearly written definitions will help students understand the essential concepts of economics and finance. In addition: -Short sidebars scattered throughout the text help students understand how economics affects their daily lives.Topics include reading stock quotes, icon economists like Alan Greenspan, monetary trivia, cool econ and monetary Websites, and the basics of entrepreneurship. -Six mini-lessons provide real-life applications of how the economy functions. Topics include The Federal Reserve System, Gross Domestic Product, Government Spending and Taxation, National Debt, Money, and The Business Cycle. Used as a stand-alone reference or in conjunction with an economics textbook, the definitions in the book will help students learn the language of economics--and help them understand the ways in which individuals, businesses, and government work together to form our $13 trillion economy.

Joint Industrial Councils: Inception, Adoption, and Utilization, 1917-1939 is a study of how a WWI proposal for "permanent improvement" in labor-management relations came about, why the target industries ignored it, and how it found a purpose in the second-tier industries, for which it was not originally intended. The press, social reformers, academics, and various business interests touted JICs as the beginning of worker control of industry, while skilled trade unions saw them as a plot to harm workers' interests. Their eventual modest use was directed to needs within individual industrial enterprises and not to more global missions, such as the remaking of British industry in general. But successful JICs undertook serious issues that management and unions needed to address, such as wage rates, retirement plans for workers, and safety-related concerns. Moreover, the level of labor-management understanding in JIC industries improved to the point that these industries suffered no strikes in the inter-war period; the conditions of employment for the workers improved; and productivity increased.

This book focuses on Renewable Energy (RE) governance - the institutions, plans, policies and stakeholders that are involved in RE implementation - and the complexities and challenges associated with this much discussed energy area. Whilst RE technologies have advanced and become cheaper, governance schemes rarely support those technologies in an efficient and cost-effective way. To illustrate the problem, global case-studies delicately demonstrate successes and failures of renewable energy governance. RE here is considered from a number of perspectives: as a regional geopolitical agent, as a tool to meet national RE targets and as a promoter of local development. The book considers daring insights on RE transitions, governmental policies as well as financial tools, such as Feed-in-Tariffs; along with their inefficiencies and costs. This comprehensive probing of RE concludes with a treatment of what we call the "Mega-What" question - who is benefitting the most from RE and how society can get the best deal? After reading this book, the reader will have been in contact with all aspects of RE governance and be closer to the pulse of RE mechanisms. The reader should also be able to contribute more critically to the dialogue about RE rather than just reinforce the well-worn adage that "RE is a good thing to happen".

This book focuses on Indian manufacturing industries and analyses the impact of inward foreign direct investment on the domestic sector on the one hand, and exports and outward foreign direct investment by Indian companies on the other. Although the emphasis is mostly general, specific industries, such as the automotive industry or the wind energy sector are also explored. The differences between low and high technology industries are also addressed. In terms of theoretical setting and analysis, the book draws both from international business and industrial organization literature. The various characteristics of Indian industries, such as the determinants and impacts of R&D, the effects of spillovers, the drivers of productivity and technical efficiency are thoroughly researched employing appropriate quantitative methodologies that are relevant to the specific domain and topic under investigation. The book also focuses on the bearing of policy on promoting manufacturing industries in India and is therefore of interest to researchers, industrialists and policy makers alike.

The strategies outlined in this book have helped small business owners establish proven sales strategies and more business profits! Follow the advice and easy to implement action steps and you too will benefit by making more money with your small business.

This painstakingly-researched book examines liberal predictions of the last generation to see what those predictions show about this important element of American political thought. The predictions do not fare well, for reasons that reveal crucial aspects of the thinking behind them. Writers forecast everything from the end of capitalism to twenty more Vietnams; some of the same people who now predict global warming were, in the 1970s, predicting global cooling; and many people expected the fall of the Shah would bring in an era of democracy in Iran. Academic researchers will find the book a unique examination of political theory; conservative readers will find it full of humorous debating points; and even liberals will be led to wonder what went wrong.

The introduction of new technology and technological services worldwide has ushered in a new wave of peer-to-peer and access-driven companies that are disrupting the most established business categories. The emergence of these new business models has upset the flow in contemporary society and transformed people's behavior towards sharing-based economies. Companies and entrepreneurs can see this significant change in people's behavior as both an opportunity and a threat. Sharing Economy and the Impact of Collaborative Consumption provides emerging research on the impact that the sharing services are having on society as well as the importance of the sharing economy development in the coming years, dealing with relevant issues such as regulations, the technological aspects involved in these platforms, the impact in the tourism sector, and consumer behavior in relation to these services. Multidisciplinary in nature, this publication establishes links between economics, finance, marketing, consumer behavior, and IT, and covers topics that include e-commerce, consumer behavior, and peer economy. It is ideally designed for researchers, students, business professionals, and entrepreneurs seeking current research on the impact that this industry has on various economic, marketing, and societal aspects of different countries.

This book provides an overview of perspectives and approaches to the cultural meaning of sport volunteering in different countries. The main objective is to reflect on the diversity of meanings with regard to volunteering in different cultures and societies. Additionally, this book will shed light on volunteering practices and the impact of volunteering from both an economic and a sociological perspective. The book begins with an introductory section that gives an overview of the rationale of the text and the diversity of sport volunteers in general. From there, the book's 25 chapters each discuss a specific country case study provided by researchers from the respective country. These studies provide a comprehensive overview of volunteering in each country, such as motivations of volunteers, satisfaction of volunteers, their perceived cost and benefits, and many other areas related to the overall study. By having twenty-five different countries represented and a native of each country authoring the respective chapters, this book serves as a comprehensive and diverse review of sports volunteering around the world and can be incorporated into courses in economics - particularly those dealing with sports economics - and can also be used as a reference for volunteer organizations and sports economists worldwide.

This is the fifth edition of this handbook, which presents statistical data concerning the foreign economic relations of the European member countries of the Council for Mutual Economic Assistance (CMEA): Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Poland, Romania, and the USSR. It also includes information on Yugoslavia. The handbook provides facts and figures on international trade flows, and on turnover in selected trade commodities between the supranational trading groups such as OECD, EEC, EFTA, and CMEA, and between CMEA members. It also provides information on international indebtedness.

The reference commences with comprehensive indicators of CMEA countries' foreign trade; then presents data from official publications of the CMEA countries and Yugoslavia. (Bulgaria, the German Democratic Republic, Romania, and the USSR do not report their trade by commodity group; this information can be obtained to some extent from the other sorces listed in parts II and III.) Part III is based on Western statistical sources. It details East-West trade, trade of the industrialized West, and trade of eight individual industrialized countries with the individual COMECON countries, all broken fown by SITC commodity groups. Part III is based solely on UN statistics. The final part of the handbook is devoted to currency, balance of payments, and indebtedness. Some of the official exchange rate quotations and balance of payments data is from national publications of Hungary, Poland, Romania, and Yugoslavia; the remainder of the information consists of estimates by Western scholars and institutions. Much of the information presented here is not readily available, as many of the sources are published only in the languages of the COMECON countries. Combined with the data published by Western sources, this results in a well-rounded and up-to-date picture of current affairs. The register of soures lists 50 titles, including statistical yearbooks and periodicals from CMEA and Western countries and international organizations. A detailed list of tables and an alphabetical index will facilitate easy access to information. This guide will be an important reference for individuals in corporations and academia who are involved with international trade, particularly in the area of Eastern Europe.

An emerging area of study in today's society is the increasing number of crowdfunding platforms across the world. Crowdfunding plays an integral role in global economic development as they are continuing to multiply throughout various professional disciplines. Empirical research is needed that covers the recent growth of crowdfunding projects and assists researchers and experts in providing knowledge on the economic impact of this trend. Multidisciplinary Approaches to Crowdfunding Platforms is a pivotal reference source that provides vital research on the emerging programs of crowdfunding in the global digital economy and its numerous applications in professional industries. While highlighting topics such as digital entrepreneurship, business intelligence, and e-commerce, this publication explores the latest findings as well as the risks and limitations of crowdfunding. This book is ideally designed for researchers, managers, practitioners, economists, academicians, instructors, sociologists, developers, consultants, policymakers, and students seeking developing research on crowdfunding platforms and the latest trends in various disciplines.

Monetary incentives, as a driving force for human behavior, are the main theme of this book. The primary goals underlying the application of monetary incentive systems in companies are motivating employees to strive for superior productivity in line with the interests of employers, and hiring adequately skilled employees. The first goal refers to incentive effects, the latter to sorting effects. This book introduces important theories and concepts concerning behavior under influence of monetary incentives; it reviews existing economic frameworks and identifies specific contingency variables. Based on an integrative framework of elements influencing incentive and sorting effects, a laboratory experiment is presented including detailed methodological discussion on experimentation and data analysis as well as an extensive presentation of findings and discussion of implications.

An investigation of American technical missions in foreign lands.

1 Einleitung.- 1.1 Problemstellung.- 1.2 Vorgehensweise.- 2 Handelspolitische Konzepte und Umweltpolitik.- 2.1 Freihandel und Handelsliberalisierung.- 2.1.1 Smith, Ricardo und die Natur.- 2.1.2 Marktversagen und naturliche Ressourcen.- 2.1.3 OEkonomische Loesungen bei Marktversagen mit negativen Umweltauswirkungen.- 2.1.4 Die oekologische Kritik am neoliberalen Ansatz des Umweltschutzes.- 2.1.5 Konstanter Rohstoffverbrauch.- 2.2 Entwicklung der Umweltoekonomie nach oekologischer Kritik.- 2.2.1 Neue Impulse durch die OEkologische Umweltoekonomie.- 2.2.2 Der Mainstream der Umweltoekonomie.- 2.3 Zusammenfassung.- 3 Handel, Umweltschutz und zwischenstaatliche Beziehungen.- 3.1 Handelspolitische Effekte auf die Umweltpolitik.- 3.1.1 Produkteffekte.- 3.1.2 Skaleneffekte.- 3.1.3 Struktureffekte.- 3.2 Auswirkungen der Umweltpolitik auf internationalen Handel.- 3.2.1 Umweltpolitische Instrumente.- 3.2.2 Politisch relevante Effekte umweltpolitischer Instrumente.- 3.3 Empirische Beobachtungen.- 3.3.1 Negative Auswirkungen.- 3.3.2 Positive Effekte.- 3.3.3 Umweltpolitische Handlungsmoeglichkeiten.- 3.4 Bewertung.- 3.4.1 Effekte des internationalen Handels auf internationale Umweltpolitik.- 3.4.2 Internationale Umweltschutzabkommen.- 3.5 Konflikte zwischen Entwicklungs- und Industrielandern.- 3.5.1 Positionen des Sudens im Querschnittsbereich von Handels- und Umweltpolitik.- 3.5.2 "Gruner Protektionismus" und "OEkoimperialismus".- 3.6 Fazit.- 4 Umweltschutz im GATT/WTO-System.- 4.1 Die Entwicklung des Welthandelssystems und die Integration von Umweltschutz.- 4.1.1 Vom GATT zur WTO.- 4.1.2 Grundprinzipien.- 4.1.3 Ausnahmen und institutionelle Probleme.- 4.1.4 Multilaterale Handelsrunden.- 4.1.5 Wichtige Weichenstellungen.- 4.1.6 Die WTO.- 4.2 Die WTO und Umweltschutz.- 4.2.1 Institutionelle Entwicklungen.- 4.2.1 Die Konferenz von Seattle und moegliche Folgen.- 4.2.2 Grunde fur das "Scheitern" und Blick in die Zukunft.- 4.3 Streitschlichtungsverfahren aufgrund umweltpolitischer Handelsmassnahmen.- 4.3.1 Entwicklung im GATT.- 4.3.2 Streitschlichtung in der WTO.- 4.3.3 Streitschlichtung bei umweltpolitischen Handelsmassnahmen.- 4.4 Eine vorlaufige Analyse der Schlichtungsverfahren.- 4.4.1 Internationale Umweltschutzabkommen.- 4.4.2 Produktions- und Prozessmethoden.- 4.4.3 ArtikelXX-Praambel.- 4.4.4 Artikel XX (b).- 4.4.5 Artikel XX (g).- 4.5 Das Komitee fur Handel und Umwelt.- 4.5.1 Institutionelle Entwicklung.- 4.5.2 Das CTE in der WTO.- 4.5.3 Das CTE-Arbeitsprogramm.- 4.5.4 Aktueller Diskussionsstand.- 4.5.5 OEffentliche Kritik.- 4.6 Implikationen.- 4.6.1 Die Suche nach dem Ausgleich.- 4.6.2 Implikationen der Streitfalle.- 4.6.3 Politoekonomische Zusammenhange.- 4.6.4 Grenzen der Abwagung.- 5 Die EU, Umweltschutz und Handelspolitik.- 5.1 Umweltpolitik im Binnenmarkt.- 5.1.1 Die Entwicklung der Umweltpolitik in der EU.- 5.1.2 Die Rechtsgrundlagen europaischer Umweltpolitik.- 5.1.3 Umweltpolitik und politische Integration.- 5.1.4 Kritik und Unzulanglichkeiten europaischer Umweltpolitik.- 5.1.5 Der Europaische Gerichtshof und umweltpolitische Handelsmassnahmen.- 5.2 Die internationale Dimension europaischer Umweltpolitik.- 5.2.1 Die Entwicklung internationaler Umweltpolitik der Gemeinschaft.- 5.2.2 Die EU als Akteur.- 5.2.3 Das 5. Umweltaktionsprogramm - "Hin zu Nachhaltigkeit".- 5.3 Die internationale Handelspolitik der Gemeinschaft.- 5.3.1 Die Position der Gemeinschaft im Welthandel.- 5.3.2 Die Rechtsgrundlagen.- 5.3.3 Handelspolitische Instrumente.- 5.3.4 Allgemeine Aspekte der gemeinschaftlichen Handelspolitik.- 5.4 Die Gemeinschaft und die Wechselwirkungen zwischen Umweltschutz und Handel.- 5.4.1 Die programmatische Diskussion uber Handel und Umwelt in der Gemeinschaft.- 5.4.2 Umweltpolitische Handelsmassnahmen der Gemeinschaft.- 5.4.3 Schlussfolgerungen.- 6 Schlussbetrachtung.- 6.1 Handelspolitische und umweltpolitische Konzepte.- 6.2 Die Wechselwirkungen in den zwischenstaatlichen Beziehungen.- 6.3 Die WTO und di

This book examines the modules/elements required before implementing knowledge management solutions in typical manufacturing and service industry. The objective is to develop a framework, design and model suitable for all requirements and a strategy to properly implement. Related case studies from organizations are included, with the results provided to use as a solution to problems experienced when implementing knowledge management in the industry. Implementing a knowledge management system can be complex and dynamic, no matter how well planned and developed. Inevitably a degree of organizational inertia is focused on the current state rather than the new. Within an enterprise, personal and group involvement and interests process status and technology landscape can deflect the commitment needed to successfully implement such a system. Cumulative evidence from past research in knowledge management suggests that effective implementation of KM solution in any organization requires a robust designs and models for various critical elements of process, people and technology. Using the techniques provided in this book, readers should be able to design knowledge management strategies, to align objectives of the KM initiatives with their business goals.

The development of physical productive forces is not cyclical, but we have a macroeconomic system that follows boom-and-bust cycles. If the development of physical productive power behaves in a boom-and-bust cyclical pattern, we have to tolerate the boom-and-bust cycle of macroeconomic output and the system as a whole. But if the progress of the physical productive power or the potential of the increment of physical productive power is progressive, it is not necessary to tolerate the cyclical behavior of the macroeconomic system. This does not mean that the business cycles of microeconomic system (which correspond to the performance of individual enterprises) should not be tolerated; instead, such cyclical behavior is necessary to ensure business efficiency that is based on consumer preferences. Businesses should be allowed to fail and new businesses should be allowed to emerge based on efficiency and consumer preferences. But macroeconomic system failures are not due to consumer preferences-but to the general illiquidity of consumers arising from a cyclical bad debt crisis as explained by the System Gap Theory. The illiquidity of consumers is not a physical phenomenon but a monetary phenomenon; and money that is not "real" is an abstract quantity, which we can control. That is why I strongly argue that we could have prevented the collapse of macroeconomic systems in the US and Europe in late 2007-and the continuing crisis can be resolved rather quickly if we change the monetary equation. To do it what was-and is-needed is a new macroeconomic policy tool and wisdom beyond the Federal Reserve.

The theories and case studies examined in this volume constitute a thorough study of foreign intervention in civil conflicts for the purpose of rendering humanitarian aid. The classical paradigm of the ethics of intervention forbids the violation of territorial sovereignty. Public international law and the UN charter also mandate nonintervention within the territorial boundaries of a state. Nevertheless, in recent years, as a result of brutal civil conflicts and their violent and inhumane consequences--as in Rwanda, Bosnia, and Cambodia--international aid interventions have become an accepted practice. Still, international humanitarian aid involves unsettled, controversial issues--dilemmas concerning donors, recipients, and international organizations. These issues, as well as the concepts of sovereignty, human rights, coercive interventions, and peacekeeping, are critically evaluated in this volume, which will be of interest to scholars and policymakers in international relations, human rights, and military affairs.

From America's first celebrated economist comes this 1912 textbook with a succinct yet highly informative introduction to economics as it was understood and practiced in the early 20th century. Fisher provides in-depth discussions of basic topics including: . wealth, property, and income . credit and debt . currency, prices, and monetary systems . supply and demand, capital and labor . poverty . and more. American economist IRVING FISHER (1867-1947) was professor of political economy at Yale University. Among his many books are The Rate of Interest (1907), Why Is the Dollar Shrinking? A Study in the High Cost of Living (1914), and Booms and Depressions (1932).