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Three Essays on Corporate Governance and Corporate Finance (Paperback)
Loot Price: R1,279
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Three Essays on Corporate Governance and Corporate Finance (Paperback)
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Corporate governance is a highly appealing field of economic
theory. Its origins can be traced all the way back to Adam Smith.
And as the separation of ownership and control is inherent in the
modern corporate, the issues of corporate governance mentioned in
essay one have not lost relevance. Further we can observe two main
areas of interest in decision-making in corporate finance. Besides
the debt-versus-equity decision-making there is also the factor of
debt maturity, which is of the same importance but is usually not
the focus of financial research. Essay two presents evidence for
Czech firms. However despite the huge theoretical and empirical
literature on the determinants of the capital structure there is
surprisingly limited empirical evidence on more practical opinions
of company financial managers. Essay three seeks to answer
practical questions on the perception of corporate financing and
explains the management behavior in the financial decision-making.
Researchers in economic theory as well as financial practitioners
not only from transition countries might find this book useful and
worth to read.
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