书目名称 | Dynamical Corporate Finance |
副标题 | An Equilibrium Appro |
编辑 | Umberto Sagliaschi,Roberto Savona |
视频video | |
概述 | Offers a concise analysis of the theoretical foundations and modelling of corporate finance.Provides an introduction to investment based asset pricing.Presents recent advancements in dynamic capital s |
丛书名称 | Contributions to Finance and Accounting |
图书封面 |  |
描述 | The way in which leverage and its expected dynamics impact on firm valuation is very different from what is assumed by the traditional static capital structure framework. Recent work that allows the firm to restructure its debt over time proves to be able to explain much of the observed cross-sectional and time-series variation in leverage, while static capital structure predictions do not. The purpose of this book is to re-characterize the firm’s valuation process within a dynamical capital structure environment, by drawing on a vast body of recent and more traditional theoretical insights and empirical findings on firm evaluation, also including asset pricing literature, offering a new setting in which practitioners and researchers are provided with new tools to anticipate changes in capital structure and setting prices for firm’s debt and equity accordingly.. |
出版日期 | Book 2021 |
关键词 | Financial Engineering; Capital Structure; Corporate Finance; Financial Tools; Valuation; Financial Polici |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-030-77853-8 |
isbn_softcover | 978-3-030-77855-2 |
isbn_ebook | 978-3-030-77853-8Series ISSN 2730-6038 Series E-ISSN 2730-6046 |
issn_series | 2730-6038 |
copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |