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    Handbook of the Economics of Finance

    By: Unknown

    $0.00
     
     
    ISBN
    9780080495071
    Date Released
    Binding
    eBook
     
     

    Out of Print

    Description
    Volume 1A covers corporate finance: how businesses allocate capital - the capital budgeting decision - and how they obtain capital - the financing decision. Though managers play no independent role in the work of Miller and Modigliani, major contributions in finance since then have shown that managers maximize their own objectives. To understand the firm's decisions, it is therefore necessary to understand the forces that lead managers to maximize the wealth of shareholders.

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