Download Corporate finance and the theory of the firm Book

Corporate finance and the theory of the firm PDF
By:Stefan Detscher
Published on 2004-05-02 by GRIN Verlag

DOWNLOAD HERE !

Research paper from the year 2003 in the subject Business economics - Investment and Finance, grade: 2,0 (B), European Business School - International University Schloß Reichartshausen Oestrich-Winkel (Corporate Finance and Capital Markets), language: English, abstract: This book examines the links between corporate finance and the theory of the firm. As a basis for this analysis, theoretical foundations in corporate finance and the theory of the firm are provided. Furthermore, current research on the theory of the firm and corporate finance for the recently emerged type of firm of the human-capital intensive firm is presented. The most significant part of the analysis is the evaluation of the interrelation between corporate finance and the theory of the firm using a 3x3 matrix. This matrix compares three important theoretical frameworks of the firm (the firm as a nexus of contracts, as a collection of growth options and as a collection of assets) with three major fields of corporate finance (capital structure, corporate governance and valuation). This assessment is done for the traditional asset-intensive industrial firm, one of two basic types of firms in today’s economy. For giving an additional insight into current research, the recently emerged human-capital intensive firm is shortly described in comparison to the traditional asset-intensive firm, and implications for corporate finance for this new type of firm are explained. As a conclusion, three major results can be stated: firstly, the theory of the firm definitely influences corporate finance for all described views of the firm, and it is thus an important basis for corporate finance. This fact makes it necessary to consider the underlying issue of the theory of the firm for each problem in corporate finance. Secondly, different views of the theory of the firm have different implications for corporate finance. For example, the appropriate valuation method depends on the considered view of the firm. A third result being observed is that corporate finance and the theory of the firm are in an ongoing change. An example of this is the emergence of human-capital intensive firms within the last decade.

This Book was ranked at 19 by Google Books for keyword Corporate Finance.

Book ID of Corporate finance and the theory of the firm's Books is oppqYCCDDEQC, Book which was written byStefan Detscherhave ETAG "v1mtB464Cqk"

Book which was published by GRIN Verlag since 2004-05-02 have ISBNs, ISBN 13 Code is 9783638273152 and ISBN 10 Code is 3638273156

Reading Mode in Text Status is true and Reading Mode in Image Status is true

Book which have "33 Pages" is Printed at BOOK under CategoryBusiness and Economics

Book was written in en

eBook Version Availability Status at PDF is true and in ePub is true

Book Preview

DOWNLOAD NOW !

Download Corporate finance and the theory of the firm PDF Free

Download Corporate finance and the theory of the firm Book Free

Download Corporate finance and the theory of the firm Free

Download Corporate finance and the theory of the firm PDF

Download Corporate finance and the theory of the firm Book

How to Download Corporate finance and the theory of the firm Book

How to Download Corporate finance and the theory of the firm

How to Download Corporate finance and the theory of the firm pdf

How to Download Corporate finance and the theory of the firm free

Free Download Corporate finance and the theory of the firm