Judging by the sheer number of papers reviewed in this Handbook, the empirical analysis of firms' financing and investment decisions--empirical corporate finance--has become a dominant field in financial economics. The growing interest in everything "corporate" is fueled by a healthy combination of fundamental theoretical developments and recent widespread access to large transactional data bases. A less scientific--but nevertheless important--source of inspiration is a growing awareness of the important social implications of corporate behavior and governance. This Handbook takes stock of...
Judging by the sheer number of papers reviewed in this Handbook, the empirical analysis of firms' financing and investment decisions--empirical corpor...
This second volume of a two-part series examines three major topics. First, it devotes five chapters to the classical issue of capital structure choice. Second, it focuses on the value-implications of major corporate investment and restructuring decisions, and then concludes by surveying the role of pay-for-performance type executive compensation contracts on managerial incentives and risk-taking behavior.
In collaboration with the first volume, this handbook takes stock of the main empirical findings to date across an unprecedented spectrum of corporate finance issues. The surveys...
This second volume of a two-part series examines three major topics. First, it devotes five chapters to the classical issue of capital structure ch...
This two-volume set summarizes recent research on corporate decision-making. The first volume covers measurement and theoretical subjects as well as sources of capital, including banks, public offerings, and private investors. In the second volume, contributors focus on the ways corporations are structured and the practices through which they can be bought and sold. Thus, its major subjects include dividends, capital structure, financial distress, takeovers, restructurings, and managerial incentives. *Takes stock of the main empirical findings to date across an unprecedented spectrum of...
This two-volume set summarizes recent research on corporate decision-making. The first volume covers measurement and theoretical subjects as well as s...
A selection of republished corporate finance articles and book chapters that can serve as an advanced corporate finance supplementary text for courses that use no textbooks. Combining convenience and an affordable price with retypeset pages and a high-quality index, the 600 pages of volume one, "Takeover Activity, Valuation Estimates and Sources of Merger Gains," focus on classical issues such as the existence and source of merger waves, empirical estimates of takeover announcement returns and the division of takeover gains between bidders and targets, and tests for potential sources of...
A selection of republished corporate finance articles and book chapters that can serve as an advanced corporate finance supplementary text for cour...
A selection of republished corporate finance articles and book chapters that can serve as an advanced corporate finance supplementary text for courses that use no textbooks. Combining convenience and an affordable price with retypeset pages and a high-quality index, the 600 pages of volume two, "Bidding Strategies, Financing, and Corporate Control," focus on a range of special topics, ranging from theories and evidence on strategic bidding behavior (offer premiums, toeholds, bidder competition, winner's curse adjustments, and managerial overconfidence), issues arising when bidding for...
A selection of republished corporate finance articles and book chapters that can serve as an advanced corporate finance supplementary text for cour...
