TY - BOOK AU - de Matos,João Amaro TI - Theoretical Foundations of Corporate Finance SN - 9780691188478 U1 - 338.6/041 23 PY - 2018///] CY - Princeton, NJ : PB - Princeton University Press, KW - Corporations KW - Finance KW - BUSINESS & ECONOMICS / Economics / General KW - bisacsh KW - After-Tax Return KW - Agency Cost Of Debt KW - Arbitrage KW - Bidding KW - Bond (finance) KW - Buyback KW - Capital asset pricing model KW - Capital gain KW - Capital gains tax KW - Capital loss KW - Capital market KW - Capital structure KW - Cash KW - Clientele effect KW - Corporate action KW - Corporate finance KW - Corporate governance KW - Corporate tax KW - Corporation KW - Cost of capital KW - Cost of equity KW - Credit rating KW - Credit risk KW - Creditor KW - Debt Issue KW - Debt KW - Default (finance) KW - Dividend payout ratio KW - Dividend policy KW - Dividend KW - Economic bubble KW - Economic equilibrium KW - Economics KW - Economy KW - Equity (finance) KW - Equity Market KW - Equity carve-out KW - Equity issuance KW - Equity value KW - Executive compensation KW - Financial management KW - Financial market KW - Growth stock KW - High-yield debt KW - Institutional investor KW - Investment Valuation KW - Investment decisions KW - Investment fund KW - Investment policy KW - Investment KW - Investor KW - Leverage (finance) KW - Leveraged buyout KW - Liability (financial accounting) KW - Management buyout KW - Market Value Of Equity KW - Market liquidity KW - Market power KW - Market value KW - Money market KW - Net investment KW - Net present value KW - Operating Earnings KW - Option (finance) KW - Payout KW - Private equity KW - Public finance KW - Rate of return KW - Real options valuation KW - Real versus nominal value (economics) KW - Relative value (economics) KW - Repurchase agreement KW - Return on equity KW - Risk premium KW - Share price KW - Share repurchase KW - Shareholder rights plan KW - Shareholder value KW - Shareholder KW - Stock market KW - Supply (economics) KW - Tax Arbitrage KW - Tax advantage KW - Tax bracket KW - Tax credit KW - Tax deduction KW - Tax incidence KW - Tax rate KW - Tax reform KW - Tax shield KW - Tax KW - The Wealth Effect KW - Trade-off theory of capital structure KW - Trader (finance) KW - Traditional Theory Of Capital Structure KW - Underwriting KW - Valuation (finance) KW - Venture capital KW - Wealth effect KW - Wealth N1 - Frontmatter --; Contents --; List of Figures --; Preface --; PART I Foundations --; PART II Agency and Information --; PART III Capital Restructuring --; PART IV Appendices --; Notes --; Bibliography --; Index; restricted access N2 - Corporate finance is the area of finance that studies the determinants of firms' values, including capital structure, financing, and investment decisions. Although there are several excellent texts in corporate finance, this is the first to focus on the theoretical foundations of the subject in a consistent and integrated way at the Ph.D. level. In addition to a textbook for advanced graduate students, it can also serve as a general reference to researchers and sophisticated practitioners. The material presented is carefully selected with an eye to what is essential to understanding the underlying theory, ensuring that this text will remain useful for years to come. The book is divided into three parts. The first section presents the basic principles of valuation based on the absence of arbitrage, including a discussion of the determinants of the optimal capital structure based on the seminal results of Modigliani and Miller. The second section discusses the implications of agency problems and information asymmetries to capital structure, giving particular attention to payout policy and to debt contract design. The concluding portion presents different ways of restructuring capital, including going public, going private using stock repurchases or leveraged buyouts, and mergers and acquisitions. Each chapter includes exercises that vary in difficulty, with suggested solutions provided in an appendix. This book will assuredly be the standard doctoral- and professional-level explication of corporate finance theory and its appropriate applications UR - https://doi.org/10.1515/9780691188478?locatt=mode:legacy UR - https://www.degruyter.com/isbn/9780691188478 UR - https://www.degruyter.com/document/cover/isbn/9780691188478/original ER -