Corporate finance and capital structure a theoretical introduction / Kentaro Asai.

Author/creator Asai, Kentaro
Format Electronic
Publication InfoAbingdon, Oxon ; New York, NY : Routledge, 2021.
Descriptionvolumes cm
Supplemental ContentFull text available from Ebook Central - Academic Complete
Supplemental ContentFull text available from Taylor & Francis eBooks
Subjects

Abstract "Capital structure choice is essential for an institution to maximize its value. Because the institution's decision maker decides how to finance projects before making investment decisions, her financial decisions ultimately affect every aspect of operations thereafter. This book discusses several key theories of corporate capital structure to answer how funding structure shapes an institution's value. In this book, the author emphasizes microeconomic foundations of capital structure theory. He shows how various microeconomic frameworks, such as price and game theories, principal-agent model, and mechanism design, can be applied to solve the optimal capital structure of a firm. By getting used to optimize corporate capital structure subject to various constraints via microeconomic frameworks, readers become capable of investigating how to finance projects in their own setups. Thus, this book not only informs readers of specific knowledge, but also provides them with tools to solve new problems that they will face in their future. This will be a valuable resource for students of corporate finance at the post-graduate or doctoral level, and also serves as the material for professional training aimed to practitioners and regulators with technical expertise"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2020035545
ISBN9780367860066 (paperback)
ISBN9780367860059 (hardback)
ISBN(ebook)

Availability

Library Location Call Number Status Item Actions
Electronic Resources ✔ Available