Download or read book Essays on Business Finance written by Merwin Howe Waterman and published by . This book was released on 1952 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Women and Their Money 1700 1950 written by Anne Laurence and published by Routledge. This book was released on 2008-11-20 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, the first of its kind, will be of interest across several disciplines including economics, economic history, business history, British history and women/gender history The fact that the essays reach beyond Britain and include work on Germany, Australia, Italy, Canada, Sweden and the West Indies will stimulate interest throughout (and even beyond) the English speaking world There is a growing interest in the study of women’s economic activity, which reflects the recognition that economics and economic/business history are not gender neutral subjects
Download or read book Essays on Business Finance written by and published by . This book was released on 1957 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays written by Karl A. Boedecker and published by . This book was released on 1957 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Can It Happen Again written by Hyman Minsky and published by Routledge. This book was released on 2016-04-14 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the winter of 1933, the American financial and economic system collapsed. Since then economists, policy makers and financial analysts throughout the world have been haunted by the question of whether "It" can happen again. In 2008 "It" very nearly happened again as banks and mortgage lenders in the USA and beyond collapsed. The disaster sent economists, bankers and policy makers back to the ideas of Hyman Minsky – whose celebrated 'Financial Instability Hypothesis' is widely regarded as predicting the crash of 2008 – and led Wall Street and beyond as to dub it as the 'Minsky Moment'. In this book Minsky presents some of his most important economic theories. He defines "It", determines whether or not "It" can happen again, and attempts to understand why, at the time of writing in the early 1980s, "It" had not happened again. He deals with microeconomic theory, the evolution of monetary institutions, and Federal Reserve policy. Minsky argues that any economic theory which separates what economists call the 'real' economy from the financial system is bound to fail. Whilst the processes that cause financial instability are an inescapable part of the capitalist economy, Minsky also argues that financial instability need not lead to a great depression. This Routledge Classics edition includes a new foreword by Jan Toporowski.
Download or read book Why the World Economy Needs a Financial Crash and Other Critical Essays on Finance and Financial Economics written by Jan Toporowski and published by Anthem Press. This book was released on 2010-12 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume explain the key structural features of financial inflation that give rise to financial crisis. These features include excessive reliance on finance to maintain economic activity through rising asset prices. Reliance on asset inflation induces a preoccupation with property values and a new social divide between the asset-rich and the asset-poor that undermines the culture of the welfare state. When debt can no longer be supported by cash flow from asset markets, excess debt plunges economies into economic depression.
Download or read book Essays in Corporate Finance written by Jin Xu and published by . This book was released on 2007 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Art of Taming the Business written by Vallabhi Ey and published by iUniverse. This book was released on 2009-04 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business essays for students who want to have a strong foundation in business concepts and for professionals who want to refer back to the basics. The simplified form of complex concepts and simple language makes this book a good and a must read. A Book by a student for both students and professionals! All the business chapters in this book were written as assignments by the author as an MBA (Management of Business Administration) student in University of Northampton in the years 2007 and 2008. There are twelve altogether, some are essays and some are reports. Most of these were written with an intention that these could be published one day. Also the chapters were written with an idea that it should not just reach business readers but also general readers who want to know business or just have an interesting read. The various chapters and the section of Business Management are given below: Chapters 1, 2 and 3 are related to Operations Research Chapters 4 and 5 are related to Marketing Chapter 6 is related to Organizational Strategy Chapter 7 is related to Managing Change Chapter 8 is related to Cross Cultural Management Chapters 9 and 10 are related to People Management Chapter 11 is related to Corporate Finance Chapter 12 is related to Leadership The author believes that diff erent departments in an organization cannot be detached or distinguished without overlaps from other departments. Th ese subjects mentioned above are related to the important characteristics of the concerned subject and would be useful for any department of business as a whole. The conclusion of the last chapter ends with words of Jesus Christ adapted to the business environment.
Download or read book Women and Their Money 1700 1950 written by Anne Laurence and published by Routledge. This book was released on 2008-11-20 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, the first of its kind, will be of interest across several disciplines including economics, economic history, business history, British history and women/gender history The fact that the essays reach beyond Britain and include work on Germany, Australia, Italy, Canada, Sweden and the West Indies will stimulate interest throughout (and even beyond) the English speaking world There is a growing interest in the study of women’s economic activity, which reflects the recognition that economics and economic/business history are not gender neutral subjects
Download or read book Essays on Business Finance by Merwin H Waterman written by Merwin H. Waterman and published by . This book was released on 1963 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Theory and Reality in Financial Economics written by George M. Frankfurter and published by World Scientific. This book was released on 2007 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current literature on financial economics is dominated by neoclassical dogma and, supposedly, the notion of value-neutrality. However, the failure of neoclassical economics to deal with real financial phenomena suggests that this might be too simplistic of an approach. This book consists of a collection of essays dealing with financial markets'' imperfections, and the inability of neoclassical economics to deal with such imperfections. Its central argument is that financial economics, as based on the tenets of neoclassical economics, cannot answer or solve the real-life problems that people face. It also shows the direct relationship between economics and politics OCo something that is usually denied in academic models, given that science is supposed to be value-neutral. In this thought-provoking and avant-garde book, the author not only exposes what has gone wrong, but also suggests reforms to both the academic and the political-economic systems that might help make markets fair rather than efficient. Drawing on interdisciplinary fields, this book will appeal to readers who are interested in finance, economics, business, the political economy and philosophy. Sample Chapter(s). Foreword (37 KB). Chapter 1: Method and Methodology (146 KB). Contents: Method and Methodology; What is All Efficiency?; Still Autistic Finance; The Young Finance Faculty''s Guide to Publishing; Prolific Authors in Finance; For-Profit Education: An Idea That Should be Put to Rest?; Weep Not for Microsoft: Monopoly''s Fatal Exception; The Socio-Economics of Scandals; Desperately Seeking Toto; And Now for Something Entirely Different; After the Ball; Capitalism or Industrial Fiefdom; The Theory of Fair Markets (TFM): Toward a New Finance Paradigm. Readership: Graduate students of finance; students of economics, economic methodology and philosophy of science."
Download or read book Essays in Corporate Finance written by Andrew Younger Wong and published by . This book was released on 2003 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Finance written by Robert Giffen and published by . This book was released on 1886 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Corporate Finance written by Xia (Summer). Liu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Turmoil in Europe and the United States written by George Soros and published by Public Affairs. This book was released on 2012-01-01 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the need for the United States to restructure the banking and financial system, anticipates the globalization of the crisis, and calls for international action.
Download or read book Financial literacy motivated reasoning and gender written by Thérèse Lind and published by Linköping University Electronic Press. This book was released on 2019-05-16 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: I wrote this thesis to create a better understanding of how individual characteristics influence our feelings, our behavior and our way of interpreting information. My focus is on financial behavior and financial information, however I also consider a political context. I investigate the (usually) enabling abilities of financial literacy and numeracy. I also consider impediments such as stereotype threat and motivated reasoning, which can prevent people from engaging in certain behaviors or from interpreting information objectively. Both processes stem from valued beliefs and psychological foundations, consequently peoples’ efforts, decisions, and evaluations are based on them. The first essay, “Competence, confidence, and gender: The role of perceived and actual financial literacy in household finance,” broadens our understanding of the benefits of financial competence. I contrast perceived and actual levels of financial literacy, and consider the role of numeracy and cognitive reflective ability. I conclude that perceived and actual levels of financial literacy positively affect behavior and wellbeing; however, perceived financial literacy more so than actual financial literacy. No such effect is observed for numeric ability and cognitive reflection. Furthermore, women are more anxious about financial matters even though they tend to engage more frequently in the considered financial behaviors. The second essay, “Threatening finance? Examining the gender gap in financial literacy,” continues my exploration of the relationship between gender and financial literacy. In a series of studies, I investigate whether the observed gender gap in financial literacy can be identified in nonnumerical contexts, if it can be associated with confidence in financial matters, and if it can be attributed to stereotype threat, which posits that inbuilt prejudices about gender and finance undermine women’s performance of tasks that involve finance. The results show that the observed gender gap in financial literacy is robust even in nonnumerical financial contexts and suggest that a stereotype threat for women in the financial domain might be present. The gender gap in financial literacy could not be attributed to a difference in (displayed) confidence. In the third essay, “Preferences for lump-sum over divided payment structures,” I investigate whether or not people display systematic preferences for lump–sum or divided payment structures and how these preferences differ in gain (benefit) and loss (payment) situations. I investigate what happens when payments belong to a single underlying event, such as when people can choose to pay immediately or in installments. I also examine whether or not individual differences in time preferences, risk preferences, numeracy, and financial literacy are associated with preferences for one payment structure or the other. The aggregate results show a tendency for people to prefer obtaining and paying money in lump sums. I find no systematic indication that the considered individual differences play a role in this type of decision. The fourth essay, “Motivated reasoning when assessing the effect of refugee intake,” inquires into differences in worldview ideology, whether people identify as nationally or globally oriented, hinder them from objectively interpreting information. I use an experiment to find out if people display motivated reasoning when interpreting numerical information about the effects of refugees on the crime rate. Our results show evidence of motivated reasoning along the lines of worldview ideology. However, individuals with higher numeric ability were less likely to engage in motivated reasoning, leading to the conclusion that motivated reasoning is more likely to be driven by feelings and emotional cues than by deliberate analytical processes.
Download or read book Essays in Corporate Finance written by Kangzhen Xie and published by . This book was released on 2010 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation studies the effects of information asymmetry, financial constraints and stock market valuation on the behavior of firms. The first essay explores the role of deal initiation and bidder asymmetry in determining the use of auction and target premia in merges and acquisitions. The second essay examines the behavior of the segments of conglomerates and single segment firms in the distressed industries. The third essay investigates the incentive of takeover arising from the temporary disparity of stock valuation. While half of all acquisition targets are sold in negotiated deals with only one buyer rather than by auction, the wealth effects for target shareholders are surprisingly similar in both auctions and negotiations. This begs the following questions: why do companies frequently avoid auctions and instead negotiate with just one buyer, and how can targets achieve comparable premia in negotiations? Drawing on Fishman's (1988) model of preemptive bidding and Povel and Singh's (2006) model of asymmetric bidders, I hypothesize that the sales procedure (i.e., auction or negotiation) is most likely determined by the party that initiates the deal. When an acquirer initiates a deal, it prefers a negotiated deal and hence agrees to pay a high premium to preempt the target and other potential bidders from running an auction. I document detailed information on the private bargaining process for 598 deals. I find that most negotiation deals are in fact initiated by the acquirers and that most of the target-initiated deals use an auction, which indicates that targets are using an auction as a mechanism to discover the highest bidder. Moreover, I provide evidence that the targets receive higher excess returns in the deals initiated by the acquirers than in the deals initiated by the targets. I also provide further evidence of preemptive bidding and bidder asymmetry by studying the indicative bids and the business relations between the targets and the acquirers. Hence, target firms are willing to forgo the potential benefits of an auction and agree to a negotiated deal because they are already facing a bidder with a high valuation and are able to get a high price. The second essay uses economic distress in an industry as a natural experiment and tests the alternate theories of conglomeration. We find that segments of conglomerates in distressed industries experience better performance than single segment firms. The distressed segments have higher sales growth, higher R & D expenditure and greater cash flows than single segment firms. Indicating greater financial constraints for single segment firms, the superior performance of segments of conglomerates is confined to the sub-sample of firms without credit ratings and for firms in competitive industries. Single-segment firms reduce their investment in non-cash current assets and significantly increase their cash holdings during periods of industry distress. There is some evidence that the single segment firms that accumulate cash also reduce their R & D expenditure. The diversification discount almost disappears in the years when one of the conglomerate segments is in distress. Overall, our evidence highlights the benefits of conglomerates in enabling segments to avoid financial constraints during periods of industry distress. The third essay studies the effect of valuation difference on merger incentives. There is widespread evidence that bidders are more highly valued than their targets, and that both parties tend to be in temporarily high-valued industries. We find that valuation differences are also extremely important in predicting who will be acquired and when. Our evidence also suggests that the driving force is more a desire to increase earnings per share the (the "bootstrap game" in the classic text of Brealey and Myers) than to exploit market mis-valuation. We find that a firm is more likely to be a target when others in the industry could acquire them in a stock-swap merger that appears accretive to the buyer while paying the target a substantial premium. The resulting measure is similar to the dispersion of valuation multiples within an industry, but is grounded in a specific model of managerial behavior and is empirically much stronger than dispersion. Indeed, it is stronger than any measure in the existing literature, including recent industry merger activity.
