A comprehensive guide to making better capital structure and corporate financing decisions in today's dynamic business environment Given the dramatic changes that have recently occurred in the economy, the topic of capital structure and corporate financing decisions is critically important. The fact is that firms need to constantly revisit their portfolio of debt, equity, and hybrid securities to finance assets, operations, and future growth. Capital Structure and Corporate Financing Decisions provides an in-depth examination of critical capital structure topics, including discussions of basic capital structure components, key theories and practices, and practical application in an increasingly complex corporate world. Throughout, the book emphasizes how a sound capital structure simultaneously minimizes the firm's cost of capital and maximizes the value to shareholders. Offers a strategic focus that allows you to understand how financing decisions relates to a firm's overall corporate policy Consists of contributed chapters from both academics and experienced professionals, offering a variety of perspectives and a rich interplay of ideas Contains information from survey research describing actual financial practices of firms This valuable resource takes a practical approach to capital structure by discussing why various theories make sense and how firms use them to solve problems and create wealth. In the wake of the recent financial crisis, the insights found here are essential to excelling in today's volatile business environment.
An introduction to the concepts and principles of architectural structures in an easy-to-read format Written as an easy-to-understand primer on the topic, Structure for Architects engages readers through instruction that uses a highly visual format and real-world examples to underline the key facets of structural principles that are essential to the design process. Eschewing complicated mathematics and technical jargon, Structure for Architects demystifies the subject matter by showing it in the context of everyday situations, giving architects and architectural technologists a clear understanding of how to incorporate structural principles into their designs. Highlights of this book include: A rich collection of drawings, photographs, and diagrams, spread throughout the text, which demonstrate fundamental structural concepts using everyday examples An overview of structural design basics, as well as a summary of structural forms A look at the design implications of steel, reinforced concrete, and wood By providing an overall view of structures that covers the essentials of what architects and architectural technologists need to know, Structure for Architects is a valuable tool for illustrating the importance of designing with structure in mind and for learning the basics that are necessary for collaborating confidently with project team members.
The present study analyzes the stability of the demand for money function in India over the period 1991:M4–2014:M9 using co-integration and Vector Error Correction Mechanism (VECM ) framework. From analysis, it has been observed that there exists a stable demand for money function in India during the post-reforms period, i. e. a long-run relationship does exist between demand for real balances, national output (Yt ), rate of interest (Rt) and exchange rate (ERt). Two variables Yt and ERt have been observed to be affecting demand for real balances positively, while the observed effect of M2 is negative. Thus, the signs and magnitudes of all three regressors have been observed according to a-priori information without any paradoxical situation.
Gathering leading specialists in the field of structure prediction, this book provides a unique view of this complex and rapidly developing field, reflecting the numerous viewpoints of the different authors. A summary of the major achievements over the last few years and of the challenges still remaining makes this monograph very timely.
“Shadow” is a fairy tale for me, for you and your children. “Shadow” is a fairy tale about life, love and self-understanding. “Shadow” is a new rendition of ideas about world structure and our place in it. On the pages of the book the author tells not just the story of the heroes’ fates who created the new world, he shows ourselves in every action, in every experience, letting us realize our involvement in the universal plan.
Inside the risk management and corporate governance issues behind capital structure decisions Practical ways of determining capital structures have always been mysterious and riddled with risks and uncertainties. Dynamic paradigm shifts and the multi-dimensional operations of firms further complicate the situation. Financial leaders are under constant pressure to outdo their competitors, but how to do so is not always clear. Capital Structure Decisions offers an introduction to corporate finance, and provides valuable insights into the decision-making processes that face the CEOs and CFOs of organizations in dynamic multi-objective environments. Exploring the various models and techniques used to understand the capital structure of an organization, as well as the products and means available for financing these structures, the book covers how to develop a goal programming model to enable organization leaders to make better capital structure decisions. Incorporating international case studies to explain various financial models and to illustrate ways that capital structure choices determine their success, Capital Structure Decisions looks at existing models and the development of a new goal-programming model for capital structures that is capable of handling multiple objectives, with an emphasis throughout on mitigating risk. Helps financial leaders understand corporate finance and the decision-making processes involved in understanding and developing capital structure Includes case studies from around the world that explain key financial models Emphasizes ways to minimize risk when it comes to working with capital structures There are a number of criteria that financial leaders need to consider before making any major capital investment decision. Capital Structure Decisions analyzes the various risk management and corporate governance issues to be considered by any diligent CEO/CFO before approving a project.
What is the world of the 21st century like now that the centrality of the West is no longer given? How were the societies and cultures of today's world together with their interconnections forged, and what is driving human society in our times? In short, what is the state of the world today as we enter the second decade of the 21st century? This is the first book which deals with planetary human society as whole. It is a beginner's guide to the world after the West and after globalization, compact, portable, and jargon-free. It is aimed at everybody who, even with experience, has kept a beginner's curiosity of the world, to everybody who does not know everything they want to know about it, about the good, the evil, and the salvation of the world. It lays bare the socio-cultural geology of the world, its major civilizations, its historical waves of globalization, its family-sex-gender systems, and its pathways to modernity. It outlines the dynamics of the world, its basic drives, the contours of its most important global and sub-global processes. It presents the big team players on the world stage, populous as well as rich countries, missions and movements as well corporations and cities. It traces the life-courses of men and women on all the continents, from their birth and childhood to their old age, and their funeral.