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Theory of Corporate Finance

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ISBN-10: 0691125562

ISBN-13: 9780691125565

Edition: 2006

Authors: Jean Tirole

List price: $105.00
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Description:

This text conveys the organizing principles that structure the analysis of key management and public policy issues, such as the reform of corporate governance and auditing; the role of private equity, financial markets, and takeovers; and the design of managerial incentive packages.
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Book details

List price: $105.00
Copyright year: 2006
Publisher: Princeton University Press
Publication date: 1/1/2006
Binding: Hardcover
Pages: 656
Size: 8.35" wide x 10.35" long x 1.59" tall
Weight: 3.894

Jean Tirole, the 2014 Nobel Laureate in Economics, is Scientific Director of IDEI (Institut d'Economie Industrielle), Chairman of the Board of TSE (Toulouse School of Economics), and Annual Visiting Professor of Economics at MIT.

Corporate governance
Corporate financing : some stylized facts
Corporate financing and agency costs
Some determinants of borrowing capacity
Liquidity and risk management, free cash flow, and long-term finance
Corporate financing under asymmetric information
Topics : product markets and earnings manipulations
Investors and voice : passive and active monitoring
Leading relationships and investor activism
Control rights and corporate governance
Takeovers
Consumer liquidity demand
Credit rationing and economic activity
Mergers and acquisitions, and the equilibrium determination of asset values
Aggregate liquidity shortages and liquidity asset pricing
Institutions, public policy, and the political economy of finance