ISBN:
9780444513625
Language:
English
Pages:
1 online resource (654 pages)
Edition:
1st edition
Keywords:
Electronic books ; local
;
Electronic books
Abstract:
Volume 1A covers corporate finance: how businesses allocate capital - the capital budgeting decision - and how they obtain capital - the financing decision. Though managers play no independent role in the work of Miller and Modigliani , major contributions in finance since then have shown that managers maximize their own objectives. To understand the firm's decisions, it is therefore necessary to understand the forces that lead managers to maximize the wealth of shareholders.
Note:
Online resource; Title from title page (viewed November 4, 2003)
