Elusive Capital

Elusive Capital PDF Author: Gipouloux, François
Publisher: Edward Elgar Publishing
ISBN: 1800889909
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
Offering a fresh analysis of late imperial China, this cutting-edge book revisits the roles played by merchant networks, economic institutions, and business practices in the divergence between Europe and China during the trade revolution.

Elusive Capital

Elusive Capital PDF Author: Gipouloux, François
Publisher: Edward Elgar Publishing
ISBN: 1800889909
Category : Business & Economics
Languages : en
Pages : 328

Get Book Here

Book Description
Offering a fresh analysis of late imperial China, this cutting-edge book revisits the roles played by merchant networks, economic institutions, and business practices in the divergence between Europe and China during the trade revolution.

Elusive Capital

Elusive Capital PDF Author: François Gipouloux
Publisher: Edward Elgar Publishing
ISBN: 9781800889897
Category :
Languages : en
Pages : 336

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Book Description
Offering a fresh analysis of late imperial China, this cutting-edge book revisits the roles played by merchant networks, economic institutions, and business practices in the divergence between Europe and China during the trade revolution. Focusing on the operating modes of three major regional trading networks active in Fujian, Huizhou, and Shanxi from the sixteenth to the nineteenth centuries, François Gipouloux assesses the driving forces behind their dynamism, the role they played in Chinese economic development, and the constraints in which they were embedded. Examining merchants' business practices, partnerships, and investment strategies, chapters portray the three central figures of China's economy - the financier, the middleman, and the business entrepreneur - and their complex relationships with the imperial bureaucracy. By analysing the divergent trajectory of seemingly identical institutions in China and Europe, Elusive Capital takes a comparative approach to shed light on the factors that inhibited the transformation of commercial development into an industrial revolution, ultimately discovering why capital accumulation proved so elusive in late imperial China. Revealing novel insights from primary documentation including trial accounts, Elusive Capital will prove an invigorating read for students and scholars of economic history, business studies and Asian urban and regional studies

The Elusive Quest for Growth

The Elusive Quest for Growth PDF Author: William R. Easterly
Publisher: MIT Press
ISBN: 0262260654
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.

Under-Rewarded Efforts

Under-Rewarded Efforts PDF Author: Santiago Levy Algazi
Publisher: Inter-American Development Bank
ISBN: 1597823058
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

Investing in Dynamic Markets

Investing in Dynamic Markets PDF Author: Henry Kressel
Publisher: Cambridge University Press
ISBN: 052111148X
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
A highly successful venture capitalist takes you behind the scenes of the private equity process.

King of Capital

King of Capital PDF Author: David Carey
Publisher: National Geographic Books
ISBN: 0307886026
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The story of Steve Schwarzman, Blackstone, and a financial revolution, King of Capital is the greatest untold success story on Wall Street. In King of Capital, David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile-takeover artists, and ‘barbarians at the gate’ into disciplined, risk-conscious investors while the financial establishment—banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley—were recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster. Now, not only have Blackstone and a small coterie of competitors wrested control of corporations around the globe, but they have emerged as a major force on Wall Street, challenging the likes of Goldman Sachs and Morgan Stanley for dominance. Insightful and hard-hitting, filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Schwarzman and Peter Peterson, King of Capital shows how Blackstone and private equity will drive the economy and provide a model for how financing will work in the years to come.

Intellectual Capital

Intellectual Capital PDF Author: Leif Edvinsson
Publisher: Piatkus Books
ISBN: 9780749917678
Category : Creative ability in business
Languages : en
Pages : 225

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Book Description
It's easy to add up the obvious assets of a business: simply tally the value of the physical attributes like computers, real estate, inventory, vehicles, etc. But there is much more to a business, including patents, copyrights, trademarks and, above all, worker creativity and talent. Leif Edvinsson is the world's leading authority on intellectual capital-- those elusive assets that represent the skills and ideas of the people behind the products. As Director of Intellectual Capital at Skandia, one of Europe's most respected and forward-thinking financial firms, he has developed a method for quantifying, expanding, developing and managing these resources. Using case studies of Microsoft, IBM, Netscape, Cisco and Pixar, Leif Edvinsson and Michael S. Malone, a high-tech journalist and coauthor of the bestselling "The Virtual Corporation", explain how the most successful companies have discovered the benefits of utilizing, and the dangers of ignoring, intellectual capital.

Corporate Finance

Corporate Finance PDF Author: Robert J. Rhee
Publisher: Aspen Publishing
ISBN: 1454877626
Category : Law
Languages : en
Pages : 1451

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Book Description
Corporate Finance provides coverage in a more concrete and problem-based approach than other books on the market. Robert J. Rhee distinguishes this casebook from other fine books in the field in a number of important ways. This book is interdisciplinary in nature, providing essential coverage of the basic concepts of accounting and finance needed for a business lawyer to understand the economics of the transaction. Additionally, the text facilitates ease of learning and teaching, avoiding excerpting technically dense academic writings in finance and economics, which can intimidate students and teachers. It further provides a basic understanding of financial instruments to prepare students for corporate practice, including many examples of actual financial contract terms and other transactional documents taken from various sources. Features: In depth coverage of accounting, finance, valuation, and capital markets in an accessible manner Inclusion of transactional documents and focus on financial contracts Generous use of graphics, tables, and charts to organize and convey complex information Accessibility of materials Business school-style case studies at the end of some chapters

Real Options in Capital Investment

Real Options in Capital Investment PDF Author: Lenos Trigeorgis
Publisher: Bloomsbury Publishing USA
ISBN: 0313020825
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
This compilation integrates various new contributions to the growing real options literature. Recent developments in the valuation of capital investment opportunities seen as real options (e.g. to defer, expand, abandon, or switch) have provided the tools and unlocked the possibilities to revolutionize the field of capital budgeting. The resulting insights, strategies, and techniques enable quantifying the thus far elusive elements of managerial operating flexibility and strategic interactions. These are vital to successfully capitalize on favorable future investment opportunities or limit losses from adverse market developments. This book presents various models and operating strategies, and a variety of applications ranging from acquisitions and divestitures, to natural resource development and pollution compliance. It is intended for both the academic and the professional market. The book's contributions are divided into five parts, covering sections on real options and alternative valuation paradigms for capital investment analysis; on the analysis of general exchange or switching options, and interdependencies among multiple such options; on strategic acquisitions, infrastructure, and foreign investment options; on mean reversion/ alternative formulations in natural resource investments, shipping, and start-up ventures; and on other applications in pollution compliance, land development, flexible manufacturing, and financial default options. Both academic and practitioner interest in these developments is unusually high. The book can serve as supplementary material for the academic market, e.g., in advanced finance courses in option pricing or capital budgeting, in doctoral seminars, and as a library resource. It may also be of interest to the professional market (e.g. corporate planners and finance executives in the oil, pharmaceutical, auto and a variety of other industries), academics from related areas (e.g. decision analysts or economists), as well as to international readers (academics, doctoral students, and professionals).

Profiting from Intellectual Capital

Profiting from Intellectual Capital PDF Author: Patrick H. Sullivan
Publisher: John Wiley & Sons
ISBN: 9780471193029
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
"Profiting from Intellectual Capital" - Dieses Buch beschäftigt sich mit der Frage, warum geistiges Eigentum als finanzieller Vermögenswert gilt, was man darunter versteht, wo es anzutreffen ist, wie man es investiert und wie man es erntet, um den Shareholder Value zu steigern. Autor Patrick Sullivan erläutert hier, wie Unternehmen aus ihrem intellektuellen Kapital finanzielle Vorteile und eine noch größere Wertschöpfung erzielen können. Das Buch gliedert sich in drei Teile; im ersten Teil werden grundlegende Begriffe und Konzepte besprochen, in den beiden folgenden Teilen werden Methoden für Messung, Management und Überwachung des intellektuellen Kapitals erörtert. Darüber hinaus werden wichtige Techniken zur Wertgewinnung diskutiert, wie z.B. die Erstellung einer Datenbank für geistiges Eigentum. Mit einer Fülle von Beispielen zu Methoden und Verfahren von auf diesem Gebiet führenden internationalen Unternehmen, wie z.B. ICM-Dow Chemical, Xerox, Rockwell International, Skandia und Hewlett-Packard. "Profiting from Intellectual Capital" ist Pflichtlektüre für alle vorausschauenden Experten im Bereich intellektuelles Kapital.