Financial Policy and Corporate Investment in Imperfect Capital Markets

Financial Policy and Corporate Investment in Imperfect Capital Markets PDF Author: Mansoor Dailami
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 48

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Book Description
The vigorous expansion of corporate real investment in Korea in the 1980s despite high real interest rates owes much to the rapid growth of the stock market and its increasingly important role in supplying equity capital to the corporate sector.

Financial Policy and Corporate Investment in Imperfect Capital Markets

Financial Policy and Corporate Investment in Imperfect Capital Markets PDF Author: Mansoor Dailami
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 48

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Book Description
The vigorous expansion of corporate real investment in Korea in the 1980s despite high real interest rates owes much to the rapid growth of the stock market and its increasingly important role in supplying equity capital to the corporate sector.

Fiscal Policies in the Presence of Imperfect Capital Market

Fiscal Policies in the Presence of Imperfect Capital Market PDF Author: Sam-Gwang Cho
Publisher:
ISBN:
Category :
Languages : en
Pages : 254

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Book Description


Firm Investment, Corporate Finance, and Taxation

Firm Investment, Corporate Finance, and Taxation PDF Author: Geremia Palomba
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
This paper examines the intertemporal effect of corporate income taxation on the investment behavior of a firm that faces imperfect capital markets. It shows that when capital markets are imperfect, the optimizing firm goes through different phases of growth. In this dynamic setting, the effect of a corporate tax on profits varies over time. An increase in the corporate profit tax rate initially reduces investment, but the effect is reversed over time as the firm adjusts its financing policy to the new tax rate.

Capital Market Imperfections and Corporate Investment Behaviour

Capital Market Imperfections and Corporate Investment Behaviour PDF Author: Olatundun Adelegan
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659260100
Category :
Languages : en
Pages : 264

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Book Description
Olatundun Janet Adelegan is a Professor of Economics with specialization in Financial Economics, Corporate Finance and Investments, Corporate governance and Control, Macroeconomics and Financial sector issues, Money and Capital Markets Development in Africa. She has 18 years work experience as a faculty in the University and 2 years in an International Organization. She has about 50 international research publications to her credit. She has also attended and presented papers at several International Conferences.

Firm Investment Under Imperfect Capital Markets

Firm Investment Under Imperfect Capital Markets PDF Author: Sangeeta Pratap
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 68

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Book Description


Firm Investment in Imperfect Capital Markets

Firm Investment in Imperfect Capital Markets PDF Author: Sangeeta Pratap
Publisher:
ISBN:
Category :
Languages : en
Pages : 32

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Book Description


Capital Market Imperfections Before and After Financial Liberalization

Capital Market Imperfections Before and After Financial Liberalization PDF Author: Fidel Jaramillo
Publisher: World Bank Publications
ISBN:
Category : Mercado de capitales - Ecuador
Languages : en
Pages : 33

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Book Description


Bank-based and Market-based Financial Systems

Bank-based and Market-based Financial Systems PDF Author: Asl? Demirgüç-Kunt
Publisher: World Bank Publications
ISBN:
Category : Bancos
Languages : en
Pages : 73

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Book Description


Asset Prices, Booms and Recessions

Asset Prices, Booms and Recessions PDF Author: Willi Semmler
Publisher: Springer Science & Business Media
ISBN: 3540246967
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
"Asset Prices, Booms and Recessions" is a book on Financial Economics from a dynamic perspective. It focuses on the dynamic interaction of financial markets and economic activity. The financial markets to be studied here encompasses the money and bond market, credit market, stock market and foreign exchange market. Economic activity is described by the activity of firms, banks, households, governments and countries. The book shows how economic activity affects asset prices and the financial market and how asset prices and financial market volatility feed back to economic activity. The focus in this book is on theories, dynamic models and empirical evidence. Empirical applications relate to episodes of financial instability and financial crises of the U.S., Latin American, Asian as well as Euro-area countries. The current version of the book has moved to a more extensive coverage of the topics in financial economics by updating the literature in the appropriate chapters. Moreover it gives a more extensive treatment of new and more advanced topics in financial economics such as international portfolio theory, multi-agent and evolutionary approaches, capital asset pricing beyond consumption-based models and dynamic portfolio decisions. Overall, the book presents material that researchers and practitioners in financial engineering need to know about economic dynamics and that economists, practitioners and policy makers need to know about the financial market.

Handbook of the Economics of Finance

Handbook of the Economics of Finance PDF Author: G. Constantinides
Publisher: Elsevier
ISBN: 9780444513632
Category : Business & Economics
Languages : en
Pages : 698

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Book Description
Arbitrage, State Prices and Portfolio Theory / Philip h. Dybvig and Stephen a. Ross / - Intertemporal Asset Pricing Theory / Darrell Duffle / - Tests of Multifactor Pricing Models, Volatility Bounds and Portfolio Performance / Wayne E. Ferson / - Consumption-Based Asset Pricing / John y Campbell / - The Equity Premium in Retrospect / Rainish Mehra and Edward c. Prescott / - Anomalies and Market Efficiency / William Schwert / - Are Financial Assets Priced Locally or Globally? / G. Andrew Karolyi and Rene M. Stuli / - Microstructure and Asset Pricing / David Easley and Maureen O'hara / - A Survey of Behavioral Finance / Nicholas Barberis and Richard Thaler / - Derivatives / Robert E. Whaley / - Fixed-Income Pricing / Qiang Dai and Kenneth J. Singleton.