[下载]Handbook of Empirical Corporate Finance, Volume 1 &2

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收藏 2009-04-07

低价出售！！很实用的书。虽然论坛里已有但都价格不菲，相信这绝对是学金融必备的书。现2本25出售:
Publication Date: 2007-05-18 </li><li>ISBN-10 / ASIN: 0444508988 </li><li>ISBN-13 / EAN: 9780444508980

Description: Judging by the sheer number of papers reviewed in this Handbook, the empirical analysis of firms financing and investment decisionsempirical corporate financehas become a dominant field in financial economics. The growing interest in everything corporate is fueled by a healthy combination of fundamental theoretical developments and recent widespread access to large transactional data bases. A less scientificbut nevertheless importantsource of inspiration is a growing awareness of the important social implications of corporate behavior and governance. This Handbook takes stock of the main empirical findings to date across an unprecedented spectrum of corporate finance issues, ranging from econometric methodology, to raising capital and capital structure choice, and to managerial incentives and corporate investment behavior. The surveys are written by leading empirical researchers that remain active in their respective areas of interest. With few exceptions, the writing style makes the chapters accessible to industry practitioners. For doctoral students and seasoned academics, the surveys offer dense roadmaps into the empirical research landscape and provide suggestions for future work. *The Handbooks in Finance series offers a broad group of outstanding volumes in various areas of finance *Each individual volume in the series should present an accurate self-contained survey of a sub-field of finance *The series is international in scope with contributions from field leaders the world over Summary: IPO underpricing Rating: 4 One of the most impressive things about this book, the first in its series, is the storied gathering of advisory editors, that helped put it together. Robert Merton, William Sharpe, Harry Markowitz, Paul Samuelson. All Nobel Laureates in Economics. And all still active in research. Given this, they have amassed an interesting and varied collection of papers by others, in this volume. Likely, there is something here of interest to you. Take the issue of IPO underpricing, which is something of personal interest to me. It refers to the oft-noted phenomenon of the jump in the first day's closing price, compared to the opening price. In the US, this was especially prevalent during the dot com years. But it still happens, and by no means confined to the US. As in last week, in China, with several major IPOs. One chapter discusses the various explanations put forth. Like the presence of irrational investors who bid up the price from the IPO starting value. Certainly, the recent behaviour of the Chinese capital markets in Shanghai and Hong Kong give this some plausibility. The chapter surveys IPO performance across several countries. Sadly and ironically, the one major country not looked at is China. Perhaps because as a major occurrence, this is still very new over there. Anyhow, the explanations are worth contemplating. Especially if you are a Chinese regulator! Handbook of Empirical Corporate Finance, Volume 2: Empirical Corporate Finance (Handbooks in Finance) by B. Espen Eckbo <img border="0" alt="" src="http://ecx.images-amazon.com/images/I/411hDYcM9aL.jpg"/> Handbook of Empirical Corporate Finance, Volume 2: Empirical Corporate Finance (Handbooks in Finance) By B. Espen Eckbo Publisher: North Holland Number Of Pages: 848 Publication Date: 2008-07-01 ISBN-10 / ASIN: 0444530908 ISBN-13 / EAN: 9780444530905 Binding: Hardcover Product Description: In collaboration with the first volume, this Handbook takes stock of the main empirical findings to date across an unprecedented spectrum of corporate finance issues. The surveys are written by leading empirical researchers that remain active in their respective areas of interest. With few exceptions, the writing style makes the chapters accessible to industry practitioners. For doctoral students and seasoned academics, the surveys offer dense roadmaps into the empirical research landscape and provide suggestions for future work. * Nine original chapters summarize research advances and future topics in the classical issues of capital structure choice, corporate investment behavior, and firm value. * Multinational comparisons underline the volume's empirical perspectives * Complements the presentation of econometric issues, banking, and capital acquisition research covered by Volume 1