公司融资决策与有效资本市场(英文版)(ppt 30页).pptVIP

Chapter Outline 13.1 Can Financing Decisions Create Value? 13.2 A Description of Efficient Capital Markets 13.3 The Different Types of Efficiency 13.4 The Evidence 13.5 Implications for Corporate Finance 13.6 Summary and Conclusions 13.1 Can Financing Decisions Create Value? Earlier parts of the book show how to evaluate investment projects according the NPV criterion. The next five chapters concern financing decisions. What Sort of Financing Decisions? Typical financing decisions include: How much debt and equity to sell When (or if) to pay dividends When to sell debt and equity Just as we ca