000 01944nam a22002177a 4500
005 20241114184706.0
008 241114b |||||||| |||| 00| 0 eng d
020 _a9781944660628
082 _a332.642
_bDEM
100 _aDempsey, Michael
_918274
245 _aStock markets and corporate finance:
_ba primer
260 _bWorld Scientific Publishing Europe Ltd.
_aLondon
_c2023
300 _axxii, 350 p.
365 _aINR
_b1395.00
520 _aThis book examines the nature of the stock market and its implications for corporate management. It provides an introduction to core issues in finance and differs from traditional textbooks in its recognition that "finance is not physics" — in the sense that how markets behave today is not necessarily how they will behave tomorrow. Nevertheless, a certain level of "physics" can be recognized as underpinning the development of stock market valuations and corporate financial decision-making. In short, the objective of the text is to instill insight in regards to the functioning of markets and corporate behavior, as opposed to algebraic derivations from unrealistic assumptions. Rather than subscribe unthinkingly to an "efficient market hypothesis", at each stage of the development of the text's conceptual framework, we also recognize the reality of market "sentiment" and the fundamental uncertainty that managers face in their decisions. Based around a teaching programme with worked questions and solutions, Stock Markets and Corporate Finance is the perfect accompaniment for MBA, undergraduate and graduate students looking for a critical textbook on the nature of the financial sector and corporate finance. (https://www.worldscientific.com/worldscibooks/10.1142/q0094#t=aboutBook)
650 _aStock exchanges -- History
_918652
650 _aStocks -- Prices
650 _a Corporations -- Finance
650 _aCorporations -- Valuation
_9680
942 _cBK
_2ddc
999 _c7740
_d7740