000 | 01944nam a22002177a 4500 | ||
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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 |
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260 |
_bWorld Scientific Publishing Europe Ltd. _aLondon _c2023 |
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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 |
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650 | _aStocks -- Prices | ||
650 | _a Corporations -- Finance | ||
650 |
_aCorporations -- Valuation _9680 |
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942 |
_cBK _2ddc |
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999 |
_c7740 _d7740 |