Table of contents
What Should A Company's Objectives Be?
Grenville S. AndrewsSuccessful management practice is, to many, an area of mystery. The incredible complexity involved in successful decision making is too often taken for granted. Kotler, a leading…
How Are The Firms' Securities Valued?
Lynne M. WardThis article contrasts the traditional and the modern approaches to the valuation of securities. The new ideas are straightforward and the models simply describe the way in which…
How Should Firms Assess New Projects?
Neil ParkerModern financial theory has changed our way of thinking about numerous issues on the practical side of finance, many of which were previously regarded as the sacrosanct domain of…
How Much Should A Firm Borrow?
Richard Dobbins, Richard PikeFirms should borrow a lot to finance their investment schedules, because interest payable on borrowings is tax deductible. However, firms should not borrow beyond the point where…
How Much Should A Firm Pay in Dividends?
Richard Dobbins, Stephen F WittThe objective of the firm is to maximise the wealth of its owners. If corporate managers can maximise the market value of the firm by manipulating dividend payments, then they…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson