Topics in Corporate Finance

Corporate finance is an evolving and versatile field that lies at the heart of business decision-making and economic growth. It explores how companies allocate resources, manage risks, and navigate the complexities of global financial markets. Over the years, the discipline has evolved significantly, driven by theoretical advancements, technological innovations, and the growing interconnectedness of economies worldwide. Like the Ship of Theseus, corporate finance invites us to ask whether, after so many transformations, it is still guided by the same principles as in the past, or whether we are facing an entirely new paradigm. This book brings together an array of perspectives to provide readers with a comprehensive understanding of the critical concepts, debates, and trends shaping corporate finance today.
Organized into four sections, the book offers a thematic exploration of corporate finance, ranging from foundational theories to emerging topics that address the challenges and opportunities faced by modern corporations. Each chapter, written by a leading expert in the field, combines theoretical insights with empirical evidence, offering a nuanced view of this subject, and will be of interest to researchers, students, and professionals in corporate finance.

Explores how companies manage resources, risks, and global markets Examines innovations and global trends transforming corporate finance Provides a comprehensive view of key concepts and debates in the field

Autorentext

Stefano Mengoli is Professor of Corporate Finance at the University of Bologna, where he also serves as Program Director of the Degree in Business Administration and Adjunct Director of the Department of Management. He holds a PhD in Financial Markets and has been a Visiting Professor at the London School of Economics. His research interests include corporate governance, family firms, empirical asset pricing, and the role of geography in shaping corporate finance.

Inhalt

Chapter 1: Introduction.- Part I: Corporate Financial Decisions.- Chapter 2: Risk Management.- Chapter 3: Cash Holdings.- Chapter 4: ESG in Corporate Finance.- Chapter 4: Behavioural Corporate Finance.- Chapter 5: Corporate Finance in the Age of Fintech.- Part II: Capital Operations.- Chapter 7: Relationship Lending and Corporate Investment Decisions.- Chapter 8: The Going Public Decision of SME Firms.- Chapter 9: The evolution of the listing propensity of large European firms.- Chapter 10: Seasonal Equity Offerings.- Chapter 11: European Microfinance: Financial Inclusion and Entrepreneurship.- Chapter 12: The Reorganization of Italian Distressed Firms.- Part III: Corporate Finance and Governance.- Chapter 13: Corporate Finance: Origins and Evolution.- Chapter 14: Managerial styles, strategic decisions, and firm outcomes.- Chapter 15: What About Corporate Board Diversity?.- Chapter 16: Family Firms.- Part IV: Investors and Financial Markets.- Chapter 17: Investor Attention on Financial Markets.- Chapter 18: Financial Education.- Chapter 19: Equity Duration.- Chapter 20: Return Connectedness among Selected Asset Classes and Green Bonds.- Chapter 21: Event Studies in Corporate Finance: An Example From Sporting Competitions.