Books profiles

2018-05-21

Corporate Debt Management


Pages: 100

Trade Paper: ISBN 9788885486355; $24,95

Author:  Alberto Dell'Acqua

 

Table of Contents

 

Introduction


1 Theories of Debt
1.1 Introduction
1.2 The economic advantages of debt
1.3 The economic disadvantages of debt
1.4 Economic-financial convenience of debt and Trade-off Theory
1.5 Hierarchy of funding choices and Pecking Order Theory
1.6 Conflicts of interest between managers and shareholders and Agency Theory
1.7 Capital structure and Market Timing Theory
1.8 Capital structure and functioning of the financial system
1.9 Conclusions and implications for management

 

2 Measuring and Choosing Optimal Debt
2.1 Introduction
2.2 Definition and interpretation of cost of capital
2.3 Calculation of cost of capital (application)
2.4 Determination of optimal D/E ratio through WACC
2.5 The financial plan and determination of the D/E goal
2.6 Conclusions

 

3. Debt Instruments
3.1 Introduction
3.2 The financing needs of companies
3.3 Financing choices
3.4 Short-term debt
3.5 Medium/long-term debt
3.6 Hybrid instruments
3.7 Conclusions

 

4 The Strategic Management of Debt
4.1 Introduction
4.2 Corporate debt strategies
4.3 Strategic choices regarding debt
4.4 Conclusions

 

Bibliography

Corporate Debt Management