This textbook on Corporate Finance deals with the different sources of funding and the capital structure of corporations (excluding financial institutions), the decisions that managers can take to increase enterprise value as well as the tools and analysis used to allocate financial resources.

After affecting all sectors of commerce, the digital revolution has now hit the financial sector, a sector that is protected by a specific regulatory environment.

From the start of the financial crisis in 2007, which turned into an economic crisis soon afterwards, it was obvious that public law could not prevent the genesis of this crisis. But is there also a connection between private law and the outbreak of the financial and economic crisis? This thought-provoking book shows that private law provides as many useful institutions, mechanisms and instruments against the emergence of such a crisis as pub...

This booklet contains the lecture given by Paul Jorion at the occasion of his acceptance of the chair “Stewardship of Finance” at the Vrije Universiteit Brussels.

This book deals with the endeavor of national and supranational legislators to develop more attractive corporate legal forms and investment frameworks. It focuses on some recent national corporate law reforms, the newly introduced European legal form Societas Europaea and the choice of law in corporate debt securities.

The book aims at practitioners, executive and market professionals from the banking and securities industry as well as academics, who want to update their insights and knowledge about the profound changes in securities trading, clearing and settlement in Europe. Readers will find state-of-the-art discussions about MiFID, T2S and so on.

Like many other markets, stock markets are characterised by asymmetric information. If investors cannot distinguish high-quality from low-quality securities, they will value all securities as average resulting in the well known market for lemons. How can high-quality listed companies communicate with stock markets to distinguish themselves from low-quality listed companies?

This book discusses the effectiveness of four traditional corporate governance mechanisms: board of directors, audit committee, internal control and audit, external audit) as monitoring and (to a lesser extent) entrepreneurial devices.