TAILIEUCHUNG - Lecture Managerial finance - Chapter 19: Initial public offerings, investment banking, and financial restructuring

Chapter 19 - Initial public offerings, Investment banking, Financial restructuring. This chapter presents the following content: Initial public offerings, investment banking and regulation, the maturity structure of debt, the risk structure of debt. | CHAPTER 19 Initial Public Offerings, Investment Banking, and Financial Restructuring Topics in Chapter Initial Public Offerings Investment Banking and Regulation The Maturity Structure of Debt The Risk Structure of Debt What agencies regulate securities markets? The Securities and Exchange Commission (SEC) regulates: Interstate public offerings. National stock exchanges. Trading by corporate insiders. The corporate proxy process. The Federal Reserve Board controls margin requirements. (More.) States control the issuance of securities within their boundaries. The securities industry, through the exchanges and the National Association of Securities Dealers (NASD), takes actions to ensure the integrity and credibility of the trading system. Why is it important that securities markets be tightly regulated? How are start-up firms usually financed? Founder’s resources Angels Venture capital funds Most capital in fund is provided by institutional investors Managers of fund are

• Tài chính doanh nghiệp
• Managerial finance
• Lecture Managerial finance
• Financial statements
• Initial public offerings
• Investment banking
• Financial restructuring
• Principles of managerial finance
• Lecture Principles of managerial finance
• Environment of managerial finance
• Financial services
• Career opportunities
• Financial analysis
• Cash flow
• Financial planning
• Time value of money
• Future calue
• Risk and Return Fundamentals
• Interest rates
• Bond valuation
• Stock valuation
• Equity capital
• International managerial finance
• Capital budgeting cash flow
• Incremental cash flows
• Capital budgeting techniques
• Net present value
• The cost of capital
• Cost of long term debt
• Marginal cost
• Breakeven analysis
• Capital structure
• Operating breakeven point
• Working capital
• Current asset management
• Spontaneous liabilities
• Accounts payable management
• Short term loans
• Financial options
• Corporate finance
• Option terminology
• Dividend policy
• The financial market environment
• Corporate governance
• Managerial behavior
• Stock options
• Capital budgeting cash flows
• Payout policy
• Current liabilities management
• Business organization
• Maximize wealth
• Financial securities
• Free cash flows
• Future value
• Present value
• Rates of return
• Balance sheet
• Personal taxes