The Art of Capital Restructuring : Creating Shareholder Value Through Mergers and Acquisitions.
Title:
The Art of Capital Restructuring : Creating Shareholder Value Through Mergers and Acquisitions.
Author:
Baker, H. Kent.
ISBN:
9781118030332
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (602 pages)
Series:
Robert W. Kolb Ser. ; v.14
Robert W. Kolb Ser.
Contents:
THE ART OF CAPITAL RESTRUCTURING -- Contents -- Acknowledgments -- 1 Mergers, Acquisitions, and Corporate Restructuring: An Overview -- PART I Background -- 2 Merger Waves -- 3 Takeover Regulation -- 4 Corporate Governance and M&As -- 5 Ethical and Social Issues in M&As -- 6 Theoretical Issues on Mergers, Acquisitions, and Divestitures -- 7 The Short-Term and Long-Term Performance of M&As -- PART II Valuation -- 8 Standard Valuation Methods forM&As -- 9 Real Options and Their Impact on M&As -- 10 The Law and Finance of Control Premiums and Minority Discounts -- 11 Cross-Border Valuation Effects in Developed and EmergingMarkets -- PART III The M&A Deal Process -- 12 Sources of Financing and Means of Payment in M&As -- 13 Cultural Due Diligence -- 14 Negotiation Process, Bargaining Area, and Contingent Payments -- 15 Merger Negotiations: Takeover Process, Selling Procedure, and Deal Initiation -- 16 Postacquisition Planning and Integration -- 17 Organizational and Human Resource Issues in M&As -- PART IV Takeovers and Behavioral Effects -- 18 Takeover Strategies -- 19 Defensive Strategies in Takeovers -- 20 The Impact of Restructuring on Bondholders -- 21 Behavioral Effects in M&As -- PART V Recapitalization and Restructuring -- 22 Financial Restructuring -- 23 Going Private and Leveraged Buyouts -- 24 International Takeovers and Restructuring -- PART VI Special Topics -- 25 Joint Ventures and Strategic Alliances: Alternatives to M&As -- 26 Fairness Opinions in M&As -- 27 How Initial Public Offerings Affect M&A Markets: The Dual Tracking Phenomenon -- 28 The Diversification Discount -- 29 Partial Acquisitions:Motivation and Consequences on Firm Performance -- Answers to End-of-Chapter Discussion Questions -- Index.
Abstract:
The most up-to-date guide on making the right capital restructuring moves The Art of Capital Restructuring provides a fresh look at the current state of mergers, acquisitions, and corporate restructuring around the world. The dynamic nature of M&As requires an evolving understanding of the field, and this book considers several different forms of physical restructuring such as divestitures as well as financial restructuring, which refers to alterations in the capital structure of the firm. The Art of Capital Restructuring not only explains the financial aspects of these transactions but also examines legal, regulatory, tax, ethical, social, and behavioral considerations. In addition to this timely information, coverage also includes discussion of basic concepts, motives, strategies, and techniques as well as their application to increasingly complex, real-world situations. Emphasizes best practices that lead to M&A success Contains important and relevant research studies based on recent developments in the field Comprised of contributed chapters from both experienced professionals and academics, offering a variety of perspectives and a rich interplay of ideas Skillfully blending theory with practice, this book will put you in a better position to make the right decisions with regard to capital restructuring in today's dynamic business world.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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