Finance – Fundamental Problems and Solutions (SpringerBriefs in Business)

0 avg rating
( 0 ratings by Goodreads )
 
9783642305115: Finance – Fundamental Problems and Solutions (SpringerBriefs in Business)

As indicated by the title, this book focuses on fundamental problems in finance: a logical dilemma in valuation, stock valuation methods/models, risk valuation, and optimal capital structure. It presents an innovative approach to logic and quantitative reasoning (without advanced mathematics) that delivers valuable results ---- convincing solutions to these problems. Readers in finance will definitely be interested in these solutions as well as the methods. In fact, these fundamental problems are essential in the field of finance, and they have remained unsolved (or partly unsolved) for decades. The solutions offered in this book are all sound in theory and feasible in practice, and will hopefully benefit both theoretic al research and practical decision-making.

"synopsis" may belong to another edition of this title.

About the Author:

Zhiqiang Zhang is an associate professor in the finance area at the School of Business, Renmin University of China. He currently teaches courses on corporate finance, valuation, real options etc. for the undergraduate and graduate students as well as MBA students. His primary research interests are in corporate finance and asset pricing. He has published more than 30 papers in domestic and international journals, and he has written and translated (from English to Chinese) more than 10 books in the area of finance.

His research can be summarized as three series in finance. The first series mainly concerns valuation, where he develops a brand-new approach. Based on the new valuation method, he creates a new stock valuation model, which can overcome most of the shortcomings of traditional models (such as the Gordon growth model); he further derives the theoretical models of P/E, P/B, and P/S, which are useful in stock and portfolio valuation as well as stock market bubble measuring. The second series mainly focuses on incorporating risk into valuation. He derives the theoretical models of certainty equivalents, risk equivalents (a brand new method for assessing risk), risk premiums and the new capital asset pricing model (CAPM), which accounts for both systematic and non-systematic risks. This may be the most important advance in this area since Sharpe’s CAPM (1964). The third series primarily examines firm’s capital structure decisions. Here the author solves the problem of optimal capital structure by creating new models of tax shield and bankruptcy cost and further deriving the optimal capital structure model based on the trade-off between the tax shield and the bankruptcy cost, potentially the most essential progress in this area since MM model I and II (1958 and 1963).

All solutions and models presented are theoretical and decision-oriented, and hence have broad application potential in academic research as well as in practical decision-making, especially in valuation, investment, capital budgeting, risk management, financing and capital structure decision, etc.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Zhang, Zhiqiang
Published by Springer (2017)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: > 20
Print on Demand
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Springer, 2017. Paperback. Book Condition: New. Never used! This item is printed on demand. Bookseller Inventory # 3642305113

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 54.17
Convert Currency

Add to Basket

Shipping: US$ 1.99
Within U.S.A.
Destination, Rates & Speeds

2.

Zhang, Zhiqiang
Published by Springer-Verlag Berlin and Heidelberg GmbH and Co. KG (2013)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Quantity Available: > 20
Print on Demand
Seller:
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description Springer-Verlag Berlin and Heidelberg GmbH and Co. KG, 2013. PAP. Book Condition: New. New Book. Delivered from our US warehouse in 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND.Established seller since 2000. Bookseller Inventory # IP-9783642305115

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 44.47
Convert Currency

Add to Basket

Shipping: US$ 11.87
From United Kingdom to U.S.A.
Destination, Rates & Speeds

3.

Zhiqiang Zhang
Published by Springer-Verlag Berlin and Heidelberg GmbH and Co. KG (2013)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Quantity Available: > 20
Print on Demand
Seller:
Pbshop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description Springer-Verlag Berlin and Heidelberg GmbH and Co. KG, 2013. PAP. Book Condition: New. New Book.Shipped from US within 10 to 14 business days.THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Bookseller Inventory # IP-9783642305115

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.27
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Zhiqiang Zhang
Published by Springer-Verlag Berlin and Heidelberg GmbH & Co. K
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: > 20
Seller:
BuySomeBooks
(Las Vegas, NV, U.S.A.)
Rating
[?]

Book Description Springer-Verlag Berlin and Heidelberg GmbH & Co. K. Paperback. Book Condition: New. Paperback. 120 pages. the subject is about the fundamental problems in finance: a logic dilemma in valuation, stock valuation methodmodel, risk valuation, optimal capital structure. My method is an innovative logic and quantitative reasoning (without advanced mathematics). I got satisfied results ---- convincing solutions to these problems. Readers in finance area are definitely interested in these solutions as well as the methods. As a mater of fact, these fundamental problems are all on the top concern in finance, and they have remained unsolved (or partly unsolved) for decades. Solutions in this book are all sound in theory and feasible in practice. Theoretically research and practical decision-making are hopefully to be enhanced with these solutions. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Bookseller Inventory # 9783642305115

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 66.41
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

5.

Zhang, Zhiqiang
Published by Springer (2016)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: 1
Print on Demand
Seller:
Ria Christie Collections
(Uxbridge, United Kingdom)
Rating
[?]

Book Description Springer, 2016. Paperback. Book Condition: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Bookseller Inventory # ria9783642305115_lsuk

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 64.32
Convert Currency

Add to Basket

Shipping: US$ 5.10
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

ZHIQIANG ZHANG
Published by Springer (2013)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: 1
Seller:
Herb Tandree Philosophy Books
(Stroud, GLOS, United Kingdom)
Rating
[?]

Book Description Springer, 2013. Paperback. Book Condition: NEW. 9783642305115 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. Bookseller Inventory # HTANDREE0359261

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 61.14
Convert Currency

Add to Basket

Shipping: US$ 10.55
From United Kingdom to U.S.A.
Destination, Rates & Speeds

7.

Zhang, Zhiqiang
Published by Springer
ISBN 10: 3642305113 ISBN 13: 9783642305115
New PAPERBACK Quantity Available: > 20
Seller:
Russell Books
(Victoria, BC, Canada)
Rating
[?]

Book Description Springer. PAPERBACK. Book Condition: New. 3642305113 Special order direct from the distributor. Bookseller Inventory # ING9783642305115

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 67.49
Convert Currency

Add to Basket

Shipping: US$ 7.00
From Canada to U.S.A.
Destination, Rates & Speeds

8.

Zhang, Zhiqiang
Published by Springer Verlag (2013)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: 2
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description Springer Verlag, 2013. Paperback. Book Condition: Brand New. 2014 edition. 96 pages. 9.00x6.00x0.25 inches. In Stock. Bookseller Inventory # x-3642305113

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 67.87
Convert Currency

Add to Basket

Shipping: US$ 7.91
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

Zhiqiang Zhang
Published by Springer (2013)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description Springer, 2013. Paperback. Book Condition: New. book. Bookseller Inventory # M3642305113

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 81.79
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

10.

Zhiqiang Zhang
Published by Springer-Verlag Berlin and Heidelberg GmbH Co. KG, Germany (2013)
ISBN 10: 3642305113 ISBN 13: 9783642305115
New Paperback Quantity Available: > 20
Print on Demand
Seller:
The Book Depository EURO
(London, United Kingdom)
Rating
[?]

Book Description Springer-Verlag Berlin and Heidelberg GmbH Co. KG, Germany, 2013. Paperback. Book Condition: New. 2014 ed.. Language: English . Brand New Book ***** Print on Demand *****.As indicated by the title, this book focuses on fundamental problems in finance: a logical dilemma in valuation, stock valuation methods/models, risk valuation, and optimal capital structure. It presents an innovative approach to logic and quantitative reasoning (without advanced mathematics) that delivers valuable results ---- convincing solutions to these problems. Readers in finance will definitely be interested in these solutions as well as the methods. In fact, these fundamental problems are essential in the field of finance, and they have remained unsolved (or partly unsolved) for decades. The solutions offered in this book are all sound in theory and feasible in practice, and will hopefully benefit both theoretic al research and practical decision-making. Bookseller Inventory # APC9783642305115

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 82.48
Convert Currency

Add to Basket

Shipping: US$ 3.96
From United Kingdom to U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book