[教材书籍] 英文扫描版 Corporate Finance and Capital Structure: A Theoretical Introduction [推广有奖]

作者是Kentaro Asai 。
2020年出的一本薄薄的小书，可供学习公司金融理论的学生当阅读经典论文的参考书用。

目录

1. Introduction

1.1 What This Book Is About

1.2 Chapter Overview

2. Capital Structure Choice in a Frictionless World

2.1 Frictionless Capital Market

2.2 Additivity and Uniqueness of Security Valuation

2.3 Neutrality of Capital Structure

2.4 Discussion

3. Trade-Off Theory

3.1 Criticism Against Modigliani and Miller

3.2 Tax Benefit of Debt and Bankruptcy Costs

3.3 Empirical Evidence

3.4 Discussion

4. Agency Theory

4.1 Overview

4.2 Safe Debt Can Mitigate Agency Problem

4.3 Risky Debt Can Aggravate Agency Problem

4.4 Debt Overhang and Risk Shifting

4.5 Discussion

5. Security Design

5.1 Overview

5.2 Optimal Risk Sharing with Moral Hazard

5.3 Financial Contract Under Limited Liability

5.4 Financial Contract Under Costly State Verification

5.5 Optimal Allocation of Control Rights

5.6 Discussion

6. Asymmetric Information

6.1 Overview

6.2 Underpricing in IPO

6.3 Signalling Through Retained Ownership

6.4 Signalling Through Debt

6.5 Pecking-Order Versus Trade-Off Theory

6.6 Discussion

7. Continuous-Time Model

7.1 Overview

7.2 Derivative Valuation Model

7.3 Capital Structure Irrelevance Revisited

7.4 Derivative Valuation Under Stationary Case

7.5 Trade-Off Theory Revisited

7.6 Discussion

8. Capital Structure of a Bank

8.1 Two Roles of a Bank

8.2 Bank Run and Deposit Insurance

8.3 Unintended Consequence of Deposit Insurance

8.4 Capital Regulation

8.5 Ongoing Debate on Capital Regulation

8.6 Discussion

Index