Table of contents
CREATING VALUE: THE APPROPRIATE USE OF CAPITAL BUDGETING
Michael C. Ehrhardt, James M. ReeveTraditional approaches to capital budgeting may be inadequate in today's complex business environment. This paper identifies problems with a narrow approach to capital budgeting…
GLOBAL ACCOUNTING STANDARD STATEMENT: BASIS FOR INCREASED VALUE
John C. Groth, Clair J. NixonAdoption of mental horizons of a global nature have prompted a variety of interests and developments. The trend will continue, especially in the areas of economics and business…
THE ELUSIVE TAX GAIN ON DEBT
James Kolari, Asghar ZardkoohiThe now‐famous work of Modigliani and Miller (MM) (1) asserted that firms should prefer to use debt over equity in financing assets. That prescription holds that there exists…
TAX SCENARIOS & VALUE CREATION: POST 1992 EUROPE
Michael R. Kinney, John C. GrothThe prescription for 1992 for the European Community calls for the completion of the Internal Market and the absence of many of the fiscal and physical barriers to the movement of…
EXCHANGE RATE EXPOSURE MANAGEMENT AND EFFICIENCY OF THE MARKETS: INSIGHTS AND IMPLICATIONS
Arvind Mahajan, Dileep R. MehtaThe issue of exposure management, a significant subset of international financial management, is closely intertwined with the notions of foreign exchange risk and exchange market…
THE SEARCH FOR VALUE
M. Richard SussmanThe article discusses the search for value by focusing on the known and the obvious, rather than offering new hypotheses, models and statistics. It reminds the reader that there…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson