Investment Banking

While mainstream financial theories and applications assume that asset returns are normally distributed, overwhelming empirical evidence shows otherwise. Yet many professionals don't appreciate the highly statistical models that take this empirical evidence into consideration. Fat-Tailed and Skewed Asset Return Distributions examines this dilemma and offers readers a less technical look at how portfolio selection, risk management, and option pricing modeling should and can be undertaken when the assumption of a non-normal distribution for asset returns is violated. Topics covered in this comprehensive book include an extensive discussion of probability distributions, estimating probability distributions, portfolio selection, alternative risk measures, and much more. Fat-Tailed and Skewed Asset Return Distributions provides a bridge between the highly technical theory of statistical distributional analysis, stochastic processes, and econometrics of financial returns and real-world risk management and investments.

Zum Werk<BR>Dieses handliche Lexikon hat sich als schneller und hilfreicher Ratgeber im Bereich M & A und Corporate Finance etabliert. Was ist eine "Bad Bank", ein "Credit Crunch" oder ein "Business Angel"? Was ist ein "Term Sheet", "SoFFin" oder "SPA"?<BR>In der Welt von M&A und Corporate Finance wird eine Vielzahl von Spezialbegriffen und Abkürzungen verwendet, die man aus dem deutschen Rechtsverständnis heraus nicht leicht erschließen kann. Mit solchen Begriffen werden Wirtschaftsjuristinnen und -juristen, aber auch in diesem Feld tätige Unternehmensjuristinnen und -juristen, Beraterinnen und Berater und Banken ständig konfrontiert. Da sie sich zumeist aus dem Englischen entwickelt haben, herrscht bei ihrer Verwendung in der Regel große Unsicherheit. Damit räumt dieser Titel auf. Mehr als 600 Spezialbegriffe von "AAA-Rating" bis "Zero-Bond" werden in dieser bislang einzigartigen lexikalischen Darstellung knapp und präzise erläutert.<BR><BR>Vorteile auf einen Blick- knappe und präzise Erläuterungen- über 600 Spezialbegriffe aus der Praxis- erfahrenes Autorenteam<BR>Zur Neuauflage<BR>Die Neuauflage bringt das Werk im größeren Handbuch-Format und damit besser lesbar insgesamt auf den aktuellen Stand 1.1.2025 und bietet zahlreiche neue Begriffe und Erläuterungen.<BR><BR>Zielgruppe<BR>Für Juristenschaft in Unternehmen und Banken, Anwaltschaft in Wirtschaftskanzleien, Wirtschaftsprüferinnen und Wirtschaftsprüfer und Steuerberatung, Unternehmens- und Geschäftsführung.

This is Warren Buffett's complete shareholder letters from 1965 to 2024. 60 years of unfiltered insight into how the world's most successful investor built Berkshire Hathaway from a tiny textile company into a trillion-dollar compounding machine.If you want summaries and sound bites, other books will do the job. If you want the unfiltered record, this is it. No hindsight, no editing, no interpretation - just the raw evolution of his thinking as Berkshire's story unfolded year by year.You'll find candid mistakes that shaped future decisions, and the gradual development of principles that became investing gospel. Buffett walks you through capital allocation, incentive design, market panics, and the human side of great businesses, year by year. Includes charts that show visually how Berkshire grew, plus comprehensive indexes of topics, companies, and people for easy reference.Warren Buffett himself keeps copies of this book in his office and refers to them regularly. For serious students of business and investing, this is the primary source.You can read the PDFs for free online, but this carefully designed book makes for a dramatically better reading experience. Easy to flip through, highlight, and reference the way Buffett himself does.

This book covers the most recent initiatives in the Malaysian capital market. In doing so, it discusses the Leading Entrepreneur Accelerator Platform Market (LEAP Market), and Special Purpose Acquisition Company (SPAC).With regard to the LEAP Market, the book elaborates on its inception, value proposition, governance, performance, issues, and strengths. It also compares LEAP Market with the Main and ACE Markets, and draws the experience of the Korea New Exchange (KONEX) for LEAP Market to emulate and improve its operation, showing how KONEX provides valuable lessons for Malaysia's LEAP Market, as the former has two times more listed firms than the latter. Similarly, the book also includes discussions on the inception of SPAC, its features, volumes, risk, issues, strength, life cycle and time frame of SPAC IPO, and includes case studies of the four firms listed under SPAC IPO. Put together, the book offers a compilation of facts, analysis and insights from these new market initiatives, and provides a reference for the financial market industry, regulators, market practitioners, analysts, researchers, government authorities and universities.

Führende Experten beleuchten aktuelle Rechts- und Praxisentwicklungen im Bereich der Unternehmensübernahmen und -zusammenschlüsse. Die Themen umfassen die Auswirkungen des neuen Aktienrechts auf M&A, die Non-Compete, Non-Solicitation und Retention Agreements, die in der Praxis hochrelevanten Aspekte der beruflichen Vorsorge in M&A-Transaktionen, einen Überblick über die weltweite Verbreitung und den Stand der Direktinvestitionskontrolle, die M&A-Entwicklung im Spannungsfeld von COVID-19 sowie die Ausstiegsmöglichkeiten aus bereits vereinbarten M&A-Transaktionen.

IFRS do not specify how to account for business combinations under common control (BCUCC). This study examines the practice, determinants, and earnings quality of different accounting methods used for BCUCC. A descriptive analysis presents the accounting and disclosure practice. Based on the identified accounting methods (acquisition method and book value method), an empirical analysis sheds light on determinants that drive the accounting method choice. Moreover, the consequences of the accounting method choices are investigated with respect to the extent to which companies can manage or even manipulate earnings. Findings of this study have important implications for the IASB's research project on BCUCC, users and preparers of financial statements, auditors, and enforcement institutions.

This book is the first of its kind to provide a critical overview and theoretical analysis of the Circular Economy from Shariah and Islamic Finance perspectives. The book is divided into three parts. The contributing authors pay close attention to Islamic Finance in light of sustainability and value creation. It also includes case studies on the Circular Economy application in Islamic Finance industry. The book is of interest to academics, students, and practitioners on Islamic Economics and Finance who have an interest in understanding the Circular Economy under the lens of Islamic Finance principles and applications.

HC gerader Rücken kaschiert

Paperback

¿Estás buscando generar un ingreso pasivo, recibiendo todos los meses el pago de los dividendos de las acciones, pero no tienes idea de cómo hacerlo tú mismo? ¿Estás listo para empezar a construir finalmente la riqueza que has esperado para tu familia?Si eres un principiante en la inversión de dividendos y no tienes ni idea de cómo iniciar, ¡este libro es la respuesta que has estado buscando!Es hora de aprender qué son los dividendos, y cómo empezar a ser pagado por las empresas en las que se compran acciones. En este libro, aprenderás los detalles de la inversión de dividendos desde el principio. También obtendrás algunos consejos sobre cuáles son las mejores acciones de dividendos y cómo detectar un fallo en ellas.También te daremos algunas ideas sobre inversiones no convencionales que pueden dar grandes beneficios, ayudándote a aumentar tu riqueza y a disfrutar del lujo de que los pagos de los ingresos de los dividendos lleguen a tu cuenta cada trimestre, permitiéndote vivir una vida libre con un ingreso pasivo.Esto es lo que aprenderás en esta guía:Explicaciones claras y sencillas sobre la inversión en planes de dividendos y los beneficios que puedes obtenerLa anatomía de la inversión de dividendos y cómo elegir las acciones de dividendos, así como cuándo comprarlasAprende los principales errores cometidos por los nuevos inversores de dividendos y cómo evitarlos.Examen de las mejores estrategias de inversión y sinopsisComprensión de las acciones de dividendos y características de las acciones de dividendosCómo usar el filtro de dividendos de acciones¡Y mucho más!La inversión de dividendos es una estrategia de inversión probada que realmente funciona y cualquiera puede hacerlo, incluso si no sabes nada en absoluto sobre el mercado de valores. Cuando tienes acciones de dividendos, tu dinero trabaja para ti, ya sea que estés en la oficina o en la playa, accederás al camino probado de la riqueza.Entonces, ¿qué estás esperando? Es hora de aprender una estrategia probada que elimine el estrés de la inversión. Desplázate hacia arriba y haz clic en el botón "Comprar ahora", ¡ahora mismo!

This book addresses the mechanism of enrichment of heavy elements in galaxies, a long standing problem in astronomy. It mainly focuses on explaining the origin of heavy elements by performing state-of-the-art, high-resolution hydrodynamic simulations of dwarf galaxies. In this book, the author successfully develops a model of galactic chemodynamical evolution by means of which the neutron star mergers can be used to explain the observed abundance pattern of the heavy elements synthesized by the rapid neutron capture process, such as europium, gold, and uranium in the Local Group dwarf galaxies. The book argues that heavy elements are significant indicators of the evolutionary history of the early galaxies, and presents theoretical findings that open new avenues to understanding the formation and evolution of galaxies based on the abundance of heavy elements in metal-poor stars.

Paperback

Valuation: Theories and Concepts provides an understanding on how to value companies that employ non-standard accounting procedures, particularly companies in emerging markets and those that require a wider variety of options than standard texts provide. The book offers a broader, more holistic perspective that is perfectly suited to companies and worldwide markets. By emphasizing cases on valuation, including mergers and acquisition valuation, it responds to the growing expectation that students and professionals must generate comprehensive perspectives based on thorough investigations and a library of valuation theories. Readers will gain a better understanding of the development of complete analyses, including trend analysis of financial parameters, ratio analysis, and differing perspectives on valuation and strategic initiatives. Case studies include stock market performance and synergies and the intrinsic value of the firm are compared with offer price. In addition, full data sets for each chapter are available online.