Corporate Finance Essay Examples - Free Research Paper Topics on StudyDriver.com

Investment in Court Chambers Plc Finance Essay

That is incorrect to keep the goodwill in the balance sheet unchanged, as its value will decrease day by day. The products are sold less and decrease price during the product life time. For example, telephones are at high price at the beginning of the sell. After new and better telephones appear, the selling price and quantities of the old will decrease. The selling of the products represent the goodwill of the company, therefore, it is incorrect to keep the […]

Long Run Performance of Ipos Finance Essay

This dissertation focused on the explanatory factors for IPO’s performance. In the literature several models had been proposed to explain the factors for which investors required to have the knowledge of them. This study had several objectives among which to offered a theoretical comparison of the most renowned asset pricing models (specifically the CAPM & the three-factor model), to investigated the nature or underlying economic reasons for size and book-to-market factors, and to considered the possibility that risk factors were […]

Motivation for Merger or Consolidation Finance Essay

The most used word in MA is synergy, which is the idea that by combining business activities, performance will increase and costs will decrease. Essentially, a business will attempt to merge with another business that has complementary strengths and weaknesses. 2. Diversification / Sharpening Business Focus: These two conflicting goals have been used to describe thousands of M&A transactions. A company that merges to diversify may acquire another company in a seemingly unrelated industry in order to reduce the impact […]

Objectives for Effective Financial Management Finance Essay

The objective of financial management is the same as the objective of a company which is to earn profit. But profit maximization alone cannot be the sole objective of a company. It is a limited objective. If profits are given undue importance then problems may arise as discussed below. The term profit is vague and it involves much more contradictions. Profit maximization must be attempted with a realization of risks involved. A positive relationship exists between risk and profits. So […]

Overview Internal Rate of Return Finance Essay

Assumes that the project will generate future cash flow which is reinvested at IRR. If a project generates low IRR, then it will assume reinvestment at low rate of return and on the other hand if the other project has very high IRR, it will assume reinvestment rate at very high rate of return. But this is not a realistic situation. As at the time the cash flows are generated, will have same investment opportunities is very difficult. In case […]

Rating Agencies Fuelled the Crisis Finance Essay

Not only credit rating has a major influence on capital allocation decisions, it is also a key aspect that managers take into consideration when making capital structures decisions. Indeed, in 2002, the Wall Street Journal indicated that Fiat was focusing on decreasing its debt level since it was “increasingly worried about a possible downgrade of its credit rating”. According to Graham and Harvey’s findings in 2001, CFOs consider credit ratings as the second most important considerations when they determine the […]

Ratio Analysis and Liquidity Ratios Finance Essay

As we can see that the highest current ratio among 2005-2009 is belong to year 2007 which is 1.23. Generally, the higher the current ratio means the better of the firm financial performance. But in year 2009, current ratio decrease to 1.04. It does not seem well in the financial performance of the firm. As we can see that the overall current ratio graph is show unstable while current ratio increase in the first three years and decline in year […]

Technical Fundamental and Empirical Analyses Finance Essay

In this research paper, we are going to describe fundamental, technical and empirical analyses. In order to predict high return and to receive a reward for the risk taken, financial investors and traders use different analysis and models. It is very important which position do investors/traders take toward these analyses. Moreover, by deciding which analyses they will use while investing, it directly and indirectly affects their investments and returns. Every investor investing in financial market in any asset would seek […]

The Modigliani and Miller Theory Finance Essay

The Modigliani Miller Theorem is a linchpin of modern corporate finance. At its core, the theorem is an irrelevance proposition: The Modigliani Miller Theorem provides circumstances under which an enterprise’s financial decisions are independent on its value. Modigliani (1980, pxiii) explains the Theorem as follows: with well-functioning markets (and neutral taxes) and rational investors, who can ‘undo’ the corporate financial structure by holding positive or negative amounts of debt, the market value of the firm – debt plus equity – […]

The Techniques of Measuring Profitability Finance Essay

According to the London School of business & finance, Accounting ratios are defined as a kind of term which is used as describing significant relationship between figures shown in a profit and loss account, on a balance sheet, , in a budgetary control system or in any other part of accounting organization. There are five aspects of business measured by accounting ratios. Profitability of company, Liquidity of company, Asset management of company, Debts management and capital gearing of company, and […]

The Motive Behind Merger and Acquisition Finance Essay

INTRODUCTION Background Mergers and Acquisitions have gained substantial importance in today’s corporate world. This process is extensively used for restructuring the business organizations. Some well known financial organizations also took the necessary initiatives to restructure the corporate sector of India by adopting the mergers and acquisitions policies. TheA Indian economic reform since 1991 has opened up a whole lot of challenges both in the domestic and international spheres. The increased competition in the global market has prompted the Indian companies to […]

A Company Profile of Balfour Beatty Finance Essay

Balfour Beatty provides world class services in infrastructure industry. They operate the lifecycle of infrastructure and have a strong position infrastructure markets. They have four brands in leading market-leading these are Professional services Construction services Support services Infrastructure services They provide main services in creation and care of infrastructure that includes investment, project designing, finance, management services, engineering, and construction services. Their main customers are in United Kingdom, Europe, United States, South East Asia, Australia, and Middle East. They deliver […]

A Explanation of Different Financial Terms Finance Essay

The main objective of the Finance Manager is to manage funds in such a way so as to ensure their optimum utilization and their procurement in a manner that the risk, cost and control considerations are properly balanced in a given situation. To achieve the objective the Finance Manager performs the following functions in the following areas:- The need to estimate/forecast theA requirement of fundsA for both the short term (working capital requirements) and the long term purpose (capital investments). Forecasting the […]

A Financial Evaluation of Mccain Foods Finance Essay

Among all the frozen chips producers in the world ‘McCain food,’ is the best. They are the largest frozen chips producers around the world. McCain food first starts their journey in New Brunswick, Canada in 1957. After some research and development they enter in the UK market at 1960’s. They start their journey as a frozen chips producers in the UK market. Now they became the market leader in the UK. Their market share is almost 45%. They sold almost […]

An Analysis of Pepsico Multinational Company Finance Essay

Corporate Finance, in a nut shell is the effective management of the monetary support of any enterprise. It deals with the financial decisions of the company whereby providing enough tools and analysis for the organization to make strong financial decisions. This is not that simple as it is explained. This forms the base of any corporate organization for it to manage its financial resources and markets. This report critically analyses Pepsi Co.’s financial structure, ratios analysis, risk portfolio, and a […]

Capital Structure is Irrelevant for Studying Corporate Finance Example for Free

What is capital structure? Capital structure is the mixture of sources of funds in cluding long-term debt, specific short-term debt, common equity and preferred equity but excluding all short term credit.. Leverage firm means that firm uses to finance its assets. A firm with a lot of debt in its capital structure is said to be highly levered. A firm with no debt, it is called unleveraged. Difference industies have difference capital structure. Optimal capital structure is how to balance […]

Fama and French Model and Capm Finance Essay

Estimating the expected return of the asset is the fundamental of finance subject and it is vital to the existence of the business. There are two models of asset pricing widely used to calculate the cost of equity: Capital asset pricing model (CAPM) and Fama and French three factor model. This report will critically analyze the strength as well as weakness between two models; also, it will explain the reason why CAPM are widely used by the manager even though […]

Financial Analysis of Alapis Pharmaceutical Firm Finance Essay

ALAPIS SA, a Greek public pharmaceutical firm, employing 741 employees, is engaged in the manufacture and distribution of detergents and cosmetics, veterinary pharmaceuticals, nutritional supplements, animal accessories and organic products, as well as human pharmaceuticals, medical devices and health materials. The Company operates several subsidiaries that supply a variety of pharmaceuticals, medical equipment, and hygienic products to drug stores and hospitals. Animal feeds, pet food and accessories are some of the Company’s veterinary product offerings. ALAPIS S.A.’s cosmetics and detergents […]

Financial Performance of the Nokia Corporation Finance Essay

Nokia Corporation is a Finnish multinational telecommunication corporation having its headquarters’ situated in Keilanieme, Espoo. It is one of the world’s leading mobile phone suppliers and fixed telecom networkers. Nokia’s engaged in the manufacture of mobile devices and in converging Internet and communication industry. It offers an extraordinary Internet services platform called as Ovi which allows all its customers to buy digital content, such as music and videos, get maps for navigation services and manage contacts and photo files online. […]

Financial Resource Management MG Fabrications Plc Finance Essay

It is very important to know that how important is to evaluate the financial performance of a company. When we want to recognise the performance of individuals and particular departments or we want to invest into the business. Either we evaluate the company on the bases of security and risk management or we want to make a business deal with the company. We cover these entire topics while analyzing the financial performance of company. Pamela Peterson drake (2007) Financial analysis: […]

Financial Statement Analysis for Blackmore Company Finance Essay

To get an understanding of Blackmore Company financial position, and what need to be done to improve its performance, some financial ratios were calculated. The liquidity ratios calculated include the current, quick asset, cash and working capital ratio. On management of debt, total debt to total asset, debt to equity, long term debt, and time interest earned and cash ratios. The activity ratio include inventory, receivable, total asset and working capital turnover. Profit margin, return on asset and equity ratio […]

Free to Cash Flow Per Share Finance Essay

Definition: Free to Cash flow also known as FCF is the cash flow available to the firm or its equity holders net of Capital Expenditures Bodie, Kane and Marcus (2009). Jensen (1986) defines FCF as cash flow remaining after all positive net present value projects are funded at the relevant cost of capital. Free to Cash Flow per Share which is a measure of a firm’s financial flexibility and it is determined by dividing the free cash flow by the […]

Going Public in the Stock Market Finance Essay

"Going public" is a term frequently used in the business world. This term can be defined as, the transition of a privately held company to offering its first group of stocks for sale on a common market. (Web definitions). It is important for companies to make decisions that would be beneficial to them. By doing so, they can acquire the necessary monies and resources to accomplish success. Business owners should consider a number of factors prior to going into operations. […]

Impact of Tax on the Choice Finance Essay

The different combination of funds that a firm uses to finance its activities is known as capital structure. Capital can be raised either by using owners’ claim (owner’s savings, issuing ordinary shares or by retaining the earning) or creditors’ claim (borrowings). In other words equity capital structure exists in two forms equity capital and debt capital. Tax affects investors’ and managers’ decision on capital structure choices as it decreases earnings. Graham (2003) states that both personal and corporate tax should […]

Investigation into Data and Variable Construction Finance Essay

The corporate dividend policy is the one of the very important issue of advance corporate finance. John Linter (1956) developed the dividend model which becomes very famous and known as Linter Partial Adjustment Model. According to the Linter each firms i has target dividend payout ratio (ri). By using the target payout ratio linter calculated the target dividend at time (Dit*) as percentage of net earnings of the firms i at the time t (Eit), i.e Dit*= ri. Eit. In […]

Objectives and General Principles of Mergers Finance Essay

The panel of mergers and takeovers was established in 1968, in U.K, and since then has worked as an administrating body of the city code on mergers and takeovers. The fundamental objective of this body is to ensure that all the shareholders are treated fairly, on an equal basis, in cases of mergers and takeovers. The panel of takeovers and mergers is a chief body in U.K who acts as a regulator on these issues. The pillars/ proposition on which […]

Reduce the Cost of External Financing Finance Essay

The main objective of working capital management is to conserve an optimal balance among each of the working capital contraption. Business success heavily depends on the financial executives’ capability to efficiently manage receivables and loans, account, and payables (Filbeck and Krueger, 2005). Firms can diminish their bankrolling costs and raise the funds available for development projects by reducing the amount of speculation tied up in current assets. Van Horne (1995) explains that, working capital management is the administration of current […]

Regulatory Framework of UK Financial Market Finance Essay

The Financial Services Authority (FSA) is an independent non-governmental body (quasi-judicial body) and a company limited by guarantee that regulates the financial services industry in the United Kingdom. It aims to promote efficient, orderly and fair financial markets, to help retail consumers achieve a fair deal and to improve its business capability and effectiveness. The Financial Services and Markets Act 2000 (FSMA) gives the FSA following statutory objectives: Statutory objectives The Financial Services and Markets Act imposed five statutory objectives […]

Stock Valuation and Analysis of Proton Finance Essay

1.0 Introduction This report shows our stock valuation on Proton that is listed on Bursa Malaysia, by using 2009 as the latest financial year. Fundamental analysis framework is being used. First, we start with the qualitative aspects of a company like Business Model, Competitive Advantages, Management, Financial and Information Transparency, Government’s Role, Customers, and finally Latest News. This will be shown on sector Qualitative factors section. Next we dive deeper to company analysis. We estimate the intrinsic value of the […]

Study on Discounted Cash Flow Techniques Finance Essay

In current practice, managers use DCF (discounted cash flow) and Traditional method analysis to estimate the investment in financial terms. In DCF method considers the time value of money in which reduces the time value of money progressively and it consist with NPV (Net Present Value) approach and IRR (Internal Rate of Return method). This could lead to more popularize investment appraisal techniques among the managers. A valuation method used to evaluate the attractiveness of an investment opportunity. DCF analysis […]

Corporate Finance Essays