Book description
The most up-to-date guide on making the right capital restructuring moves
The Art of Capital Restructuring provides a fresh look at the
current state of mergers, acquisitions, and corporate restructuring
around the world. The dynamic nature of M&As requires an evolving
understanding of the field, and this book considers several different
forms of physical restructuring such as divestitures as well as
financial restructuring, which refers to alterations in the capital
structure of the firm.
The Art of Capital Restructuring not only explains the
financial aspects of these transactions but also examines legal,
regulatory, tax, ethical, social, and behavioral considerations. In
addition to this timely information, coverage also includes discussion
of basic concepts, motives, strategies, and techniques as well as
their application to increasingly complex, real-world situations.
- Emphasizes best practices that lead to M&A success
- Contains important and relevant research studies based on recent
developments in the field
- Comprised of contributed chapters from both experienced
professionals and academics, offering a variety of perspectives
and a rich interplay of ideas
Skillfully blending theory with practice, this book will put you in a
better position to make the right decisions with regard to capital
restructuring in today's dynamic business world.
H. Kent Baker, PhD, CFA, CMA, is University
Professor of Finance and Kogod Research Professor at the Kogod School
of Business at American University, Washington, D. C. He has published
extensively in leading academic and professional finance journals
including the Journal of Finance, Journal of Financial and
Quantitative Analysis, Financial Management, Financial Analysts
Journal, and Journal of Portfolio Management. He has also
published more than a dozen books including several corporate finance
textbooks. Recognized as one of the most prolific authors in finance
during the past 50 years, Professor Baker has consulting and training
experience with more than 100 organizations.
Halil Kiymaz is Bank of America Chair and Professor of Finance
at the Crummer Graduate School of Business at Rollins College. He
holds the Chartered Financial Analyst (CFA) designation and has served
as a grader for the CFA Institute. Professor Kiymaz maintains an
extensive research agenda focusing on everything from international
M&As to the financial management of multinationals, and has
published more than 50 articles in scholarly and practitioner
journals. He is the recipient of several research awards, including
the McGraw-Hill Irwin Best Paper Award and Outstanding Research Award
at the Global Conference on Business and Finance.
