August 2010
Intermediate to advanced
196 pages
4h 16m
English
Content preview from Corporate Investment Decisions
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The completion of this book coincides with a period in time in which the already complex process of making investment decisions is further complicated by ongoing economic and financial circumstances. Although the United States appears to be recovering from the recession, high levels of uncertainty remain regarding the speed of economic recovery and the damage inflicted on the financial institutions, which then, in turn, impact the financial markets. Banks continue to appear reluctant to lend, and equity investors are understandably cautious with such factors impacting both the amount of finance available for capital investment and the cost of such finance. Firms also face additional financial constraints from declining profitability ...
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