Musings on Markets

JANUARY 11, 2024

The six classes that I prepped for in those two years ranged from banking to investments to corporate finance, and while I have never worked harder, much of what I teach today came out of those classes. In 1984, I moved on to the University of California at Berkeley, as a visiting lecturer, teaching anything that needed to be taught.

Corporate Finance 128

Corporate Finance Finance Start-ups Dividends 128

Reynolds Holding

DECEMBER 10, 2023

As a capital allocation decision, share buybacks intersect all three of the main corporate finance activities of investing, financing, and dividends [1]. Buybacks for Financing A company can alter the debt-to-equity ratio of its capital structure by issuing debt and/or buying back shares.

Dividends 45

Dividends Total Shareholder Return Corporate Finance Finance 45

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. Finally, tax rate (T) represents taxes associated with interest payments on debt or dividends on equity.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. Finally, tax rate (T) represents taxes associated with interest payments on debt or dividends on equity.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 12, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. Finally, tax rate (T) represents taxes associated with interest payments on debt or dividends on equity.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Harvard Corporate Governance

AUGUST 5, 2022

Share Repurchases on Trial: Large-Sample Evidence on Market Outcomes, Executive Compensation, and Corporate Finances. Tags: Capital allocation , Dividends , Executive Compensation , Firm performance , Incentives , Repurchases , Shareholder value. The Single-Owner Standard and the Public-Private Choice.

Capital Structure 207

Capital Structure Corporate Finance Dividends Technology 207

Brian DeChesare

AUGUST 10, 2022

Complications arise because the dividend payouts do not necessarily follow this 2% / 98% split; there’s usually a set of “tiers” with performance incentives, and the split changes in each tier, similar to the real estate waterfall model. it’s after the interest expense and preferred dividend deductions).

Banking 82

Banking EBITDA Dividends Equity 82