Reynolds Holding

APRIL 17, 2022

Investors are willing to finance an innovation project when early results from the project – revenue trends, user growth, clinical trial data – reliably indicate future profits. The most innovative part of the economy, the venture capital (VC) market, has evolved structures to address these agency problems. But there’s a catch.

Technology 111

Technology Net Present Value Finance Equity 111

Appraiser Newsroom

FEBRUARY 16, 2022

He has over 21 years of experience in corporate finance, specializing in business and securities valuations, real options and derivative valuations, and risk management. Bob Bartell, CFA , is president of corporate finance for Kroll. Harris Antoniades, Ph.D., a registered SEC broker-dealer and FINRA/SIPC member.

Intangible Assets 52

Intangible Assets Business Valuation Appraisal Corporate Finance 52

Musings on Markets

FEBRUARY 27, 2023

The "Right" Financing Mix Is there an optimal mix of debt and equity for a business? In that case, the optimal debt ratio for a company is the one that maximizes value, not necessarily the one at which the cost of capital is minimized. Do companies optimize financing mix?

Equity 52

Equity EBITDA Start-ups Net Debt 52

Appraiser Newsroom

JULY 5, 2022

Anastis Anastasiou , MBA is a Director in the Forensic & Litigation Consulting segment at FTI Consulting , with an expertise in forensic finance, valuation, dispute advisory and financial investigations. Mr. Anastasiou specializes in digital assets and decentralized finance (“DeFi”).

Business Valuation 40

Business Valuation Intangible Assets Appraisal Finance 40

Reynolds Holding

APRIL 25, 2023

We propose a theory of corporate finance based on the idea that firm managers maximize EPS: the difference between net operating profits and interest expense divided by total shares outstanding. We can broadly classify firms’ corporate behaviors into two categories: growth and value firms. REFERENCES Almeida, H. Graham, J.,

Net Present Value 59

Net Present Value Corporate Finance Finance Equity 59

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 214

Capital Structure Dividends Corporate Finance Technology 214

Brian DeChesare

AUGUST 10, 2022

Integrated Oil & Gas can also work, but at the large banks, you’ll mostly advise huge corporations on prospective asset deals and the occasional financing. Finally, these companies are so big and geopolitically sensitive that significant corporate-level M&A deals are rare. Citi – Analysis of Potential Deal Structures.

Banking 88

Banking EBITDA Dividends Equity 88

Brian DeChesare

JUNE 1, 2022

Companies tend to offer high, stable dividend yields, and they finance their massive capital expenditures primarily with debt , with the highest leverage ratios of any industry outside of financial institutions. Ask the regulators to increase their Authorized ROE, reduce regulatory lag, or permit a different capital structure.

Banking 96

Banking Equity Book Value Capital Structure 96

Brian DeChesare

SEPTEMBER 13, 2023

The catalysts could be anything from quarterly earnings announcements to covenant breaches to announcements of M&A deals, financings, or strategic reviews. But you could also move in from Leveraged Finance or an industry group that does frequent debt deals.

Equity 88

Equity Banking EBITDA Start-ups 88

Brian DeChesare

JULY 27, 2022

Structured Credit – Now you’re buying or selling pools of similar debt obligations rather than single securities or derivatives. See the Structured Finance article for more; subcategories include mortgage-backed securities (MBS), asset-backed loans (ABL), and collateralized loan obligations (CLO). See the example above.

Equity 52

Equity Start-ups Private Equity Firm Beta 52