Handbook of Empirical Corporate Finance Empirical Corporate Finance Volume 2

Handbook of Empirical Corporate FinanceEmpirical Corporate Finance\nAuthor(s): Bjrn Espen Eckbo\nFormat: Hardback\nPublisher: Elsevier Science & Technology, United States\nImprint: North-Holland\nISBN-13: 9780444530905, 978-0444530905\nSynopsis\nThis second volume of a two-part series examines three major topics. First, it devotes five chapters to the classical issue of capital structure choice. Second, it focuses on the value-implications of major corporate investment and restructuring decisions, and then concludes by surveying the role of pay-for-performance type executive compensation contracts on managerial incentives and risk-taking behavior. In collaboration with the first volume, this handbook takes stock of the main empirical findings to date across an unprecedented spectrum of corporate finance issues. The surveys are written by leading empirical researchers that remain active in their respective areas of interest. With few exceptions, the writing style makes the chapte.