Corporate Financial Decisions and Market Value

The book deals with several aspects of the impact of corporate financial decisions on market value. In particular, the implications of market efficiency for prices and dividends are examined in details through both analytical methods and numerical simulations. The book also analyzes: a) the effects of a firm's dividend policy on market value and, b) the influence of ownership structure on shareholder wealth. The book belongs to the area of mathematical economics and is intended to appeal to mathematical economists as well as economists and mathematicians.