Praise for Private Equity "Harold Bierman has blended an excellent mix of important principles with real case study examples for a better understanding on a rather sophisticated finance subject." -Edward M. Dudley, Vice President & General Auditor, ABB Americas "The role of private equity firms in financing buyouts as well as providing growth capital has expanded significantly in the past decade. In a clear, concise way, Harold Bierman provides a timely and astute analysis of the virtues of private equity as well as creative quantitative methodologies that are applicable to real-life transactions. This book should become essential reading for investors, intermediaries, financial advisors and the management of private, almost private, or soon-to-be private firms." -James A. Rowan Jr., Managing Director, Investment Banking Legg Mason Wood Walker, Inc. "As the private equity asset class has grown to over $300 billion in the last three years, Bierman analyzes the fundamentals behind the investment decisions of this increasingly important sector. Once completing the book, you will understand the fundamental analytical framework underlying private equity investment." -Peter Nolan, Partner, Leonard Green and Partners "In looking at the private equity arena, Professor Bierman has brought together a diverse group of metrics and valuation formulas into a single text. The book provides a valuable combination of academic theory and real-life case studies. It provides many insights." -Peter H. Vogel, Vice President, MeadWestvaco Corporation
Fully updated and revised by international authorities on the topic, this new version of a classic and established text returns to its roots as a clear and concise introduction to this complex but essential topic in corporate finance. Retaining the authority and reputation of previous editions, it now covers several topics in-depth which are frequently under explored, including distribution policy and capital budgeting. Features new to this edition include: a new chapter on real options new material on uncertainty in decision-making. Easily understandable, and covering the essentials of capital budgeting, this book helps readers to make intelligent capital budgeting decisions for corporations of every type.
The objective of this book is to help an individual (or a family) design a personal investment strategy. It explains how stock markets can be used to make a large fortune from a small investment. It also recommends an approach to increase a reasonable return on investment and explains the importance of investment alternatives.The book is based on the premise that the US stock market is not too high compared to the long-term value of its securities. It further assumes that readers are interested both in return likely to be earned on investment and the risk of not earning the return target.The focus on this book is on “personal” investing. It begins with three basic rules of investing and concludes with ten subordinate rules and other suggestions for investing.
Corporations earn incomes and amass wealth. There are many books offering advice how to increase the profitability of corporations by achieving excellence in operations and choosing the correct strategic path. Increasing Shareholder Value: Distribution Policy, A Corporate Finance Challenge is concerned with how the corporation should reward its shareholders after the incomes are earned. Investment decisions, capital structure, and dividend policy must be coordinated so that the well being of the firm's stockholders is considered in the planning process. The corporate planners should realize that the individual investors are also making plans, and the corporation can assist this planning process by making its own financial plans and strategies well known.
Economists broadly define financial asset price bubbles as episodes in which prices rise with notable rapidity and depart from historically established asset valuation multiples and relationships. Financial economists have for decades attempted to study and interpret bubbles through the prisms of rational expectations, efficient markets, and equilibrium, arbitrage, and capital asset pricing models, but they have not made much if any progress toward a consistent and reliable theory that explains how and why bubbles (and crashes) evolve and can also be defined, measured, and compared. This book develops a new and different approach that is based on the central notion that bubbles and crashes reflect urgent short-side rationing, which means that, as such extreme conditions unfold, considerations of quantities owned or not owned begin to displace considerations of price.
Despite the thousands of articles and the millions of times that the word 'bubble' has been used in the business press, there still does not appear to be a cohesive theory or persuasive empirical approach with which to study 'bubble' and 'crash' conditions. This book presents a plausible and accessible descriptive theory and empirical approach to the analysis of such financial market conditions. It advances such a framework through application of standard econometric methods to its central idea, which is that financial bubbles reflect urgent short side rationed demand. From this basic idea, an elasticity of variance concept is developed. It is further shown that a behavioral risk premium can probably be measured and related to the standard equity risk premium models in a way that is consistent with conventional theory.
Football tradition at the University of Oklahoma still runs strong, as does the record of forty-seven consecutive victories that legendary coach Bud Wilkinson and his players set in the 1950s. Approached but never equaled by teams such as Washington, Miami, and Texas, the streak contributed to the acclaim Wilkinson garnered by amassing an impressive three national championships (1950, 1955, and 1956), twelve consecutive conference titles, twenty-three straight wins on opposing fields, Top Ten rankings for eleven successive years, and a thirty-one game winning streak before the unforgettable “forty-seven straight.” Forty-seven Straight details how the record grew, season by season, as told by sixty-one of Wilkinson’s players during interviews with Harold Keith, the university’s sports publicist who witnessed all 178 football games during the Wilkinson era at OU. The players recall Wilkinson’s and his staff’s style, methods, and strategies while vividly recalling their most dramatic games. The scholastic integrity of Wilkinson’s program, which included high academic standards and graduation rates, produced a successful group of career-minded players.
The 2001 edition (1st) was a comprehensive review of history, research, and discussions on religion and health through the year 2000. The Appendix listed 1,200 separate quantitative studies on religion and health each rated in quality on 0-10 scale, followed by about 2,000 references and an extensive index for rapid topic identification. The 2012 edition (2nd) of the Handbook systematically updated the research from 2000 to 2010, with the number of quantitative studies then reaching the thousands. This 2022 edition (3rd) is the most scientifically rigorous addition to date, covering the best research published through 2021 with an emphasis on prospective studies and randomized controlled trials. Beginning with a Foreword by Dr. Howard K. Koh, former US Assistant Secretary for Health for the Department of Health and Human Services, this nearly 600,000-word volume examines almost every aspect of health, reviewing past and more recent research on the relationship between religion and health outcomes. Furthermore, nearly all of its 34 chapters conclude with clinical and community applications making this text relevant to both health care professionals (physicians, nurses, social workers, rehabilitation therapists, counsellors, psychologists, sociologists, etc.) and clergy (community clergy, chaplains, pastoral counsellors, etc.). The book's extensive Appendix focuses on the best studies, describing each study in a single line, allowing researchers to quickly locate the existing research. It should not be surprising that for Handbook for the past two decades has been the most cited of all references on religion and health"--
An interdisciplinary introduction to the aging process which uses symbolic interactionism as the main theoretical perspective. Accessible, interdisciplinary coverage with chapters covering a variety of subject matter areas from biology to psychology, from economics to sociology, from political science to religion. Utilizes symbolic interaction perspective to explain behavior problems and an individual's adaptations associated with the process of aging.
Financial Strategies and Topics in Finance is a collection of Professor Emeritus Harold Bierman, Jr.'s public lectures on corporate finance, given on behalf of the Johnson School of Business, Cornell University, from 1960 to 2015.By explaining complex financial strategies in a simplified manner, Professor Bierman makes corporate finance accessible to the non-expert reader as well. This collection of lectures covers highly relevant topics with financial insights and implications, that are very important to business managers and individual investors. Complex business decisions are simplified, allowing the logic of the decision process to become readily apparent.As Professor Bierman writes, 'A good business education will build on the basic financial tool of the time value of money and the net present value calculation. The lectures presented in this book are consistent with good present value calculations.
Financial Strategies and Topics in Finance is a collection of Professor Emeritus Harold Bierman, Jr.'s public lectures on corporate finance, given on behalf of the Johnson School of Business, Cornell University, from 1960 to 2015.By explaining complex financial strategies in a simplified manner, Professor Bierman makes corporate finance accessible to the non-expert reader as well. This collection of lectures covers highly relevant topics with financial insights and implications, that are very important to business managers and individual investors. Complex business decisions are simplified, allowing the logic of the decision process to become readily apparent.As Professor Bierman writes, 'A good business education will build on the basic financial tool of the time value of money and the net present value calculation. The lectures presented in this book are consistent with good present value calculations.
Case Studies for Corporate Finance: From A (Anheuser) to Z (Zyps) (In 2 Volumes) provides a distinctive collection of 51 real business cases dealing with corporate finance issues over the period of 1985-2014. Written by Harold Bierman Jr, world-renowned author in the field of corporate finance, the book spans over different areas of finance which range from capital structures to leveraged buy-outs to restructuring. While the primary focus of the case studies is the economy of the United States, other parts of the world are also represented. Notable to this comprehensive case studies book are questions to which unique solutions are offered in Volume 2, all of which aim to provide the reader with simulated experience of real business situations involving corporate financial decision-making. Case studies covered include that of Time Warner (1989-1991), The Walt Disney Company (1995), Exxon-Mobil (1998), Mitsubishi's Zero Coupon Convertible Bond (2000), and Apple (2014).
America's premier folk detective is back on the case, sniffing out those zany but dubious stories that "really happened" to a friend of your sister's boyfriend's accountant's mechanic. Jan Harold Brunvand—''Mr. Urban Legend" [Smithsonian]—tracks the most fabulous tales making today's cocktail-party circuit and shows why those stories that sound too good to be true probably are too good to be true. The eponymous episode—"The Baby Train"—sheds light on certain predawn activities that have linked unusually high birth rates to the whim of train schedule makers. Other stories offer a revealing peek behind the story of "The Exploding Bra," expose the embarrassing source of "The Hairdresser's Error," resurrect a "Failed Suicide" Buster Keaton would have died for, and show why adults are better off not bringing their comic book fantasies out of the closet. From "Superhero Hijinx" to "The Shocking Videotape" to "The Accidental Cannibal," The Baby Train uncovers the mysteries behind some of the bawdiest, goriest, funniest, most pyrotechnic urban legends yet.
The Encyclopedia of Library and Information Science provides an outstanding resource in 33 published volumes with 2 helpful indexes. This thorough reference set--written by 1300 eminent, international experts--offers librarians, information/computer scientists, bibliographers, documentalists, systems analysts, and students, convenient access to the techniques and tools of both library and information science. Impeccably researched, cross referenced, alphabetized by subject, and generously illustrated, the Encyclopedia of Library and Information Science integrates the essential theoretical and practical information accumulating in this rapidly growing field.
Though many are harmless and even beneficial, invertebrates are some of the world’s most feared and dangerous creatures. Guide to Venomous and Medically Important Invertebrates describes the health threats posed by invertebrate groups worldwide, from physical pain and annoyance to disease transmission risk. Featuring clear photographs, distribution maps and descriptions of biological, physical and behavioural characteristics of key groups, this book aids identification of potentially harmful invertebrates. It also summarises personal protection measures to reduce the risk of attack and disease, and provides guidance on treatment. This book will help to protect the health of travellers and serve as a reference for medical personnel working in high-risk areas, as well as those interested in entomology.
Originally published in 1984, this book is a developmental psychology text with substantial evolutionary and cross-cultural work. It presents cognitive developmental issues, as well as personality, social and socialization issues, with an emphasis on culture. It also includes education-related research, such as material on schools, reading, mathematics, and IQ.
This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.
Atlanta and Environs is, in every way, an exhaustive history of the Atlanta Area from the time of its settlement in the 1820s through the 1970s. Volumes I and II, together more than two thousand pages in length, represent a quarter century of research by their author, Franklin M. Garrett—a man called “a walking encyclopedia on Atlanta history” by the Atlanta Journal-Constitution. With the publication of Volume III, by Harold H. Martin, this chronicle of the South's most vibrant city incorporates the spectacular growth and enterprise that have characterized Atlanta in recent decades. The work is arranged chronologically, with a section devoted to each decade, a chapter to each year. Volume I covers the history of Atlanta and its people up to 1880—ranging from the city's founding as “Terminus” through its Civil War destruction and subsequent phoenixlike rebirth. Volume II details Atlanta's development from 1880 through the 1930s—including occurrences of such diversity as the development of the Coca-Cola Company and the Atlanta premiere of Gone with the Wind. Taking up the city's fortunes in the 1940s, Volume III spans the years of Atlanta's greatest growth. Tracing the rise of new building on the downtown skyline and the construction of Hartsfield International Airport on the city's perimeter, covering the politics at City Hall and the box scores of Atlanta's new baseball team, recounting the changing terms of race relations and the city's growing support of the arts, the last volume of Atlanta and Environs documents the maturation of the South's preeminent city.
Practical and provocative, Bioavailability reviews prevalent understanding of the physical-chemical-biological mechanisms that control the bioavailability of both organic and inorganic contaminants in aquatic environments. Discusses the complex issues that surround many regulatory issues Emphasizes the need to identify and control that portion of the total concentration that is biologically available and can cause adverse effects, i.e., "active" Examines the influence of dynamic factors, such as pH, alkalinity, and light on these mechanisms Addresses the subject of speciation for both organic and inorganic contaminants
The ability to pay total attention to the subject at hand is an ability most of us lack to some extent. Noted psychiatrist Dr. Harold Levinson believes poor concentration is a function problem that can be treated. In this book, he shows how we can learn to overcome distractions and can even learn to make them work for us.
Researchers increasingly recognize the importance of early family experiences on children and the impact that inter-parental conflict has on child development. This book reviews recent research in order to show how children who experience high levels of inter-parental conflict are put at both an immediate psychological and physical risk and a longer-developing risk of recapitulating such behaviors. The authors examine topics such as the differences between destructive and constructive inter-parental conflict on child development, why some children are more adversely affected than others, and how conflict affects child physiology. Ultimately they provide suggestions for improving the futures of children who are experiencing challenging family environments today.
Counseling and Accountability: Methods and Critique is written to present the concerns regarding the methodological problems and strategies of counseling and psychotherapy research. This text first discusses conceptual foundations, and then presents various research articles and critiques on the subject. In discussing the conceptual foundations, this book explains the considerations in doing research in the field of counseling and psychotherapy. Discussions include the research design, sampling, and future of the research. The second part, which is comprised of the articles and critiques, include papers on counseling people facing problems related to premarital sex, identity issues, and phobia. This book concludes by presenting papers such as on the effects of counseling, vicarious therapy, and feedback, as well as on teaching internalization behavior to clients. This publication will be invaluable to students and experts in counseling, psychology, and psychiatry.
Smooth Sailing enhances our understanding of the family's transition through adolescence by examining qualitative data about the experiences of parents and teens across multiple relationships and social contexts. This volume follows the same 60 families described in the authors' first book, Becoming a Family (2000), relating their stories about their transition from childhood to adolescence. Collectively, the two books provide a unique longitudinal perspective on family development using two distinct data collection formats and time frames. Interdisciplinary in nature, the book draws on theory and practice from the fields of social work, psychology, and sociology. Smooth Sailing reveals a picture of the transition to adolescence as it is influenced by intrafamily relationships as well as social context factors. Initial chapters lay the foundation for the study's methods. Proceeding chapters present the participants' stories, organized by context - developmental changes, interpersonal relationships, education, and work. Each chapter follows a similar format: an overview of past research; interview and coding techniques; and a presentation of parents' and teens' qualitative descriptions. Chapters also include an analysis of gender and conclude with implications for practice and policy. The final chapter in the book summarizes this work and looks ahead to the next developmental period, emerging adulthood. Intended for researchers in a variety of disciplines such as social work, psychology, and sociology, this volume also serves as a supplementary text for courses on the family and/or adolescent development.
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