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001404112 020__ $$a9780262279383
001404112 020__ $$a026227938X
001404112 035__ $$a(OCoLC)923250945
001404112 035__ $$a(OCoLC-P)923250945
001404112 040__ $$aOCoLC-P$$beng$$epn$$cOCoLC-P
001404112 050_4 $$aHD2746.55.U5.M35 1999eb
001404112 08204 $$a338.80973
001404112 1001_ $$aMcCauley, Robert N.
001404112 24510 $$aDodging Bullets :$$bChanging U.S. Corporate Capital Structure in the 1980s and 1990s.
001404112 260__ $$aCambridge :$$bMIT Press,$$c2015.
001404112 300__ $$a1 online resource (417 pages)
001404112 336__ $$atext$$btxt$$2rdacontent
001404112 337__ $$acomputer$$bc$$2rdamedia
001404112 338__ $$aonline resource$$bcr$$2rdacarrier
001404112 506__ $$aAccess limited to authorized users.
001404112 520__ $$aAn entertaining summary of the broad reshaping of U.S. corporate finance in the last decade and a half.The late 1980s saw a huge wave of corporate leveraging. The U.S. financial landscape was dominated by a series of high-stakes leveraged buyouts as firms replaced their equity with new fixed debt obligations. Cash-financed acquisitions and defensive share repurchases also decapitalized corporations. This trend culminated in the sensational debt-financed bidding for RJR-Nabisco, the largest leveraged buyout of all time, before dramatically reversing itself in the early 1990s with a rapid return to equity.This entertaining summary of the broad reshaping of U.S. corporate finance in the last decade and a half looks at three major issues: why corporations leveraged up in the first place, why and how the leverage wave came to an end, and what policy lessons are to be drawn.Using the Minsky-Kindleberger model as a framework, the authors interpret the rise and fall of leveraging as a financial market mania. In the course of chronicling the return to equity in the 1990s, they address a number of important corporate finance questions: How important was the return to equity in relieving corporations' debt burdens? How did the return to equity affect the ability of young high-tech firms to finance themselves without selling out to foreign firms?
001404112 588__ $$aOCLC-licensed vendor bibliographic record.
001404112 650_0 $$aLeveraged buyouts$$zUnited States$$xHistory$$y20th century.
001404112 650_0 $$aConsolidation and merger of corporations$$zUnited States$$xHistory$$y20th century.
001404112 650_0 $$aCorporations$$zUnited States$$xFinance$$xHistory$$y20th century.
001404112 653__ $$aECONOMICS/Finance
001404112 655_0 $$aElectronic books
001404112 7001_ $$aRudd, Judith S.
001404112 7001_ $$aIacono, Frank.
001404112 852__ $$bebk$$hProQuest Ebook Central Academic Complete
001404112 85640 $$3ProQuest Ebook Central Academic Complete$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=3338427$$zOnline Access
001404112 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
001404112 909CO $$ooai:library.usi.edu:401882$$pGLOBAL_SET
001404112 980__ $$aBIB
001404112 980__ $$aEBOOK
001404112 982__ $$aEbook
001404112 983__ $$aOnline