Essays and Research Papers on Corporate Finance

This 10 page paper considers the implications of capital structure for a company. The paper looks at how financial theory, including that of Modigliani and Miller, offer any guidance and what practical considerations impact upon deciding the optimum mix of debt and equity. The bibliography cites 10 sources.

This 9 page paper uses three different valuation models to assess what the share price of a company should be. The paper looks first at book value and how this may be used as a foundation for valuation before moving onto the dividend discount model, DDM, and the capital asset pricing model, CAPM. The paper ...

This 8 page tutorial paper looks at three question set by the student which require net present values (NPV) to be calculated. The calculations are shown in full so the student can replicate them. The paper also includes an internal rate of return (IRR)calculation and two graphs showing values against discount rates.

This 4 page paper examines the capital structure of the Australian based recycling company Sims Group Pty, looking at the pattern since 2000 and comparing the debt ratios to those of other global waste recycling companies and considers the impact of the observed level of debt. The bibliography cites 9 sources.

This 3 page paper looks at a scheme suggesting that advance payments are made to an employee in order to reduce the liability to the social security tax under the Federal Insurance Contribution Act (FICA). The bibliography cites 1 sources.

This 5-page paper covers the FASB Concept Statement 7, which details fair value of cash flows. Issues discussed include the basis of the concept, what was done prior to the concept and whether this statement is a good method by which to measure fair value.

This 10 page paper examines an important financial decision made by a company to consider the various influences and pressures that impacted on the decision. The decision examined was that of British Telecom to de-merge with its' subsidiary O2, which now trades as MMO2. The paper looks at the financial issues surrounding the decision ...

A 7 page paper discussing the state of business for this manufacturer of cast iron wood-burning stoves. Seven specific questions address management accounting and strategy issues to conclude that Bridgewater should not presently drop one of its two products, but rather seek out methods of making the under-performing product more profitable. The paper ...

This 3-page paper compares stock prices and stockholder equity between Yahoo and Ask Jeeves to determine the best stock for investment.

This 10 page paper considers how the role of traditional banks is changing and the way that banks need to providing internet banking services. The paper considers how these services can be supplied looking at issues such as convenience, savings in the value chain, security and the risks associated with decreasing loyalty created by a ...

This 5 page paper looks at the different types of bottom line accounting that can be used. The paper looks at the single bottom line, dual bottom line, triple bottom line and quadruple bottom line. Each concept is explained fully and examples are given. The bibliography cites 5 sources.

This 3 page paper compares two scenarios where a company can be set up with the same level of income but under different tax regimes. This paper calculates the net income and then the net present value of each option. The bibliography cites 2 sources.

A 14 page paper that begins with a brief history of Enron prior to the scandal. The paper then goes on to explain what happened, what went wrong, how the company committed fraud. The author comments on the whistle-blower. The key players are identified with the charges against them and the disposition of the cases. ...

This 3 page paper consider why and how budgets are important to businesses, defining what is meant by a budget, the way it can be created and used and the benefits that the information in a budget will give to managers of a business. The bibliography cites 3 sources.

This 8 page paper critically evaluates the extent to which Barclays Bank has differentiated itself from others in the marketing of financial services. The examination takes place in the context of an article by Birch and Young; "what does cyberspace mean for the financial services industry". The bibliography cites 9 sources.

4 pages addresses 2 accounting and finance problems. The first involves Banbury Corporation’s acquisition of Luttrell Co., which owned residential investment property that Banbury did not want. The second discusses Ms. Sack’s investment in Dylan, consisting of $20,000 cash and $20,000 (FMV, basis $2,000), concluding that half of the capital gains on the ...

A 4 page paper discussing the retirement plans of an executive with a small company. Mr. Burton owns 58,000 of the 100,000 outstanding shares of Mirkwood stock and wants to redeem only as many shares as the federal government will see as a sale instead of a dividend distribution. He seeks a sale ...

This 4 page paper looks at a case supplied by the student, a company wanting to launch four new lines of confectionary. The paper outlines the purpose and benefits of budgeting and how it could be used by the confectionary company for their short term and long term benefit. The bibliography cites 3 sources.

This 15-page paper discusses accounting theories and practices as they pertain to organizations in general. Specific topics discussed include the FASB and FAF, SPEs, OFB and other aspects. Bibliography lists 5 sources.

A 5 page paper providing an equation for calculating Coke’s WACC, including discussion of the factors used for determining WACC. The paper also provides three methods of determining a central feature of the WACC equation, one calculated either through CAPM, DCF or bond-yield-plus-premium approaches. Bibliography lists 3 sources.

This 8 page paper examines a case study supplied by the student. The first part of paper looks at why a company where the management are hold a substantial number of shares may have a profit maximisation attitude. The second part of the paper considers three potential scenarios and advises which would be the ...

A 3 page paper reviewing a 2004 article discussing the new attention that a few banks are giving the fast-growing Hispanic population of the US. Expected to comprise 24% of the total population by 2050, Hispanics already have replaced African Americans as the nation’s largest minority group, and 70% of them have no banking ...

A 3 page paper addressing the questions posed in Harvard case 9-198-002. The case compares the airlines’ financial structure relative to their respective aircraft fleets in 1993. Nearly half of Delta’s fleet is leased and the company carries a high debt load, whereas Singapore Airlines owns all its aircraft and carries no long-term ...

A 10 page paper discussing the benefits and potential hazards of the limited liability company (LLC). Still relatively new, there are still many questions as to how the LLC and its members should be taxed in specific circumstances. The paper discusses some of these issues after providing a brief description of the benefits ...

This 3 page paper looks at a case study supplied by the student and considers how the Delta Airline debt and deprecation of the fleet would be restated is calculated in the same way as Singapore Airlines. All calculations are shown.