Any Finance 101 class will emphasize that the appropriate discount rate for a project depends on the project’s own characteristics, not the firm as a whole. If a utilities firm moves into media (e.g. Vivendi), it should use a media beta – not a utilities beta – to calculate the discount rate . However, a survey found that …
Do Mergers and Acquisitions Create or Destroy Value? Gresham College public lecture (video, transcript) Why CEOs May Want You Talking About Takeover Attempts. Takeover rumors push up the stock price of a potential target, deterring acquirers. Interview with [email protected] Is M&A Performance Improving?. Accenture/Mergermarket webinar on characteristics of a good M&A deal. M&A League Tables Show Me the …
An Incentive-Based Solution to Strategic Mortgage Default. A solution to mortgage default based on behavioral economics, currently implemented across the US. On TIME magaine’s 50 best inventions of 2010. VoxEUop-ed. A New Incentive Program Aims to Slow Rising Mortgage Defaults. Interview with [email protected] on same topic.
