Explores corporate debt's influence on financing decisions, market efficiency, and investor behavior, emphasizing credit quality and capital structure.
Explores environmental legislation, soil contamination, and remediation strategies, emphasizing the importance of protecting soil fertility and public health.
Explores the impact of debt and taxes on firm value and shareholder wealth, covering Modigliani/Miller theorem, leverage effects, debt financing mechanics, and valuation methods.
Explains the relationship between financial statements and the categorization of cash flows into different activities, highlighting that profit does not always equal cash.