Advertisement

Modern Corporate Finance, Investments, Taxation and Ratings

  • Peter Brusov
  • Tatiana Filatova
  • Natali Orekhova
  • Mukhadin Eskindarov

Table of contents

  1. Front Matter
    Pages i-xxiv
  2. Corporate Finance

    1. Front Matter
      Pages 1-1
    2. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 3-7
    3. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 9-27
    4. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 29-50
    5. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 51-97
    6. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 99-117
    7. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 119-124
    8. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 125-140
    9. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 141-159
    10. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 161-179
  3. Part II

    1. Front Matter
      Pages 181-181
    2. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 183-195
    3. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 197-207
    4. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 277-284
  4. Taxation

    1. Front Matter
      Pages 285-285
    2. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 287-301
    3. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 337-366
    4. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 367-393
    5. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 395-414
    6. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 415-437
  5. Ratings and Rating Methodologies

    1. Front Matter
      Pages 439-439
    2. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 441-474
    3. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 475-510
    4. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 511-536
    5. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
      Pages 537-568
  6. Peter Brusov, Tatiana Filatova, Natali Orekhova, Mukhadin Eskindarov
    Pages 569-571

About this book

Introduction

This monograph is devoted to a modern theory of capital cost and capital structure created by this book’s authors, called the Brusov–Filatova–Orekhova (BFO) theory, and its application to the real economy. BFO theory promises to replace the traditional theory of capital cost and capital structure by Nobel laureates Modigliani and Miller. This new theory in particular, presents a possible explanation to the causes of the recent global financial crisis. The authors of the book describe the general theory of capital cost and capital structure that can be applied to corporations of arbitrary age (or with arbitrary lifetime) and investment projects with arbitrary duration. The authors illustrate their theory with examples from corporate practice and develop investment models that can be applied by companies in their financial operations.

This updated second edition includes new chapters devoted to the application of the BFO theory in ratings, banking and other areas. The authors also provide a new approach to rating methodology highlighting the need for including financial flow discounting, the incorporation of rating parameters (in particular, financial ratios) into the modern theory of capital structure - BFO theory. This book aims to change our understanding of corporate finance, investments, taxation and rating procedures. The authors emphasize that the most used principles of financial management should be changed in accordance to BFO theory.

Keywords

Arbitration Capital Cost Capital Structure Corporate Finance Corporate Investment

Authors and affiliations

  • Peter Brusov
    • 1
  • Tatiana Filatova
    • 2
  • Natali Orekhova
    • 3
  • Mukhadin Eskindarov
    • 4
  1. 1.Financial University under the Government of Russian FederationMoscowRussia
  2. 2.Financial University under the Government of Russian FederationMoscowRussia
  3. 3.Center of Corporate Finance, Investment, Taxation and RatingsThe Research Consortium of Universities of the South of RussiaRostov-on-DonRussia
  4. 4.Financial University under the Government of Russian FederationMoscowRussia

Bibliographic information