Abstract
Several topics are of primary importance to the firm. Growth management, for example, is crucial for new businesses, starting in the form of start-ups, with the aim of growing in a relatively short time.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Bodie Z, Kane A, Marcus AJ (2005) Investments, 6th edn. McGraw-Hill
Delurgio S (1998) Forecasting principles and applications. Irwin/McGraw-Hill, New York
Dickinson V (2005) Firm life cycle and future profitability and growth, working paper, School of Business, University of Wisconsin, Madison, June
Doyle P (2008) Value-based marketing: marketing strategies for corporate growth and shareholder value. Wiley
Grullon G, Michaely R, Swaminathan B (2002) Are dividend changes a sign of firm maturity? J Bus 75(3):387–424
Harrigan KR, Porter M (1983) End-game strategies for declining industries. Harv Bus Rev
Hill C, Jones G (2010) Strategic management theory: an integrated approach. Cengage Learning
Holton WJ, Keating B (1998) Business forecasting. McGraw-Hill, New York
Hopp WJ, Spearman ML (2001) Factory physics, 2nd edn. Irwin/McGraw-Hill, New York
Kotler P, Bloom P (1975) Strategies for high market-share companies. Harv Bus Rev 53(6)
Loughran T, Ritter JR (2004) Why has IPO underpricing changed over time? Financ Manag 33(3):5–37
McGahan A (2004) How industries change. Harv Bus Rev 82(10)
Murray FZ, Vidhan KG (2003) Testing the pecking order theory of capital structure. J Financ Econ 67:217–224
Porter M (1980) Competitive strategy: techniques for analyzing industries and competitors. The Free Press
Quinn RE, Cameron K (1983) Organizational life cycles and shifting criteria for effectiveness. Manag Sci 29:33–51
Rink DR, Swan JE (1979) Product life-cycle research: a literature review. J Bus Res:219–247
Author information
Authors and Affiliations
Problems
Problems
-
1.
What are the facts that affect the valuation of a young firm?
-
2.
What type of assets are the most valuable for start-ups?
-
3.
What is the role of stakeholders in the value of a start-up?
-
4.
Describe the typical preemptive provisions contained in an IPO.
-
5.
Describe the process for rights offering.
-
6.
Consider an investor with 10,000 shares of some company for a total investment of 750,000 €. The stock price is therefore 75 €, and we assume that it did not change between the date of purchase and the date of rights issuance. If rights give a 1 to 1 subscription right, at an offer price of 37.5 €, the investor can buy an additional 1000 shares of common stock at that price. What will the average cost of the total portfolio per share be after exercising the rights?
-
7.
Consider the point of view of the company in exercise 1, which has 25,000,000 shares outstanding. Given the current price of 75 €, what is the new capitalization of the firm?
-
8.
Describe the stages in the life of the firm.
-
9.
Explain how short-term financial planning differs from long-term planning.
-
10.
Describe the factors that affect the short-term cash of a firm.
-
11.
What are the various types of loans available to finance short-term corporate cash needs?
-
12.
Explain the features that good planning and forecasting should have.
-
13.
What are the typical factors that affect financial planning?
Rights and permissions
Copyright information
© 2023 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Corelli, A. (2023). Financial Planning. In: Analytical Corporate Finance. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-32319-5_12
Download citation
DOI: https://doi.org/10.1007/978-3-031-32319-5_12
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-32318-8
Online ISBN: 978-3-031-32319-5
eBook Packages: Business and ManagementBusiness and Management (R0)