Corporate finance Books

Book SynopsisA practical guide to basic and intermediate hedging techniques for traders, structerers and risk management quants. This book fills a gap for a technical but not impenetrable guide to hedging options, and the 'Greek' (Theta, Vega, Rho and Lambda) -parameters that represent the sensitivity of derivatives prices.Table of Contents1. Hedging Contingent Claims 2. Delta Hedging in the Perfect World 3. The Balance between Gamma and Theta 4. Trading is the Answer to the Unknown 5. Vega as a Crucial Greek 6. The Greek Approximation 7. Volatility Term Structure 8. Skew and Smile

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Book SynopsisForeword; Vítor Constâncio 1. Introduction and Overview; Bernhard Winkler, Ad van Riet and Peter Bull PART I: FLOW OF FUNDS AND MACROFINANCIAL ANALYSIS 2. Tobin LIVES; John Duca and John Muellbauer 3. Balance sheets in The Great Moderation; Richard Barwell and Oliver Burrows 4. Japan's Flow of Funds Accounts; Shuji Kobayakawa and Ryoichi Okuma 5. Financial Accounts - the Case of Slovenia; Janez Fabijan PART II: FLOW OF FUNDS AND MACROECONOMIC IMBALANCES IN EUROPE 6. The Financial Crisis in the Light of Euro Area Accounts; Philippe de Rougemont and Bernhard Winkler 7. The Surveillance of Macroeconomic Imbalances in the EU; Carlos Cuerpo and Alexandr Hobza 8. Debt, Assets and Imbalances in the Euro Area; Christophe Van Nieuwenhuyze PART III: FLOW OF FUNDS AND FINANCIAL STABILITY 9. Systemic Risk Contingent Claims Analysis; Nuno Silva, Nuno Ribeiro and António Antunes 10. Financial Accounts and Financial Stability in Lithuania; Virgilijus Rutkauskas 11. Financial Linkages of the FinancialTable of ContentsForeword; Vítor Constâncio 1. Introduction and Overview; Bernhard Winkler, Ad van Riet and Peter Bull PART I: FLOW OF FUNDS AND MACROFINANCIAL ANALYSIS 2. Tobin LIVES; John Duca and John Muellbauer 3. Balance sheets in The Great Moderation; Richard Barwell and Oliver Burrows 4. Japan's Flow of Funds Accounts; Shuji Kobayakawa and Ryoichi Okuma 5. Financial Accounts - the Case of Slovenia; Janez Fabijan PART II: FLOW OF FUNDS AND MACROECONOMIC IMBALANCES IN EUROPE 6. The Financial Crisis in the Light of Euro Area Accounts; Philippe de Rougemont and Bernhard Winkler 7. The Surveillance of Macroeconomic Imbalances in the EU; Carlos Cuerpo and Alexandr Hobza 8. Debt, Assets and Imbalances in the Euro Area; Christophe Van Nieuwenhuyze PART III: FLOW OF FUNDS AND FINANCIAL STABILITY 9. Systemic Risk Contingent Claims Analysis; Nuno Silva, Nuno Ribeiro and António Antunes 10. Financial Accounts and Financial Stability in Lithuania; Virgilijus Rutkauskas 11. Financial Linkages of the Financial Sector in Austria; Michael Andreasch

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Book Synopsis1. Introduction 2. The Multi-Curve Framework Foundations 3. Variation on a Theme 4. Interpolation 5. Curve Calibration 6. More Instruments 7. Options and Spread Modelling 8. Collateral and Funding Appendix A. Gaussian HJM Appendix B. Conventions Appendix C. Implementation in a LibraryTable of Contents1. Introduction 2. The Multi-Curve Framework Foundations 3. Variation on a Theme 4. Interpolation 5. Curve Calibration 6. More Instruments 7. Options and Spread Modelling 8. Collateral and Funding Appendix A. Gaussian HJM Appendix B. Conventions Appendix C. Implementation in a Library

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Book SynopsisFinancial institutions are tasked with keeping businesses of all sizes financially sounds while also providing accessible banking options to everyday individuals. Fintech, or financial technology, is an emerging disruptive technology in financial transaction that will change banking behavior for stakeholders and enable better traceability of funds against specific assets.FinTech as a Disruptive Technology for Financial Institutions is an essential reference source that discusses applications of FinTech in financial institutions in small, medium, and large businesses and through cultural and religious filters. Featuring research on topics such as machine learning, market development, crypto-currency, financial security, blockchain, and financial technology, this book is ideally designed for bankers, business managers, economists, computer scientists, academicians, researchers, financial professionals, and students.

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Book SynopsisA Great Reference Source For Business Leaders and Their ProfessionalsEach year billions of dollars of business credit and contracts are restructured under Chapter 11 of the United States Bankruptcy Code. In the process, substantial fortunes are reallocated. Debtors in Chapter 11 reorganizations range from some of the largest business entities in the world to small local businesses. When these companies file for protection from creditors under Chapter 11, new problems and opportunities are created. Mr. Alderman draws upon over twenty years of experience counseling clients to explain the key legal theories and offer practical and tactical advice to business leaders, stakeholders and their advisors. "This book should be a part of the libraries of management, practitioners and accountants. It is comprehensive." The Halyard Restructuring Group, LLC."This well organized and comprehensive book will be a great asset for anyone on either side of a Business Bankruptcy." William Wright, President & Publisher, Park Ave Publishers Inc."This book is a great reference source with a wealth of insightful information - No accounting firm''s library will be complete without a copy." James E. Schultz, CPA, Sheptoff, Reuber & Co.

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Book SynopsisCurrently accounting and controlling are little involved in responsible business. This book offers a responsible controlling framework and a 12-step roadmap how management accounting and controlling can be adapted to become a change agent towards responsible business. The main issue of this book is to be seen in the fact that controlling and management accounting departments are hardly involved in sustainability, responsibility and ethics (SRE) topics and thus do not contribute to responsible business. The book deals with the conviction that responsible controlling is indispensable to make an entire organization more responsible. The main content of this book is the conceptual development of a Responsible Controlling Framework towards decision-making based on an ethically sound fundamental in order to make a company a responsible business. The conceptual approach helps to ensure the book will appeal practitioners in organizations of all size and nature as well as for (MBA) students. This book recommends a thoroughly examined course of action regarding Responsible Controlling for practitioners based on a profound theoretical background. The book shows the current state of controlling in an organizational context and in which areas controllers are active.

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Book SynopsisIt was the most brutal corporate restructuring in Wall Street history. The 2015 bankruptcy brawl for the storied casino giant, Caesars Entertainment, pitted brilliant and ruthless private equity legends against the world's most relentless hedge fund wizards. In the tradition of Barbarians at the Gate and The Big Short comes the riveting, multi-dimensional poker game between private equity firms and distressed debt hedge funds that played out from the Vegas Strip to Manhattan boardrooms to Chicago courthouses and even, for a moment, the halls of the United States Congress. On one side: relentless financial engineers Marc Rowan, David Sambur, and David Bonderman with their teams at Apollo Global Management and TPG Capital. On the other: superstar distressed debt investors Dave Miller and Ryan Mollett with their cohorts at the likes of Elliott Management, Oaktree Capital, and Appaloosa Management. The Caesars bankruptcy put a twist on the old-fashioned casino heist. Through a $27 billion leveraged buyout and a dizzying string of financial engineering transactions, Apollo and TPG—in the midst of the post-Great Recession slump—had seemingly snatched every prime asset of the company from creditors, with the notable exception of Caesars Palace. But Caesars’ hedge fund lenders and bondholders had scooped up the company’s paper for nickels and dimes. And with their own armies of lawyers and bankers, they were ready to do everything necessary to take back what they believed was theirs—if they could just stop their own infighting. These modern financiers now dominate the scene in Corporate America as their fight-to-the-death mentality continues to shock workers, politicians, and broader society—and even each other. In The Caesars Palace Coup, financial journalists Max Frumes and Sujeet Indap illuminate the brutal tactics of distressed debt mavens—vultures, as they are condemned—in the sale and purchase of even the biggest companies in the world with billions of dollars hanging in the balance.Trade ReviewPraise for The Caesars Palace Coup"The strength of [The Caesars Palace Coup] is its vivid, behind-the-scenes footage of the insiders who now dominate the largest corporate bankruptcy cases, vignettes that will enliven many a law or business-school class in the next decade."—Wall Street Journal“The Caesars Palace Coup recounts in exquisite detail the extraordinary lengths that Marc Rowan and David Sambur, his Apollo partner, went to stave off the inevitable bankruptcy filing of Caesars in 2015, and the extraordinary lengths they went to during the two-year bankruptcy process to try to salvage their investment.”—Vanity Fair “An investigative deep-dive into an old-fashioned casino heist, which includes a $31 billion leveraged buyout and a string of financial engineering transactions by Apollo Global Management and TPG Capital—all in the midst of the post–Great Recession slump, pitting private equity firms and distressed-debt hedge funds against each other in an ultimate poker match.” —Fortune “A casino caper and legal thriller rolled into one…. An eccentric Illinois judge, whose final ruling ultimately stunned bankruptcy aficionados, and the rantings from the Masters of the Universe make the book entertaining, maybe essential, reading across Wall Street…. The Caesars Palace Coup helps make clear what such Wall Street clashes are really about: men with big egos swinging their lacrosse sticks.” —Reuters Breakingviews “Lawyers and bankers duke it out in this thorough if dry history of the downfall of the Caesars Entertainment empire…. a welcome respite from stodgier case studies.” —Publishers Weekly “The Caesars Palace Coup is a superb inside account of what modern high finance is actually like—the strategies, the personalities, the relationships, the stress, and the shouting. Fascinating, suspenseful, and comprehensive, it is the Barbarians at the Gate of distressed debt.” —Matt Levine, Money Stuff columnist, Bloomberg Opinion “No story better captures early 21st century Wall Street like the bankruptcy of Caesars Entertainment. The Caesars Palace Coup is a well-researched, engaging modern-day corporate thriller, filled with epic courtroom and boardroom battles and the kinds of colorful characters that only exist on the buy-side. This is the fascinating inside story of a clash of the titans—the who’s who of distressed hedge funds battling each other and private equity giants Apollo and TPG for their piece of the Las Vegas casino conglomerate. . . . [A] must read for anyone who loves the deals and the drama that so often characterize the ins and outs of Wall Street and corporate restructuring.” —Kristin Mugford, Harvard Business School “In The Caesars Palace Coup, two of Wall Street’s most plugged-in journalists take us deep inside corporate raiding, 21st century style. Exploiting distressed debt instead of undervalued stock, buccaneer hedge funds and other vulture investors pay seventy, sixty, sometimes less than fifty cents on the dollar to scoop up controlling stakes in troubled companies. This breathtaking narrative culminates in bitter financial and courtroom warfare as Apollo Global Management, its allies, and its high-powered lawyers and lobbyists maneuver relentlessly against equally savvy investors to freeze them out of the resulting rise in profits and force them to accept a ‘cramdown’ settlement of their stakes in the company.” —Paul Steiger, former Wall Street Journal managing editor and founding editor of ProPublica “The distressed debt markets are the most rough-and-tumble corner of Wall Street, and Indap and Frumes have written the best book yet on the machinations, power moves, and personalities of the investors who make fortunes rolling the distressed debt dice.” —Jared A. Ellias, Bion M. Gregory Chair in Business Law, the University of California, Hastings "There is so much to like in this book. Its primary strength is its Law & Order backstory, peeling back the onion of every major player...Four years of painstaking personal interviews have paid off handsomely in this fascinating account of the inner workings of big money and big law reorganization practice." —Jason Kilborn, Credit Slips

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Book SynopsisWhy do some CEOs seem to find it easy to get funding, close partnership deals and attract great talent to their organization?They have a story.Winners Have a Story is a step-by-step guide to the unique StoryPitch method, honed over years of working with world-class CEOs and leaders. Learn to use it to your advantage and join the ranks of successful entrepreneurs who share compelling stories about their products, companies and visions.Read Winners Have a Story to: Generate interest and urgency in investors Set yourself apart from the competitors Align your team to the same narrative Deliver the best pitch in every situation Amplify your reach beyond the boardroom

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