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Financial Management in the New Europe

Morten Balling (Author)

9780631182955, Wiley

Paperback / softback, published 27 May 1993

264 pages
22.9 x 15.6 x 1.8 cm, 0.425 kg

The financial environment in Europe is changing rapidly. Increasing integration in the EC is creating a new set of challenges and opportunities for the European business community. "Financial Management in the New Europe" is a guide to financial management under adopted and proposed EC initiatives. Topics covered include a survey of EC measures concerning corporate finance; investment patterns and decisions in a single European market; European financial institutions and markets; capital structure decisions; stockholder relations, investor information and dividend policy; volatilities and exposures in markets for stocks, bonds and foreign exchange; mergers and acquisitions; and tax laws, tax treaties and tax management. The many references to official community sources should make this book a valuable resource for practising financial managers and MBA students.

Foreword xi

1 Corporate Finance in a European Environment 1

2 Survey of EC Measures Concerning Corporate Finance 12

3 From EMS to EMU? A Twenty-Year Perspective 36

4 European Trade and Investment Patterns 67

5 European Financial Institutions and Markets 85

6 Capital Structure Decisions in a Single European Market 116

7 Stockholder Relations, Investor Information and Dividend Policy 127

8 Volatilities and Exposures in Markets for Stocks, Bonds and Foreign Exchange 140

9 Mergers and Acquisitions in a Single European Marke 169

10 Tax Laws, Tax Treaties and Tax Management 189

Postscript 208

Appendix A ISO Currency Codes (Page 213)

Appendix B Central, Bilateral Parity and Intervention Rates for EMS Participants at 17 September 1992 (Page 215)

Appendix C Statistical Offices in the EC (Page 217)

References 219

Index of Subjects 237

Index of Authors 245

Subject Areas: Finance & accounting [KF]

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