Theoretical Foundations of Investment Banking / by Krause , Andreas (Record no. 22108)

MARC details
000 -LEADER
fixed length control field 09794nam a22001817a 4500
005 - DATE & TIME
control field 20250404115630.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250307b |||||||| |||| 00| 0 eng d
020 ## - ISBN
International Standard Book Number 9783031580598
040 ## - CATALOGING SOURCE
Original cataloging agency Indian Institute of Management Raipur
082 ## - DDC NUMBER
Classification number 332.6
Book Number KRA-24
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Krause, Andreas
245 ## - TITLE STATEMENT
Title Theoretical Foundations of Investment Banking / by Krause , Andreas
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Switzerland:
Name of publisher, distributor, etc Springer,
Date of publication, distribution, etc 2024
300 ## - PHYSICAL DESCRIPTION
Pages xvii, 395p.
500 ## - GENERAL NOTE
General note 1 Introduction................................................................. 1<br/> 2 Prologue:PracticesandProcessesinInvestmentBanking............. 7<br/> 2.1 MergersandAcquisitionsAdvice................................... 8<br/> 2.2 SecuritiesUnderwriting.............................................. 12<br/> 2.3 FinancialAnalystResearch.......................................... 18<br/> 2.4 TradingandSales .................................................... 21<br/> 2.5 ManagingInvestmentBanks......................................... 24<br/> PartI InvestmentBanksasIntermediaries<br/> 3 SellingInformation......................................................... 31<br/> 4 InformedIntermediaries................................................... 37<br/> 4.1 ReducingAdverseSelection......................................... 37<br/> 4.2 QualityofSecuritiesIssued.......................................... 42<br/> Conclusions .................................................................. 48<br/> 5 IndependentFinancialAdvice ............................................ 51<br/> ReviewofPartI<br/> PartII CorporateFinance<br/> 6 MergersandAcquisitionsAdvisory...................................... 63<br/> 6.1 ContingentFeeContracts............................................ 65<br/> 6.1.1 EliminatingMoralHazardinMergerAdvice.............. 65<br/> 6.1.2 MergerAdvicewithAdverseSelection.................... 68<br/> 6.2 AcceptingMergerOffers ............................................ 71<br/> 6.3 Break-upfees......................................................... 75<br/> Conclusions .................................................................. 78<br/> 7 SecuritiesUnderwriting.................................................... 81<br/> 7.1 UnderwritingContracts.............................................. 82<br/> 7.1.1 FirmCommitmentandBestEffortsContracts............. 83<br/> 7.1.2 Book-Building............................................... 87<br/> 7.2 AppointingUnderwriters ............................................ 96<br/> xi<br/>xii Contents<br/> 7.2.1 UnderwriterSelection....................................... 96<br/> 7.2.2 UnderwritingSyndicates.................................... 101<br/> 7.3 Underpricing.......................................................... 107<br/> 7.3.1 PreventingAdverseSelection............................... 108<br/> 7.3.2 RelationshipBuilding....................................... 110<br/> 7.3.3 LitigationRisk............................................... 114<br/> 7.3.4 SecurityFlipping............................................ 116<br/> 7.3.5 MonitoringofIssuingCompany............................ 117<br/> 7.4 GreenshoeOption.................................................... 123<br/> 7.5 ChoiceofUnderwrittenSecurities .................................. 125<br/> 7.6 UnderwritingbyUniversalBanks................................... 128<br/> Conclusions .................................................................. 131<br/> ReviewofPartII<br/> PartIII Research<br/> 8 BiasedAnalystRecommendations........................................ 137<br/> 8.1 FinancialAnalystAccesstoCompanyInformation................ 138<br/> 8.2 ObtainingFutureInvestmentBankingBusiness.................... 140<br/> Conclusions .................................................................. 144<br/> 9 AnalystReputation......................................................... 145<br/> 10 RegulationofFinancialAnalysts ......................................... 153<br/> ReviewofPartIII<br/> PartIV TradingandSales<br/> 11 FinancialInnovation....................................................... 163<br/> 11.1 IncentivestoInnovate................................................ 164<br/> 11.2 IntroductiontoInnovations.......................................... 167<br/> 11.3 AdoptionofInnovations ............................................. 172<br/> Conclusions .................................................................. 176<br/> 12 AssetManagement ......................................................... 177<br/> 13 BrokerageServices ......................................................... 183<br/> 14 MarketMaking............................................................. 189<br/> 14.1 InventoryControl..................................................... 190<br/> 14.2 AdverseSelection.................................................... 195<br/> Conclusions .................................................................. 198<br/>Contents xiii<br/> 15 ProprietaryTrading........................................................ 201<br/> 15.1 InvestmentinExpertise.............................................. 202<br/> 15.2 RemunerationofTraders............................................. 205<br/> 15.3 MisrepresentationofTradingOutcomes............................ 213<br/> 15.4 DualCapacity ........................................................ 216<br/> Conclusions .................................................................. 229<br/> ReviewofPartIV<br/> PartV ConductingInvestmentBankingBusiness<br/> 16 EmploymentPolicies....................................................... 235<br/> 16.1 OptimalRemuneration............................................... 236<br/> 16.2 PromotionPractices.................................................. 242<br/> Conclusions .................................................................. 249<br/> 17 Partnerships................................................................. 251<br/> 17.1 ViabilityofPartnerships ............................................. 252<br/> 17.2 TheImpactonServiceQuality...................................... 256<br/> Conclusions .................................................................. 261<br/> 18 TheDecision-MakingProcess ............................................ 263<br/> 18.1 TheImpactoftheOrganisationalStructure......................... 263<br/> 18.2 DelegationofDecision-Making..................................... 268<br/> Conclusions .................................................................. 272<br/> 19 RelationshipBanking...................................................... 273<br/> 20 OptimalInvestmentBanks ................................................ 279<br/> 20.1 SpecialisationofInvestmentBanks ................................. 279<br/> 20.2 MatchingBanksandClients......................................... 286<br/> Conclusions .................................................................. 288<br/> ReviewofPartV<br/> Epilogue:EthicalConsiderations .............................................. 293<br/> FinalReflections.................................................................. 301<br/> ProblemSets...................................................................... 305<br/> ProblemsSetsforPartI...................................................... 305<br/> ProblemsSetsforPartII..................................................... 309<br/> ProblemsSetsforPartIII.................................................... 322<br/> ProblemsSetsforPartIV.................................................... 326<br/> ProblemsSetsforPartV.................................................... 336<br/> ProblemSetsforthePrologueandEpilogue............................... 347<br/>xiv Contents<br/> A MathematicalTools......................................................... 353<br/> A.1 ImplicitFunctions.................................................... 353<br/> A.2 ConstrainedOptimisation............................................ 354<br/> A.2.1 LagrangeMultiplier......................................... 354<br/> A.2.2 Karush-Kuhn-TuckerConditions........................... 355<br/> A.3 BayesianLearning.................................................... 357<br/> A.4 LeibnizIntegralRule................................................. 358<br/> A.5 StatisticalTools....................................................... 359<br/> A.5.1 ConditionalMoments....................................... 359<br/> A.5.2 OrderStatistics .............................................. 360<br/> B EconomicModels........................................................... 361<br/> B.1 NashBargaining...................................................... 361<br/> B.2 TacitCollusion ....................................................... 362<br/> B.3 RiskAversion......................................................... 364<br/> B.4 MonopolisticCompetition........................................... 365<br/> B.4.1 HotellingModel............................................. 367<br/> B.4.2 SalopCircle.................................................. 368<br/> C CreditRiskAssessment.................................................... 371<br/> C.1 TheMertonModel ................................................... 372<br/> C.2 TheKMVModel..................................................... 373<br/> C.3 TheVasicekModel................................................... 373<br/> D SecurityValuation.......................................................... 377<br/> D.1 DiscountedCashFlow............................................... 377<br/> D.2 ComparableCompaniesAnalysis ................................... 378<br/> D.3 PrecedentsTransactionsAnalysis................................... 379<br/> D.4 DerivativesPricing................................................... 379<br/> Glossary........................................................................... 381<br/> References......................................................................... 389<br/> Index............................................................................... 393
650 ## - Subject
Subject Investment Banking
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Holdings
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    Dewey Decimal Classification     Indian Institute of Management Raipur Indian Institute of Management Raipur Reference 07/03/2025 Overseas Press 35% 1 332.6 KRA-24 13045 03/05/2025 Books 07/03/2025