O Enigma do Capital

How Do Cfos Make Capital Budgeting and Capital Structure Decisions?

How Do Cfos Make Capital Budgeting and Capital Structure Decisions?

e recently conducted a comprehensive survey that analyzed the current practice of corporate finance, with particular focus on the areas of capital budgeting and capital structure. The survey results enabled us to identify aspects of corporate practice that are but the opinions expressed herein do not necessarily represent the views of FEI. We thank the FEI executives who responded to the survey...

Enigma of Extrapulmonary Tuberculosis: Where Do We Stand?

Tuberculosis remains a worldwide public health concern. Atypical extrapulmonary presentations may delay its diagnosis and treatment. The present study illustrates the importance of ruling out extrapulmonary tuberculosis in patients presenting with nonspecific symptoms of abdominal diseases. Furthermore, we discuss the variety of clinical presentations, diagnostic challenges, current therapeutic...

Capital Utilization and Returns T O Scale

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What do internal capital markets do ? Redistribution vs . incentives ∗ Axel

In this paper we explain the apparent ”diversification discount” of conglomerates without assuming inefficient-cross subsidisation through internal capital markets. Instead we assume that an internal capital market efficiently redistributes scare resources across a conglomerate’s divisions between successive production periods. The need for redistribution arises from the fact that resources may...