The Corporate Finance World Marketing Essay
The dissertation consists of three empirical essays on corporate finance. In the first essay, we examine the impact of cash flow volatility on firms' use of debt maturity and zero-leverage policies in an international context. Using a large international sample, we find that cash flow volatility is positively related to our measure of debt. Corporate Finance: Weighted Average Cost of Capital. Asset beta is the average of the various sources of financing a company chooses. Fabozzi et al. discuss that the “asset market risk is the weighted average of the company's debt beta and equity beta, Fundamental Principles of Corporate Finance. Corporate governance is the system of rules, practices and processes by which a company is governed and controlled. Corporate governance is essentially about balancing the interests of a company.