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Dodging bullets : changing U.S. corporate capital structure in the 1980s and 1990s /

Annotation The late 1980s saw a huge wave of corporate leveraging. The U.S. financial landscape was dominated by a series of high-stakes leveraged buyouts as firms replaced their equity with new fixed debt obligations. Cash-financed acquisitions and defensive share repurchases also decapitalized cor...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: McCauley, Robert N. (Robert Neil), 1953-
Other Authors: Ruud, Judith S., Iacono, Frank
Format: Electronic eBook
Language:Inglés
Published: Cambridge Mass. : MIT Press, ©1999.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Dodging Bullets
  • Contents
  • About the Authors
  • Preface
  • Acknowledgments
  • Introduction
  • The End of the 1980s
  • Why the 1980s Stopped: Leveraging as a Mania
  • Why the 1980s Stopped: Did Judges, Lawmakers, and Regulators Kill the Leveraging Business?
  • RJR-Nabisco: A Case Study
  • The 1990s
  • The Legacy of Debt and Corporate Refinancing in the 1990s
  • Relieving the Burden of Interest on Cash Flow
  • The Equity Infusion Reverse LBOs
  • Cheap Equity Capital for Young Firms
  • Mergers and Acquisitions in the 1990s
  • Lessons
  • Policy and Asset InflationConclusion
  • Notes
  • Index