Handbook of Corporate Finance: Empirical Finance Volume 2 Analysis

This document provides a comprehensive overview of the Handbook of Corporate Finance: Empirical Corporate Finance Volume 2. The handbook, edited by B. Espen Eckbo, offers in-depth analyses of various aspects of corporate finance. Volume 1 delves into econometric issues and methodological trends, including event studies, self-selection models, auction theory, and behavioral corporate finance. Volume 2 explores dividends, capital structure, financial distress, takeovers, restructurings, and managerial incentives. The handbook examines the determinants of capital structure, theories of debt, and the impact of capital structure on firm performance. It also covers topics such as corporate takeovers, restructuring, executive compensation, and risk management. The surveys are written by leading empirical researchers, making the chapters accessible to both industry practitioners and academics. The handbook synthesizes a broad range of empirical findings and provides roadmaps for future research in the field of corporate finance.