FINANCIAL RESEARCH and
MANAGEMENT DECISIONS
ALEXANDER A. ROBICHEK, EDITOR
Graduate School of Business
Stanford University
John Wiley & Sons, Inc., New York • London • Sydney
CONTENTS
Introduction: A Summary of Recent Trends in Research
Ezra Solomon
1. Valuation of the Firm and Its Relation to Financial
Management
J. Fred Weston
2. Capital Structure and Financial Decisions
Harold J. Bierman, Jr.
3. Dividend Policy and Shareholders' Wealth
James T. S. Porterfield
4. Capital Budgeting and Financial Management
Eugene M. Lerner
5. The Use of Statistical Techniques in Capital Budgeting
C. Jackson Grayson
6. An Application of Control-Limit Models to the
Management of Corporate Cash Balances
Merton H. Miller and Daniel Orr
7. Measurement of Company Profitability: Some Systematic
Errors in the Accounting Rate of Return
Ezra Solomon and Jaime Laya
8. Financial Management in the Department of Defense
Leonard Marks, Jr.
9. The Use of Computer Simulation in Financial Planning
Alexander A. Robichek
10. Synthesis
Herbert E. Dougall
1
10
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72
90
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