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AN ANALYTICAL MODEL FOR LONG‐RANGE FINANCIAL PLANNING*
10 references·6 citing·35 second hop
AN ANALYTICAL MODEL FOR LONG‐RANGE FINANCIAL PLANNING* (1970)AN ANALYTICAL MODEL FOR LONG‐RANGE FINANC…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…A Theory of Financial Analysis. (1968)A Theory of Financial Analysi…LINEAR PROGRAMMING AND OPTIMAL BANK ASSET MANAGEMENT DECISIONS (1967)LINEAR PROGRAMMING AND OPTIMA…Optimal Short Term Financing Decision (1965)Optimal Short Term Financing …Optimal Dividends and Corporate Growth Under Uncertainty (1964)Optimal Dividends and Corpora…The Investment, Financing, and Valuation of the Corporation. (1963)The Investment, Financing, an…The Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…Dividends, Earnings, Leverage, Stock Prices and the Supply of Capital to Corporations (1962)Dividends, Earnings, Leverage…Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy, Growth, and …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Designing decision support systems for value-based management: A survey and an architecture (2012)Designing decision support sy…Theory, Models and Implementation in Financial Management (1982)Theory, Models and Implementa…APPLICATION OF THE DECOMPOSITION PRINCIPLE TO THE CAPITAL BUDGETING PROBLEM IN A DECENTRALIZED FIRM (1974)APPLICATION OF THE DECOMPOSIT…Financial Policy Models: Theory and Practice (1973)Financial Policy Models: Theo…Cash Planning and Credit-Line Determination with a Financial Statement Simulator: A Case Report on Short-Term Financial Planning (1973)Cash Planning and Credit-Line…The Joint Problem of Investment and Financing (1971)The Joint Problem of Investme…Robust Optimization of Large-Scale Systems (1995)Perspectives in supply chain risk management (2006)Introduction to Stochastic Programming (2011)A flow-to-equity approach to coordinate supply chain network planning and financial planning with annual cash outflows to an institutional investor (2016)Optimal ATM replenishment policies under demand uncertainty (2019)The impact of digitalization on operational risk: An organizational information processing perspective (2024)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Behavior of Stock-Market Prices (1965)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The Transactions Demand for Cash: An Inventory Theoretic Approach (1952)Cash Balance and Simple Dynamic Portfolio Problems with Proportional Costs (1969)Systems of organizational sensemaking for sustained product innovation (2000)Managing market intelligence: The comparative role of absorptive capacity and market orientation (2016)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Law and Finance (1998)Criteria for Programming Investment Project Selection (1966)LEVERAGE, DIVIDEND POLICY, AND THE COST OF CAPITAL (1968)Reaction of Stock Prices to Dividend Announcements and Market Efficiency in Pakistan (2010)A dynamic balance sheet management model for a Canadian chartered bank (1978)Short Term Financial Planning under Uncertainty (1982)Asset and liability management in financial crisis (2005)An Expected Gain-Confidence Limit Criterion for Portfolio Selection (1963)THE ROLE OF A STOCK MARKET IN A GENERAL EQUILIBRIUM MODEL WITH TECHNOLOGICAL UNCERTAINTY (1978)Dividend Behavior for the Aggregate Stock Market (1987)Intrinsic Bubbles: The Case of Stock Prices (1989)Movements in the Equity Premium (1993)The Finite Horizon Expected Return Model (1997)
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References

  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1961Dividend Policy, Growth, and the Valuation of Shares6,554 cited
  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 1963The Investment, Financing, and Valuation of the Corporation.483 cited
  • 1962Dividends, Earnings, Leverage, Stock Prices and the Supply of Capital to Corporations464 cited
  • 1964Optimal Dividends and Corporate Growth Under Uncertainty141 cited
  • 1965Optimal Short Term Financing Decision132 cited
  • 1967LINEAR PROGRAMMING AND OPTIMAL BANK ASSET MANAGEMENT DECISIONS91 cited
  • 1968A Theory of Financial Analysis.56 cited

Cited by

  • 2012Designing decision support systems for value-based management: A survey and an architecture59 cited
  • 1982Theory, Models and Implementation in Financial Management44 cited
  • 1971The Joint Problem of Investment and Financing25 cited
  • 1973Financial Policy Models: Theory and Practice20 cited
  • 1974APPLICATION OF THE DECOMPOSITION PRINCIPLE TO THE CAPITAL BUDGETING PROBLEM IN A DECENTRALIZED FIRM

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19 cited
  • 1973Cash Planning and Credit-Line Determination with a Financial Statement Simulator: A Case Report on Short-Term Financial Planning16 cited