- Finance - Research Publications
Finance - Research Publications
Permanent URI for this collection
2 results
Filters
Reset filtersSettings
Statistics
Citations
Search Results
Now showing
1 - 2 of 2
-
ItemManagerial perspectives on corporate finance decisionsCOLEMAN, L ; MAHESWARAN, K ; PINDER, S (Accounting and Finance Association of Australia and New Zealand, 2008)
-
ItemNarratives in managers' corporate finance decisionsColeman, L ; Maheswaran, K ; Pinder, S (WILEY, 2010-09)Abstract This article uses the extended case method to explore senior executives’ corporate finance decisions. We quantified firm’s finance practices using a mail survey, and then – to resolve puzzles in managers’ decision processes – conducted face‐to‐face interviews with chief finance officers of large listed firms. The interviews identified six themes as consistent influences on finance decisions: pressures imposed by clienteles; constraints on resources; risk management; heuristics; real options; and sustainability. We conclude that managers are logical and rational in their decisions, but employ a wider range of criteria than assumed in conventional finance theories.