Modern Investment Bank Research

Author: Zheng Ming
Publisher:
Publish Date: 2002-03-01
Features: Adhering to the principles of comprehensiveness, pragmatism, innovation, and foresight, this book conducts a comprehensive research and analysis of the fundamental theories, operational practices, and future prospects of modern investment banks. Adhering to the principles of comprehensiveness, pragmatism, innovation, and foresight, this book conducts a comprehensive research and analysis of the fundamental theories, operational practices, and future prospects of modern investment banks. The content of each chapter is as follows:
Chapter 1: Introduction. This chapter discusses the basic connotations of investment banking. The first part defines its nature and business categories based on the scope of its business activities in the capital market and elaborates on the functions of investment banks. The second part, by comparing isolated and mixed financial systems, elaborates on the differences and connections between investment banks and other financial institutions such as commercial banks, mutual funds, insurance companies, and pension funds, further clarifying the business attributes of investment banks. The third part focuses on the role of investment banks, as the main intermediaries in the capital market, in modern economic development and their relationships with various markets and elements in the capital market.
Chapter 2: Evolution and Development Trends of the International Investment Banking Industry. This chapter focuses on the development history of investment banking in the United States, deriving its development characteristics and future trends.
Chapter 3: Corporate Valuation Methods of Investment Banks. This chapter primarily explores the general decision-making methods of investment banking.
Chapter 4: Organizational Structure and Management of Investment Banks. This chapter is divided into three parts.
Chapter 5: Traditional Business of Investment Banks.
Chapter 6: Innovative Business (I) – Mergers and Acquisitions. This chapter first outlines the basic concepts and theories of mergers and acquisitions. It must be noted that mergers and acquisitions have both positive and negative effects on enterprises, and therefore, when enterprises decide whether to adopt a merger and acquisition development strategy, they must fully consider whether mergers and acquisitions can bring economic benefits. The second part examines the economic benefits of mergers and acquisitions from the perspective of cost-benefit. The third part provides a detailed introduction to the process of corporate mergers and acquisitions, which can be specifically divided into five steps. The fourth part elaborates on the important role and functions of investment banks in corporate mergers and acquisitions from the perspectives of historical empirical evidence and theoretical analysis.
Chapter 7: Innovative Business (II) – Financial Advisory and Project Financing.
Chapter 8: Innovative Business (III) – Venture Capital.
Chapter 9: Innovative Business (IV) – Investment Fund Management.
Chapter 10: Derivative Business of Investment Banks – Financial Engineering.
Chapter 11: Risk Management and Regulation of Investment Banks.
Chapter 12: Discussion on the Development of Investment Banking in China.
Appendix: Theories Related to Investment Banking.