WorldCat Identities

Megginson, William L.

Overview
Works: 41 works in 181 publications in 3 languages and 2,584 library holdings
Genres: Case studies 
Roles: Author, Other, 958
Publication Timeline
.
Most widely held works by William L Megginson
The financial economics of privatization by William L Megginson( Book )

20 editions published between 2004 and 2005 in English and held by 1,009 WorldCat member libraries worldwide

"Bill Megginson begins The Financial Economics of Privatization with a brief history of the rise and fall of state ownership in the modern era. He then examines the impact that privatization has had on financial markets and corporate finance, focusing on the privatization experiences of five industries that have seen the largest number of state ownership sales - specifically, telecommunications, banking, oil and gas, electricity production and distribution, and commercial airlines."--Jacket
Small business management : an entrepreneur's guidebook by Leon C Megginson( Book )

37 editions published between 1993 and 2009 in English and Undetermined and held by 561 WorldCat member libraries worldwide

This text takes a practical, down-to-earth approach to planning, organizing, and managing a small business. While based on current research, theory, and practice, the material is presented from a "how-to" perspective, with many practical examples and applications from the business world. All three authors have had meaningful experience in the "real world" as an owner, manager or employee of one or more small businesses
Corporate finance by Scott B Smart( Book )

18 editions published between 2003 and 2007 in English and held by 250 WorldCat member libraries worldwide

The authors seamlessly blend modern theories and concepts of the financial management of firms with international real world practice and the latest hot topics in the area
Corporate finance theory by William L Megginson( Book )

14 editions published between 1997 and 2002 in English and Chinese and held by 240 WorldCat member libraries worldwide

Corporate Finance Theory provides a thorough synthesis of the most important current research in corporate finance in a clear, non-mathematical writing style. It breaks new ground both in the organization of the text material and its "comparative corporate finance" approach, which integrates international and American capital market theory and empirical evidence. The 1,400 academic and practitioner articles cited in full-length references provide the reader with an understanding of the "intellectual architecture" underlying modern finance. Coupled with extensive footnotes throughout, these citations should prove useful to professionals who want or need references for specific finance topics, since multiple references (in both academic and popular publications) are provided for each topic addressed
Introduction to corporate finance by William L Megginson( Book )

28 editions published between 2005 and 2009 in English and held by 219 WorldCat member libraries worldwide

Successful small business management by Leon C Megginson( Book )

6 editions published in 1991 in English and held by 133 WorldCat member libraries worldwide

Corporate finance : [linking theory to what companies do] by John R Graham( Book )

5 editions published in 2010 in English and held by 45 WorldCat member libraries worldwide

Introduction to financial management by Scott B Smart( Book )

4 editions published between 2006 and 2009 in English and held by 35 WorldCat member libraries worldwide

Emphasizes the roles of financial managers and CFOs and shows how financial management actually works in real companies. This title offers timely examples and new material on the financial crisis, innovative online learning tools, and enables you to keep students of varying degrees of ability both motivated and involved
Finanzas corporativas : [el vínculo entre la teoría y lo que las empresas hacen] by John R Graham( Book )

3 editions published in 2011 in Spanish and held by 20 WorldCat member libraries worldwide

From state to market : a survey of empirical studies on privatization by William L Megginson( Book )

6 editions published between 1998 and 1999 in English and held by 14 WorldCat member libraries worldwide

PRIVATIZATION, STATE CAPITALISM, AND STATE OWNERSHIP OF BUSINESS IN THE 21ST CENTURY by William L Megginson( )

3 editions published between 2017 and 2018 in English and held by 6 WorldCat member libraries worldwide

This study summarizes the economic and political developments relating to privatization, state capitalism, and state ownership of business since 2000 and then surveys the extensive recent research examining these issues empirically. Through the early 21st century, there was an unambiguous global trend towards reducing government ownership of business enterprise, but this trend has since at least been slowed, and perhaps even reversed. We discuss the factors that have promoted a global resurgence of state ownership, then define and analyze the new ideology labeled "state capitalism." Recent research examines whether privatization improves the operating and financial performance of divested companies, as well as when, where and how governments decide to privatize individual companies and how these sales are priced. All the performance studies surveyed document significant improvements after companies are divested. Recent academic and professional research categorizes and evaluates various types of state owners; examines determinants of the level of state ownership; studies how state ownership impacts the valuation of corporate assets and examines the relative efficiency of state versus private ownership; and assesses how state ownership impacts corporate financial policies, especially capital investment. This research highlights that different types of state owners have very different impacts on corporate value and performance, and that state ownership generally has a significant, and mostly pernicious, impact on corporate investment and financial policies. The separate effect of state ownership on corporate valuation is less clear-cut. This survey also summarizes recent empirical research examining the relationship between state ownership of business assets and financial markets and institutions, and also surveys the literature examining political connections between politicians and corporate managers. Sovereign wealth fund research yields essentially benign findings, but almost all studies examining state-owned banking show that state ownership reduces banks' efficiency. All the financial markets and institutions studies examined highlight the distortive effects and economic costs of bailouts and guarantees, and almost all the political connections studies find that these connections are privately beneficial but socially costly. Finally, the research surveyed here convinces the author that "state capitalism" is an essentially failed model
An empirical analysis of limited recourse project finance by Stefanie Kleimeier( Book )

2 editions published in 2002 in English and held by 4 WorldCat member libraries worldwide

Our study extends on conventional measures of contagion by directly investigating changes in the existence and the directions of causality. In particular, we apply a Granger-causality methodology on sovereign bond spreads as a measure of perceived country risk. For the Asian crisis, we find evidence for new and changed causality patterns on a regional level. With the arrival of the Russian crisis, causality patterns were changing not only on a regional but also on a global level
The impact of privatisation on capital market development and individual share ownership by William L Megginson( Book )

2 editions published in 2000 in English and held by 4 WorldCat member libraries worldwide

Xiao qi ye guan li : qi ye jia zhi nan, di san ban = Small business management : an entrepreneur's guidebook, third edition by William L Megginson( Book )

1 edition published in 2002 in Chinese and held by 4 WorldCat member libraries worldwide

Teoría y política de privatizaciones : su contribución a la modernización económica : análisis del caso español( Book )

2 editions published in 2004 in Spanish and held by 4 WorldCat member libraries worldwide

Corporate governance in India( )

1 edition published in 2007 in English and held by 3 WorldCat member libraries worldwide

This study describes the Indian corporate governance system and examines how the system has both supported and held back India's ascent to the top ranks of the world's economies. While on paper the country's legal system provides some of the best investor protection in the world, enforcement is a major problem with slow, over-burdened courts and significant corruption. Ownership remains concentrated and family business groups continue to be the dominant business model. There is significant pyramiding and tunneling among Indian business groups and, notwithstanding copious reporting requirements, evidence of earnings management. However, corporate governance in India does not compare unfavorably with any of the other major emerging economies: Brazil, China and Russia. India ranks high on the ease of getting credit, and has a well-functioning banking sector with one of the lowest proportions of nonperforming assets. The two main Stock Exchanges have among the highest number of trades in the world, and the relatively young Securities and Exchanges Board of India has a rigorous regulatory regime to ensure fairness, transparency and good practice. Most importantly, the corporate governance landscape in the country has been changing fast over the past decade, particularly with the enactment of Sarbanes-Oxley type measures and legal changes to improve the enforceability of creditor's rights. If this trend is maintained, India should have the quality of corporate governance necessary to sustain its impressive current growth rates. -- Corporate Governance ; International Financial Markets ; Government Policy and Regulati
Venture capitalist certification in initial public offerings by William L Megginson( Book )

1 edition published in 1991 in English and held by 3 WorldCat member libraries worldwide

From state to market : a survey of empirical studies on privatization by William L Megginson( )

3 editions published in 2001 in English and held by 3 WorldCat member libraries worldwide

The Privatization Dividend A Worldwide Analysis of the Financial and Operating Performance of Newly Privatized Firms by William L Megginson( )

1 edition published in 2012 in English and held by 3 WorldCat member libraries worldwide

The study described in this Note compared the pre- and post-privatization performance of 61 companies in 18 countries and 32 industries. These companies were sold to the public through a share issue and thus their comparable pre- and post-issue financial and accounting data could be obtained from the firms' offering prospectuses and annual reports. The study tested for increased profitability, increased operating efficiency, increased capital investment spending, increased output, and privatization without lowering employment levels. It tested for these results both for the full sample and for several subsamples: privatizations of firms in competitive and non-competitive industries, full and partial privatization, privatization involving firms headquartered in OECD countries and in developing countries, and "control" and "revenue" privatizations. It showed significant increases among newly private firms in profitability, output per employee, capital spending, and employment. It also found that the financial policies of these firms start to resemble those typically associated with private entrepreneurial companies--with lower leverage and higher dividend payout ratios. Although the data did not allow precise documentation of the causes of these performance improvements after divestiture, the study was able to rule out price increases as a frequent source of profitability increases. It also showed that privatization has a positive effect on a firm's operating and financial performance while maintaining employment
El impacto de la privatizacion by William L Megginson( )

2 editions published in 1998 in Spanish and held by 2 WorldCat member libraries worldwide

 
moreShow More Titles
fewerShow Fewer Titles
Audience Level
0
Audience Level
1
  Kids General Special  
Audience level: 0.45 (from 0.31 for The financ ... to 0.95 for Corporate ...)

The financial economics of privatization
Covers
Small business management : an entrepreneur's guidebookCorporate financeCorporate finance theoryIntroduction to corporate financeCorporate finance : [linking theory to what companies do]Introduction to financial managementFinanzas corporativas : [el vínculo entre la teoría y lo que las empresas hacen]
Alternative Names
Megginson.

Megginson, William L.

Languages
English (148)

Spanish (7)

Chinese (3)