Publications

Keywords: Capital; Investment; United States

23 Sep 1992
Lecture

Economic Strategies for a Global Economy

Keywords: Strategy; Economics; Global Range

August 1992 (Revised June 1993)
Case

Compania de Telefonos de Chile

By: W. Carl Kester, Enrique Ostale and Charles McHugh La Follette

The newly privatized Chilean telephone company, Compania de Telefonos de Chile (CTC) must raise substantial new funds externally in order to finance its expansion program. This task is complicated by Chile's small, illiquid capital markets and the skeptical view of... View Details

Keywords: Capital Markets; Financing and Loans; Managerial Roles; Privatization; Expansion; Telecommunications Industry; South America; Chile

Educators

Purchase

summer 1992
Article

Governance, Contracting, and Investment Time Horizons: A Look at Japan and Germany

By: W. C. Kester

Keywords: Governance; Investment; Japan; Germany

summer 1992
Article

What Makes You Think U.S. Capital Is So Expensive?

By: W. C. Kester and T. A. Luehrman

Keywords: Capital; Local Range; United States

June 1992 (Revised December 1992)
Teaching Note

Managing the U.S. Dollar in the 1980s (TN)

Teaching Note for (9-292-001). View Details

Keywords: Management; Currency; United States

June 1992
Case

Guardian Industries Corp.

By: W. Carl Kester and Julia Morley

summer 1992
Article

Cross-country Differences in the Cost of Capital: A Survey and Evaluation of Recent Empirical Studies

By: W. C. Kester and T. A. Luehrman

Keywords: Cost; Capital

27 May 1992
Lecture

Banks in the Board Room: The American Versus Japanese and German Experiences

Keywords: Banks and Banking; Banking Industry; United States; Germany; Japan

11 May 1992 - 13 May 1992
Lecture

Emerging Role of Japanese Companies in Domestic and International Mergers and Acquisitions

Keywords: Mergers and Acquisitions; Japan

11 May 1992 - 13 May 1992
Lecture

Have Japanese Corporations Made Good Use of Their Low Cost of Capital?

Keywords: Capital; Cost of Capital; Japan

11 May 1992 - 13 May 1992
Lecture

Japanese Corporate Governance: Source of Efficiency or Restraint of Trade?

Keywords: Corporate Governance; Trade; Japan

May–June 1992
Article

The Myth of Japan's Low-cost Capital

By: W. C. Kester and T. A. Luehrman

Keywords: Capital; Japan

March 1992 (Revised December 1992)
Case

Harley-Davidson, Inc.--1987

By: W. Carl Kester and Julia Morley

After an LBO and near bankruptcy in the early 1980s, Harley-Davidson makes an astonishing recovery, going public in 1986. Its listing on the New York Stock Exchange in 1987 provides the occasion of an equity analyst to publish a research report in which she must issue... View Details

Keywords: Leveraged Buyouts; Currency Exchange Rate; Reports; Crisis Management; Going Public; Research; Competition; Auto Industry; Japan; New York (city, NY)

Educators

Purchase

1 Mar 1992
Lecture

The Role of Shareholders: An International Perspective

Keywords: Business and Shareholder Relations

February 1992 (Revised July 1992)
Background Note

Note on Cross-Border Valuation

By: W. Carl Kester and Julia Morley

Provides a fundamental technical review of valuation techniques used to assess cross-border investments. Discusses the discounting of free cash flows with a weighted average cost of capital, the use of adjusted present value, and the importance of considering real... View Details

Keywords: Valuation; Cross-Cultural and Cross-Border Issues