This book is dedicated solely to examining survey research in corporate finance. It is part of the Financial Management Association Survey and Synthesis Series. The purpose of this research-oriented book is: (1) to provide financial researchers with an overview of survey methodology; (2) to synthesize the major streams or clusters of survey research in corporate finance; and (3) to provide a valuable resource and guide for those interested in conducting and understanding survey research in finance. Chapter 1 discusses the role of survey research in corporate finanec. Chapters 2 though 8 presen ... More

This book is dedicated solely to examining survey research in corporate finance. It is part of the Financial Management Association Survey and Synthesis Series. The purpose of this research-oriented book is: (1) to provide financial researchers with an overview of survey methodology; (2) to synthesize the major streams or clusters of survey research in corporate finance; and (3) to provide a valuable resource and guide for those interested in conducting and understanding survey research in finance. Chapter 1 discusses the role of survey research in corporate finanec. Chapters 2 though 8 present financial theory about select corporate finance topics and provide survey evidence about how managers make decisions. Key topic areas include making capital budgeting decisions, determining a firm's cost of capital, managing a firm's capital structure, making dividend policy decisions, engaging in share repurchases, special dividends, stock splits, stock dividends, and managing risk. The book identifies whether gaps exist between finance theory and practice and how the size of the gap has changed over time. Chapter 9 discusses the state of the art of survey research in corporate finance. The book contains extensive references and numerous tables documenting survey-based studies in finance.