Corporate Finance Advisory comprises a team of experts who work together to serve clients on a broad range of corporate finance issues and structured solutions.
A fireside Q&A for senior decision-makersExplore Rethinking capital structure today?
Despite their recent run-up, global interest rates undoubtedly remain near historic lows and recent increases have been offset by lower risk premia. Corporate hurdle rates, however, are yet to embrace this reality. Is it time to finally lower hurdle rates? What are the consequences of too high a hurdle rate?Learn more about It’s time to reassess
Despite their expanding size and global presence, the current financial policies of Chinese firms vary greatly from those of large global peers. We propose an action plan for Chinese firms and state-owned enterprises to modify their capital structures to be more comparable with their global peers.Learn more about A Primer on the Financial Policies of Chinese Firms
Global markets have experienced increased volatility in both FX and interest rates. The U.S. Dollar has continued to strengthen against almost all currencies. How should management teams mitigate FX exposure? Given rising U.S. bond yields, how can U.S. firms capitalize on the lower interest-rate environment overseas?Learn more about Lowering risk and saving money: Part II
We explore the corporate finance implications of a post-Brexit referendum world. This report examines the impact on capital allocation in the face of changes in cost of capital, FX volatility, and counterparty risk.Learn more about Corporate finance post-Brexit: Financial policies for a lower growth, more uncertain environment
We surveyed asset managers on a variety of issues regarding capital allocation. Respondents were clearly in agreement on several topics, but widely different on others.Download report about Wiser by the Dozen: Investor perspectives on dividends and share buybacks
Record high corporate cash balances have led to a number of popular claims. This report shows that we can confirm only some of them, but in many cases only with important nuances.Download report about The Name is Cash, Just Cash: Demystifying the “Spectre” of Record Corporate Cash
We discuss how dividends and share buybacks drive shareholder value, especially given the current anticipation of rising rates and generally elevated levels of volatility.Download report about 2015 Distribution Policy: A trillion reasons to discuss dividends and buybacks
Evolving trends in corporate spin-offs provides a useful guide to evaluating the value creation potential from spin-offs.Download Report about Shrinking to grow: Evolving Trends in Corporate Spin-Offs
Currency movements have numerous corporate finance implications. In light of continued USD strength, we provide a roadmap to help manage your foreign exchange exposure.Download Report about Who’s Worrying About FX?
Given the potential for “shocks” in many sectors, we examine the insights to be gained from the tools energy firms have relied on to withstand downturns.Download Report about Here We Go Again… Financial Policies in Volatile Environments
We explore activism’s likely expansion and the tactics of these investors, and explain how to balance the external pressure with the internal desire to boost shareholder value.Download Report about Understanding and Navigating a New World of Heightened Investor Scrutiny