I-10 Index
bre44380_idx_I1-I24 10 09/30/15 01:56 PM
on mergers, 836–837
Hodges, Stewart D., 288n, 664 n
Holcim, 813
Holderness, Clifford, 359, 359n
Holmstrom, B., 838
Home Depot, The, 308, 734–752
Honeywell, 827
Horizontal mergers, 814
Horizon value
estimating, 95–96, 498–500
market-book ratios and, 95–96
price-earnings ratio and, 95–96
Hoshi, T., 872, 872n, 882 n
Host Marriott, 627
Hotchkiss, E. S., 610n, 615, 86 0n, 864
Hotelling’s principle, 283n
Household portfolios, 868–869
House of Fraser, 835
Houston, J. F., 819n
Howe, Christopher D., 261n
HR Ratings de Mexico, 608n
HSBC, 653, 653n
HSBC Holdings, 388
Huang, J., 606n
Huang, M., 207n, 340 n, 606 n
Hub Power Company (Hubco), 649–650
Hudson’s Bay Company, 6
Hull, J. C., 567, 698
Hurdle rate. See Opportunity cost of capital
Hyperinflation, 60
Hypobank, 819
Hypo Group, 375
Hypo Real Estate, 852nI
Ibbotson, R. G., 186, 401
IBES, 86n
IBM, 63n, 117, 192–193, 193, 235, 311n, 411,
604, 652, 691, 830, 835
Icahn, Carl, 306, 831
ICE Benchmark Administration (ICE), 638
Ihrig, J., 726
IKEA, 285
Ikenberry, D., 415n
Imputation tax system, 425–426, 478n
IMS Health, 844
Incentives. See also Stock options
financial distress and, 471–472
for financial managers, 302–311, 373
leveraged buyouts (LBOs) and, 846, 847
payout policy and, 422
Incidental effects, 135–136
Inco, 835
Income statement
common-size, 748–750
described, 736–737
in estimating cash flow, 762–763
example, 762
leasing and, 657
Income stocks, 90
Incomplete contracts, 359n
Incremental net present value, 135–137
Indenture, bond, 621
Indexed bonds, 62–63, 62n, 64
Index funds, 180, 335, 369
Index futures, 684Gruber, M. J., 212, 335n, 606 n, 607 n
Grullon, G., 413n
Gucci, 305
Guiso, L., 10n
Gulf & Western Industries, 855H
Habib, M., 643
Hall, B. H., 837n
Hall, B. J., 321
Halliburton, 813
Haltiwanger, R. S., 846n
Hamada, R. S., 507n
Hammond, J. S., 271
Hansen, Robert S., 389n, 395 n
Hard rationing, 123
Harford, J., 836n, 838
Harper, J. T., 852n
Harrah’s Entertainment, 844
Harrah’s Operating Company, 597n
Harris, M., 486
Harris, R. S., 723n, 827 n
Hartman, P., 881n
Hart, O., 359n, 376, 817n, 862 n
Hart-Scott-Rodino Antitrust Act of 1976,
827, 827n
Harvey, Campbell R., 108n, 124, 203n, 319,
319 n, 320 n, 321, 414n, 430, 478n, 486, 632,
632 n, 723 n, 760 n
Haushalter, G. David, 676, 676n
Hazard analysis, 610n
HBOS, 387–388, 398, 399
Healy, Paul M., 413–414, 413n, 414 n, 752, 837,
837 n, 882 n, 885
Hedge funds, 343, 369–370, 623
Hedge ratio, 549, 693–695
Hedging
commodity price risk, 676
currency risk, 676, 717–719
economic exposure, 719
example, 718
transaction exposure, 719
defined, 673–674, 679
fuel costs, 678, 680, 683
with futures contracts, 680–686, 691–693
interest rate risk, 676
setting up hedge, 691–695
as zero-sum game, 673–674
Heinz, 813, 844
Hellman, T., 383n
Hellwig, M., 876n
Helyar, J., 845n, 865
Hendel, Igal, 654n
Herman Miller Corporation, 314
Hess, 81, 93
Hewlett-Packard (HP), 4, 525, 584–585, 585n
Higgins, R. C., 822n
Hill, M., 806
Hilton Hotels, 844, 853
Hilton Worldwide, 396
Hirshleifer, J., 896n
Histogenics Corp., 396
Historic data
on capital markets, 162–169
on CEO compensation, 307
on inflation, 60–61, 65General Motors Acceptance Corporation
(GMAC), 853n
General partnerships, 853–854
Genesee & Wyoming, 227
Geometric average return, 165n
Germany
accounting standards in, 734
agency problem and, 890
CEO compensation, 308
growth and declining industries in,
881–881
inflation in, 65
mergers and, 815
net present value calculations in, 145–146
ownership and control in, 873–875
short-termism in, 881
t a xes in, 145 –146
Gertner, R., 849n
Gilligan, Thomas W., 654n
Gilson, R., 383n
Ginnie Mae, 802n
Glaxo Smith Kline, 2, 3
Glencore, 813
Global bonds, 395, 629
Global Crossing, 858
Global markets. See International finance
Goetzmann, W. N., 166n, 186, 212
Going-concern value, 79
Going dark, 385n
Gold, 282–284, 674, 674n, 676
Golden parachutes, 834
Goldman Sachs, 6, 371, 371n, 388, 638
Goldreich, D., 394n
Gompers, P. A., 400, 833n
Goodwill, 829
Google, 93, 347, 347n, 361, 393, 393n, 396,
411, 477, 526–540, 547–567, 590, 814, 878
Gordon, M. J., 85n
Governance. See Ownership and control
Government National Mortgage Association
(GNMA; Ginnie Mae), 802n
Government regulation, 635–636. See also
names of specific laws and government
agencies
Government sponsored enterprises (GSEs),
802, 802n, 803
Goyal, V., 482n
Graham, John R., 108n, 124, 203n, 319,
319 n, 320 n, 321, 414n, 421 n, 423 n, 430,
466, 466n, 478 n, 486, 632, 632n, 654 n,
674 n, 760 n
Grant, R. M., 285n
Gray market, 390n
Great Depression, 61, 343
Greece, sovereign debt crisis, 68–69, 375,
601, 896
Greenshoe option, 387
Greenspan, Alan, 342n
Greinke, Zack, 308
Grenadier, S. R., 668
Grinstein, Y., 423n
Gromb, D., 883n
Grossman, S. J., 336n
Growth industries, 881–882
Growth rates
internal, 777–778
sustainable, 778
Growth stocks, 90, 205–206