(Download) "TELUS: Capital Structure Management" by Paul M. Bishop ~ Book PDF Kindle ePub Free

eBook details

Title: TELUS: Capital Structure Management
Author : Paul M. Bishop
Release Date : January 23, 2006
Genre: Finance,Books,Business & Personal Finance,
Pages : * pages
Size : 3645 KB

Description

The chief financial officer (CEO) of TELUS Corporation (Telus) has just been informed that Moody's, a bond rating service, has downgraded the firm's credit rating to one notch below investment grade. The CFO's challenge is to determine what specific actions, if any, to recommend to the firm's audit committee. First, this case facilitates a discussion on how changes in capital structure impact a firm's earnings, stock price and flexibility to carry out plan. Second, students learn about how bond ratings are set and how a firm's bond rating affects its bond yield. Last, by focusing on the situation faced by Telus during challenging market conditions in 2002, students learn how to manage relationships with investors while in the midst of change.