PhD Finance: Analysis Of Fellow Doctorate Candidate Critical Research Writing - Coursework Example

Analysis of fellow doctorate candi critical research writing Affiliation: The research has discussed the financial concepts in a very clear and concise manner which has indeed tried to integrate with the research concepts. In discussing about the sources of funds however, the essay fails to mention the role of antitakeover governance provisions whose strength or weakness has effects on the debt financing and in fact can even lower it (Klock, Mansi & Maxwell, (2005). The research paper has indeed tried to integrate the different elements learnt from examining the portfolio of the investors to seek funds from to clear their debts as well as ensure they maximize their returns Markowitz (1952) to seeking ways to find and establish an effective market where the investors and clients of the business as well as other companies with vested interest can trust them to manage their funds effectively Malkiel (2005).

The writer may have tried to discuss the main concepts in the financial market but has neglected to discuss about the aspect of organizational leadership. Leadership is important as it will drive the financial institution towards success and complete elimination of the debts or sink the institution even lower than it was as is explained by Amin & Kat (2001). More needs to be discussed about organizational leadership and its relation to the financial concepts. The material presented by the researcher is very fluent and the readers can be able to not only understand but interpret and keep up with the academic arguments that have been made by the writer and especially in regards to the cash flows and the expected returns (Ang & Liu, 2004).

ReferencesAmin, G. & Kat, H. (2001). Hedge Fund Performance 1990-2000: Do the ‘Money Machines’ really add value? ISMA The Business School for Financial Markets. Ang, A. & Liu, J. (December, 2004). How to Discount Cashflows with Time-Varying Expected Returns, The Journal of Finance, 31(6): 2745-2783. Klock, M., Mansi, S. & Maxwell, W. (2005, December). Does Corporate Governance Matter to Bondholders? Journal of Financial and Quantitative Analysis, 40(4), 693-719. Malkiel, B. (2005). Reflections on the Efficient Market Hypothesis: 30 Years Later.

The Financial Review, 40: 1-9. Markowitz, H. (1952, March). Portfolio Selection. The Journal of Finance, 7(1): 77-91.