Principles of Corporate Finance 14/e
책 소개
Principles of Corporate Finance describes the theory and practice of corporate finance. Financial managers are shown how to use financial theory to solve practical problems. The text also demonstrates how managers use financial theory to solve practical problems.
The new co-author, Alex Edmans, Professor of Finance at London Business School and Mercers School Memorial Professor of Business at Gresham College was also named Poets & Quants MBA Professor of the Year for
목차
Part One: Value
Chapter 1: Introduction to Corporate Finance
Chapter 2: How to Calculate Present Values
Chapter 3: Valuing Bonds
Chapter 4: Valuing Stocks
Chapter 5: Net Present Value and Other Investment Criteria
Chapter 6: Making Investment Decisions with the Net Present Value Rule
Part Two: Risk
Chapter 7: Introduction to Risk, Diversification, and Portfolio Selection
Chapter 8: The Capital Asset Pricing Model
Chapter 9: Risk and the Cost of Capital
Part Three: Best Practices in Capital Budgeting
Chapter 10: Project Analysis
Chapter 11: How to Ensure That Projects Truly Have PositiveNPVs
Part Four: Financing Decisions and Market Efficiency
Chapter 12: Efficient Markets and Behavioral Finance
Chapter 13: An Overview of Corporate Financing
Chapter 14: How Corporations Issue Securities
Part Five: Payout Policy and Capital Structure
Chapter 15: Payout Policy
Chapter 16: Does Debt Policy Matter?
Chapter 17: How Much Should a Corporation Borrow?
Chapter 18: Financing and Valuation
Part Six: Corporate Objectives and Governance
Part Seven: Options
Chapter 21: Understanding Options
Chapter 22: Valuing Options
Chapter 23: Real Options
Part Eight: Debt Financing
Chapter 24: Credit Risk and the Value of Corporate Debt
Chapter 25: The Many Different Kinds of Debt
Chapter 26: Leasing
Part Nine: Risk Management
Chapter 27: Managing Risk
Chapter 28: International Financial Management
Part Ten: Financial Planning and Working Capital Management
Chapter 29: Financial Analysis
Chapter 30: Financial Planning
Chapter 31: Working Capital Management
Part Eleven: Mergers, Corporate Control, and Governance
Chapter 32: Mergers
Chapter 33: Corporate Restructuring
Part Twelve: Conclusion
Chapter 34: Conclusion: What We Do and Do Not Know about Finance
저자 소개
Richard Brealey
Richard A. Brealey - Emeritus Professor of Finance at London Business School. He is the former president of the European Finance Association and a former director of the American Finance Association. He is a fellow of the British Academy and has served as a special adviser to the Governor of the Bank of England and director of a number of financial institutions. Other books written by Professor Brealey include Introduction to Risk and Return from Common Stocks.
Stewart Myers
Stewart C. Myers - Emeritus Professor of Financial Economics at MIT’s Sloan School of Management. He is past president of the American Finance Association, a research associate at the National Bureau of Economic Research, a principal of the Brattle Group Inc., and a retired director of Entergy Corporation. His research is primarily concerned with the valuation of real and financial assets, corporate financial policy, and financial aspects of government regulation of business. He is the author of influential research papers on many topics, including adjusted present value, rate of return regulation, pricing and capital allocation in insurance, real options, and moral hazard and information issues in capital structure decisions.
Franklin Allen
Franklin Allen - Professor of Finance and Economics, Imperial College London, and Emeritus Nippon Life Professor of Finance at the Wharton School of the University of Pennsylvania. He is past president of the American Finance Association, Western Finance Association, Society for Financial Studies, Financial Intermediation Research Society, and Financial Management Association. His research has focused on financial innovation, asset price bubbles, comparing financial systems, and financial crises. He is Director of the Brevan Howard Centre for Financial Analysis at Imperial College Business School.
Alex Edmans
Alex Edmans - Professor of Finance at London Business School and Mercers School Memorial Professor of Business at Gresham College. He is also Managing Editor of the Review of Finance and was previously a tenured professor at Wharton, where he won 14 teaching awards in six years. His research focuses on corporate finance, responsible business, and behavioral finance. He has spoken at the World Economic Forum in Davos, given the TED talk “What to Trust in a Post-Truth World” and the TEDx talk “The Social Responsibility of Business”; he is also advisor to several investment management companies. He is the author of Grow the Pie: How Great Companies Deliver Both Purpose and Profit. Poets & Quants named him MBA Professor of the Year for 2021.