- Item type
- Book
- Language
- anglais
- Pages
- xxvii, 1036 p.
- Edition
- 9th ed.
- Publication year
- 2007
- Collection
- Content notes
- PART ONE: VALUE --- 1. Finance and the financial manager --- 2. Present values, the objectives of the firm, and corporate governance --- 3. How to calculate present values --- 4. Valuing bonds --- 5. The value of common stocks --- 6. Why net present value leads to better investment decisions than other criteria --- 7. Making investment decisions with the net present value rule --- PART TWO: RISK --- 8. Introduction to risk, return, and the opportunity cost of capital --- 9. Risk and return --- 10. Capital budgeting and risk --- PART THREE: BEST PRACTICES IN CAPITAL BUDGETING --- 11. Project analysis --- 12. Investment, strategy, and economic rents --- 13. Agency problems, management compensation, and the measurement of performance --- PART FOUR: FINANCING DECISIONS AND MARKET EFFICIENCY --- 14. Efficient markets and behavioral finance --- 15. An overview of corporate financing --- 16. How corporations issue securities --- PART FIVE: PAYOUT POLITY AND CAPITAL STRUCTURE --- 17. Payout policy --- 18. Does debt policy matter? --- 19. How much should a firm borrow? --- 20. Financing and valuation --- PART SIX: OPTIONS --- 21. Understanding options --- 22. Valuing options --- 23. Real options --- PART SEVEN: DEBT FINANCING --- 24. Credit risk and the value of corporate debt --- 25. The many different kinds of debt --- 26. Leasing --- PART EIGHT: RISK MANAGEMENT --- 27. Managing risk --- 28. Managing international risks --- PART NINE: FINANCIAL PLANNING AND THE MANAGEMENT OF WORKING CAPITAL --- 29. Financial analysis and planning --- 30. Working capital management --- 31. Short-term financial planning --- PART TEN: MERGERS, CORPORATE CONTROL AND GOVERNANCE --- 32. Mergers --- 33. Corporate restructuring --- 34. Governance and corporate control around the world --- PART ELEVEN: CONCLUSION --- 35. Conclusion: what we do and do not know about finance
"This book may be your first view of the world of modern finance. If so, you will read first for new ideas, for an understanding of how finance theory translates to practice, and occasionally, we hope, for entertainment. But eventually you will be in a position to make financial decisions, not just study them. At that point you can turn to his book as a reference and guide" - Preface inside book.
PART ONE: VALUE --- 1. Finance and the financial manager --- 2. Present values, the objectives of the firm, and corporate governance --- 3. How to calculate present values --- 4. Valuing bonds --- 5. The value of common stocks --- 6. Why net present value leads to better investment decisions than other criteria --- 7. Making investment decisions with the net present value rule --- PART TWO: RISK --- 8. Introduction to risk, return, and the opportunity cost of capital --- 9. Risk and return --- 10. Capital budgeting and risk --- PART THREE: BEST PRACTICES IN CAPITAL BUDGETING --- 11. Project analysis --- 12. Investment, strategy, and economic rents --- 13. Agency problems, management compensation, and the measurement of performance --- PART FOUR: FINANCING DECISIONS AND MARKET EFFICIENCY --- 14. Efficient markets and behavioral finance --- 15. An overview of corporate financing --- 16. How corporations issue securities --- PART FIVE: PAYOUT POLITY AND CAPITAL STRUCTURE --- 17. Payout policy --- 18. Does debt policy matter? --- 19. How much should a firm borrow? --- 20. Financing and valuation --- PART SIX: OPTIONS --- 21. Understanding options --- 22. Valuing options --- 23. Real options --- PART SEVEN: DEBT FINANCING --- 24. Credit risk and the value of corporate debt --- 25. The many different kinds of debt --- 26. Leasing --- PART EIGHT: RISK MANAGEMENT --- 27. Managing risk --- 28. Managing international risks --- PART NINE: FINANCIAL PLANNING AND THE MANAGEMENT OF WORKING CAPITAL --- 29. Financial analysis and planning --- 30. Working capital management --- 31. Short-term financial planning --- PART TEN: MERGERS, CORPORATE CONTROL AND GOVERNANCE --- 32. Mergers --- 33. Corporate restructuring --- 34. Governance and corporate control around the world --- PART ELEVEN: CONCLUSION --- 35. Conclusion: what we do and do not know about finance.