ESCP Europe

"This book is about corporate finance. It focuses on how companies invest in real assets and how they raise the money to pay for these investments. Financial management is important, interesting, and challenging.[...] This book is derived in part from its sister text 'Principles of corporate finance'. The spirit of the two books is similar. Both apply modern finance to give students a working ability to make financial decisions. However, there are also substantial differences between the two books" - in book preface.

PART ONE: INTRODUCTION --- 1. The Corpoartion and the Financial Manager --- 2. Why Corporations need financial markets and institutions --- 3. Accounting and Finance --- PART TWO: VALUE --- 4. The Time Value of Money --- 5. Valuing Bonds --- 6. Valuing Stocks --- 7. Net Present Value and Other Investment Criteria --- 8. Using Discounted Cash-Flow Analysis to Make Investment Decisions --- 9. Project Analysis --- PART THREE: RISK --- 10. Introduction to Risk, Return, and the Opportunity Cost of Capital --- 11. Risk, Return, and Capital Budgeting --- 12. The Weighted-Average Cost of Capital and Company Valuation --- PART FOUR: FINANCING --- 13. Introduction to Corporate Financing and Governance --- 14. Venture Capital, IPOS, and Seasoned Offerings --- PART FIVE: DEBT AND PAYOUT POLICY --- 15 Debt Policy --- 16. Payout Policy --- PART SIX: FINANCIAL ANALYSIS AND PLANNING --- 17. Financial Statement Analysis --- 18. Long-Term Financial Planning --- 19. Short-Term Financial Planning --- 20. Working Capital Management --- PART SEVEN: SPECIAL TOPICS --- 21. Mergers, Acquisitions and Corporate Control --- 22. International Financial Management --- 23. Options 24. --- Risk Management --- PART EIGHT: CONCLUSION --- 25. What we do and do not know about Finance.