- Item type
- Book
- Language
- anglais
- Pages
- xxxii, 880 p.
- Edition
- 2nd ed.
- Publication year
- 2002
- ISBN
- 0-07-112341-5
- Content notes
- PART I. FINANCIAL MARKETS AND FINANCIAL INSTRUMENTS --- 1. Raising capital --- 2. Debt financing --- 3. Equity financing --- PART II. VALUING FINANCIAL ASSETS --- 4. Portfolio tools --- 5. Mean-variance analysis and the capital asset pricing model --- 6. Factor models and the arbitrage pricing theory --- 7. Pricing derivatives --- 8. Options --- 9. Discounting and valuation --- PART III. VALUING REAL ASSETS --- 10. Investing in risk-free projects --- 11. Investing in risky projects --- 12. Allocating capital and corporate strategy --- 13. Corporate taxes and the impact of financing on real asset valuation --- PART IV. CAPITAL FINANCIAL STRUCTURE --- 14. How taxes affect financing choices ---15. How taxes affect dividends and share repurchases --- 16. Bankruptcy costs and debt holder-equity holder conflicts --- 17. Capital structure and corporate strategy --- PART V. INCENTIVES, INFORMATION, AND CORPORATE CONTROL --- 18. How managerial incentives affects financial decisions --- 19. The information conveyed by financial decisions --- 20. Mergers and acquisitions ---PART VI. RISK MANAGEMENT --- 21. Risk management and corporate strategy --- 22. The practice of hedging --- 23. Interest rate risk management --- Appendix A. Mathematical tables.
“The 2nd edition of Financial Markets and Corporate Strategy represents the cutting edge of what the top scholars and practitioners know about finance – once again made practical and accessible. This text’s modern investment theory presents the forefront on interpreting what the data says about theories, risk management, capital budgeting, and on the issues that need to be considered to determine both a firm's proper mix of debt and equity financing and its value maximizing dividend policy. Using a blend of intuitive and practical methods, Mark Grinblatt and Sheridan Titman lay the foundation to help students become successful financial managers.” – from back cover.
PART I. FINANCIAL MARKETS AND FINANCIAL INSTRUMENTS --- 1. Raising capital --- 2. Debt financing --- 3. Equity financing --- PART II. VALUING FINANCIAL ASSETS --- 4. Portfolio tools --- 5. Mean-variance analysis and the capital asset pricing model --- 6. Factor models and the arbitrage pricing theory --- 7. Pricing derivatives --- 8. Options --- 9. Discounting and valuation --- PART III. VALUING REAL ASSETS --- 10. Investing in risk-free projects --- 11. Investing in risky projects --- 12. Allocating capital and corporate strategy --- 13. Corporate taxes and the impact of financing on real asset valuation --- PART IV. CAPITAL FINANCIAL STRUCTURE --- 14. How taxes affect financing choices ---15. How taxes affect dividends and share repurchases --- 16. Bankruptcy costs and debt holder-equity holder conflicts --- 17. Capital structure and corporate strategy --- PART V. INCENTIVES, INFORMATION, AND CORPORATE CONTROL --- 18. How managerial incentives affects financial decisions --- 19. The information conveyed by financial decisions --- 20. Mergers and acquisitions ---PART VI. RISK MANAGEMENT --- 21. Risk management and corporate strategy --- 22. The practice of hedging --- 23. Interest rate risk management --- Appendix A. Mathematical tables..
