ESCP Europe

The partnership of Brealey, Myers, and Allen has produced a comprehensive and modern corporate finance textbook that continues to set the standard. With a blend of detailed analysis, comprehensive coverage, and common sense, Brealey, Myers, and Allen's Principles of Corporate Finance has earned tremendous loyalty as both a classroom tool and a professional reference work. The 11th global edition has been fully reviewed and revised to reflect current research and findings, whilst several chapters have been rewritten for better flow and added simplicity. New Beyond the Page interactive content and applications put additional resources and hands on applications just a click away. from back cover.

PART ONE: VALUE --- 1. Introduction to corporate finance --- 2. How to calculate present values --- 3. Valuing bonds --- 4. The value of common stocks --- 5. Net present value and other investment criteria --- 6. Making investment decisions with the net present value rule ---PART TWO: RISK --- 7. Introduction to risk and return --- 8. Portfolio theory and the capital asset pricing model --- 9. Risk and the cost of capital --- PART THREE: BEST PRACTICES IN CAPITAL BUDGETING --- 10. Project analysis --- 11. Investment, strategy, and economic rents --- 12. Agency problems, compensation, and performance measurement --- PART FOUR: FINANCING DECISIONS AND MARKET EFFICIENCY --- 13. Efficient markets and behavioral finance --- 14. An overview of corporate financing --- 15. How corporations issue securities --- PART FIVE: PAYOUT POLICY AND CAPITAL STRUCTURE --- 16. Payout policy --- 17. Does debt policy matter? --- 18. How much should a corporation borrow? --- 19. Financing and valuation ---PART SIX: OPTIONS --- 20. Understanding options --- 21. Valuing options --- 22. Real options --- PART SEVEN: DEBT FINANCING --- 23. Credit risk and the value of corporate debt --- 24. The many different kinds of debt --- 25. Leasing --- PART EIGHT: RISK MANAGEMENT --- 26. Managing risk --- 27. Managing international risks --- PART NINE: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT --- 28. Financial analysis --- 29. Financial planning --- 30. Working capital management --- PART TEN: MERGERS, CORPORATE CONTROL, AND GOVERNANCE --- 31. Mergers --- 32. Corporate restructuring --- 33. Governance and corporate control around the world --- PART ELEVEN: CONCLUSION --- 34. Conclusion: what we do and do not know about finance..