Principles of Corporate Finance

Description

Principles of Corporate Finance by Brealey, Myers, Allen and Mohanty remains one of the most authoritative and comprehensive presentations of financial theory and practice available. The authors continue to reinforce their underlying theme of presenting theory as a way of helping financial managers solve practical problems. This book is a valued reference for thousands of practicing financial managers and is the leading text worldwide.

Salient Features:

• Detailed topical coverage of contemporary topics such as Efficient Markets, Behavioral Finance and Managing International Risks
• Ready Reckoner for the fundamentals of Corporate Finance – Dedicated Chapter on What We Do Know and What We Do Not Know about Finance – Coverage of Seven Major ideas and the 10 Unsolved Problems of Finance
• Strong Pedagogy: which includes but not limited to close to 850 Questions and exercises, 350 plus Illustrations/Boxed-items/Figures/Tables, 32 chapter-opening vignettes and 5 Appendixes

Table of Content:

Part One: Value

• Introduction to Corporate Finance
• How to Calculate Present Values
• Valuing Bonds
• The Value of Common Stocks
• Net Present Value and Other Investment Criteria
• Making Investment Decisions with the Net Present Value Rule

Part Two: Risk

• Introduction to Risk and Return
• Portfolio Theory and the Capital Asset Pricing Model
• Risk and the Cost of Capital

Part Three: Best Practices in Capital Budgeting

• Project Analysis
• Investment, Strategy and Economic Rents
• Agency Problems, Compensation and Performance Measurement

Part Four: Financing Decisions and Market Efficiency

• Efficient Markets and Behavioral Finance
• An Overview of Corporate Financing
• How Corporations Issue Securities

Part Five: Payout Policy and Capital Structure

• Payout Policy
• Does Debt Policy Matter?
• How Much Should a Corporation Borrow?
• Financing and Valuation

Part Six: Options

• Understanding Options
• Valuing Options
• Real Options

Part Seven: Debt Financing

• Credit Risk and the Value of Corporate Debt
• The Many Different Kinds of Debt
• Leasing

Part Eight: Risk Management

• Managing Risk
• Managing International Risks

Part Nine: Financial Planning and Working Capital Management

• Financial Analysis
• Financial Planning
• Working Capital Management

Part Ten: Mergers, Corporate Control and Governance

• Mergers
• Corporate Restructuring
• Governance and Corporate Control Around the World

Part Eleven: Conclusion

• Conclusion: What We Do and Do Not Know about Finance