Essentials of Corporate Finance by Ross, Westerfield, and Jordan provides a streamlined introduction to the core concepts of corporate finance, focusing on what students from diverse backgrounds need to know. Written in a relaxed, conversational style, the text invites active learning and emphasizes three key themes: intuition, a unified valuation approach, and a managerial focus. Complex financial principles are explained at an intuitive level, with net present value (NPV) as the foundation of corporate finance. By focusing on the role of the financial manager as a decision-maker, the book…mehr
Essentials of Corporate Finance by Ross, Westerfield, and Jordan provides a streamlined introduction to the core concepts of corporate finance, focusing on what students from diverse backgrounds need to know. Written in a relaxed, conversational style, the text invites active learning and emphasizes three key themes: intuition, a unified valuation approach, and a managerial focus. Complex financial principles are explained at an intuitive level, with net present value (NPV) as the foundation of corporate finance. By focusing on the role of the financial manager as a decision-maker, the book prepares students to apply these concepts in real-world scenarios.
Stephen A. Ross was the Franco Modigliani Professor of Financial Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics. Professor Ross is recognized for his work in developing the arbitrage pricing theory, along with his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he also served as an associate editor of several academic and practitioner journals, and was a trustee of CalTech.
Inhaltsangabe
PART ONE: OVERVIEW OF FINANCIAL MANAGEMENT Chapter 1: Introduction to Financial Management PART TWO: UNDERSTANDING FINANCIAL STATEMENTS AND CASH FLOW Chapter 2: Financial Statements, Taxes, and Cash Flow Chapter 3: Working with Financial Statements PART THREE: VALUATION OF FUTURE CASH FLOWS Chapter 4: Introduction to Valuation: The Time Value of Money Chapter 5: Discounted Cash Flow Valuation PART FOUR: VALUING STOCKS AND BONDS Chapter 6: Interest Rates and Bond Valuation Chapter 7: Equity Markets and Stock Valuation PART FIVE: CAPITAL BUDGETING Chapter 8: Net Present Value and Other Investment Criteria Chapter 9: Making Capital Investment Decisions PART SIX: RISK AND RETURN Chapter 10: Some Lessons from Capital Market History Chapter 11: Risk and Return PART SEVEN: LONG-TERM FINANCING Chapter 12: Cost of Capital Chapter 13: Leverage and Capital Structure Chapter 14: Dividends and Dividend Policy Chapter 15: Raising Capital PART EIGHT: SHORT-TERM FINANCIAL MANAGEMENT Chapter 16: Short-Term Financial Planning Chapter 17: Working Capital Management PART NINE: TOPICS IN BUSINESS FINANCE Chapter 18: International Aspects of Financial Management APPENDICES Appendix A: Mathematical Tables Appendix B: Key Equations Appendix C: Answers to Selected End-of-Chapter Problems Appendix D: Using the HP-10B and TI BA II Plus Financial Calculators
PART ONE: OVERVIEW OF FINANCIAL MANAGEMENT Chapter 1: Introduction to Financial Management PART TWO: UNDERSTANDING FINANCIAL STATEMENTS AND CASH FLOW Chapter 2: Financial Statements, Taxes, and Cash Flow Chapter 3: Working with Financial Statements PART THREE: VALUATION OF FUTURE CASH FLOWS Chapter 4: Introduction to Valuation: The Time Value of Money Chapter 5: Discounted Cash Flow Valuation PART FOUR: VALUING STOCKS AND BONDS Chapter 6: Interest Rates and Bond Valuation Chapter 7: Equity Markets and Stock Valuation PART FIVE: CAPITAL BUDGETING Chapter 8: Net Present Value and Other Investment Criteria Chapter 9: Making Capital Investment Decisions PART SIX: RISK AND RETURN Chapter 10: Some Lessons from Capital Market History Chapter 11: Risk and Return PART SEVEN: LONG-TERM FINANCING Chapter 12: Cost of Capital Chapter 13: Leverage and Capital Structure Chapter 14: Dividends and Dividend Policy Chapter 15: Raising Capital PART EIGHT: SHORT-TERM FINANCIAL MANAGEMENT Chapter 16: Short-Term Financial Planning Chapter 17: Working Capital Management PART NINE: TOPICS IN BUSINESS FINANCE Chapter 18: International Aspects of Financial Management APPENDICES Appendix A: Mathematical Tables Appendix B: Key Equations Appendix C: Answers to Selected End-of-Chapter Problems Appendix D: Using the HP-10B and TI BA II Plus Financial Calculators
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