Brealey: Principles of Corporate Finance bridges the gap between financial theory and practical application for corporate finance. It emphasizes the importance of understanding financial theory to adapt to non-routine situations and evolving market conditions. By explaining why companies and financial markets behave as they do, the book equips managers with the tools to make informed decisions, not just based on experience but backed by theory. The authors address controversies within financial theory, offering balanced viewpoints while emphasizing practical applications to increase company value.…mehr
Brealey: Principles of Corporate Finance bridges the gap between financial theory and practical application for corporate finance. It emphasizes the importance of understanding financial theory to adapt to non-routine situations and evolving market conditions. By explaining why companies and financial markets behave as they do, the book equips managers with the tools to make informed decisions, not just based on experience but backed by theory. The authors address controversies within financial theory, offering balanced viewpoints while emphasizing practical applications to increase company value.
Richard A. Brealey - Emeritus Professor of Finance at London Business School. He is the former president of the European Finance Association and a former director of the American Finance Association. He is a fellow of the British Academy and has served as a special adviser to the Governor of the Bank of England and director of a number of financial institutions. Other books written by Professor Brealey include Introduction to Risk and Return from Common Stocks.
Inhaltsangabe
PART ONE: VALUE 1. Introduction to Corporate Finance 2. How to Calculate Present Values 3. Valuing Bonds 4. Valuing 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, Diversification, and Portfolio Selection 8. The Capital Asset Pricing Model 9. Risk and the Cost of Capital PART THREE: BEST PRACTICES IN CAPITAL BUDGETING 10. Project Analysis 11. How to Ensure That Projects Truly Have Positive NPVs PART FOUR: FINANCING DECISIONS AND MARKETING EFFICIENCY 12. Efficient Markets and Behavioral Finance 13. An Overview of Corporate Financing 14. How Corporations Issue Securities PART FIVE: PAYOUT POLICY AND CAPITAL STRUCTURE 15. Payout Policy 16. Does Debt Policy Matter? 17. How Much Should a Corporation Borrow? 18. Financing and Valuation PART SIX: CORPORATE OBJECTIVES AND GOVERNANCE 19. Agency Problems and Corporate Governance 20. Stakeholder Capitalism and Responsible Business PART SEVEN: OPTIONS 21. Understanding Options 22. Valuing Options 23. Real Options PART EIGHT: DEBT FINANCING 24. Credit Risk and the Value of Corporate Debt 25. The Many Different Kinds of Debt 26. Leasing PART NINE: RISK MANAGEMENT 27. Managing Risk 28. International Financial Management PART TEN: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT 29. Financial Analysis 30. Financial Planning 31. Working Capital Management PART ELEVEN: MERGERS, CORPORATE CONTROL, AND GOVERNANCE 32. Mergers 33. Corporate Restructuring PART TWELVE: CONCLUSION 34. Conclusion: What We Do and Do Not Know about Finance
PART ONE: VALUE 1. Introduction to Corporate Finance 2. How to Calculate Present Values 3. Valuing Bonds 4. Valuing 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, Diversification, and Portfolio Selection 8. The Capital Asset Pricing Model 9. Risk and the Cost of Capital PART THREE: BEST PRACTICES IN CAPITAL BUDGETING 10. Project Analysis 11. How to Ensure That Projects Truly Have Positive NPVs PART FOUR: FINANCING DECISIONS AND MARKETING EFFICIENCY 12. Efficient Markets and Behavioral Finance 13. An Overview of Corporate Financing 14. How Corporations Issue Securities PART FIVE: PAYOUT POLICY AND CAPITAL STRUCTURE 15. Payout Policy 16. Does Debt Policy Matter? 17. How Much Should a Corporation Borrow? 18. Financing and Valuation PART SIX: CORPORATE OBJECTIVES AND GOVERNANCE 19. Agency Problems and Corporate Governance 20. Stakeholder Capitalism and Responsible Business PART SEVEN: OPTIONS 21. Understanding Options 22. Valuing Options 23. Real Options PART EIGHT: DEBT FINANCING 24. Credit Risk and the Value of Corporate Debt 25. The Many Different Kinds of Debt 26. Leasing PART NINE: RISK MANAGEMENT 27. Managing Risk 28. International Financial Management PART TEN: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT 29. Financial Analysis 30. Financial Planning 31. Working Capital Management PART ELEVEN: MERGERS, CORPORATE CONTROL, AND GOVERNANCE 32. Mergers 33. Corporate Restructuring PART TWELVE: CONCLUSION 34. Conclusion: What We Do and Do Not Know about Finance
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