ISE Fundamentals of Corporate Finance

12 ed
ISBN: 978-1-260-09190-8
Verlag: McGraw-Hill Education

Buch, Englisch, 1010 Seiten, Format (B × H): 200 mm x 254 mm, Gewicht: 1522 g

Corporate Finance, by Ross, Westerfield, Jaffe, and Jordan emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The Twelfth Edition includes many exciting new research findings as well as the incorporation of the Tax Cuts and Jobs Act (TCJA) throughout the text.Connect is proven to deliver better results for students and instructors. Proven content integrates seamlessly with enhanced digital tools to create a personalized learning experience that provides students with precisely what they need, when they need it. With Connect, the educational possibilities are limitless.

Autoren/Hrsg.

Ross, Stephen

Westerfield, Randolph

Jordan, Bradford

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen

Inhaltsverzeichnis

PART 1 Overview of Corporate Finance
CHAPTER 1 INTRODUCTION TO CORPORATE FINANCE

CHAPTER 2 FINANCIAL STATEMENTS, TAXES, AND CASH FLOW

PART 2 Financial Statements and Long-Term Financial Planning
CHAPTER 3 WORKING WITH FINANCIAL STATEMENTS

CHAPTER 4 LONG-TERM FINANCIAL PLANNING AND GROWTH

PART 3 Valuation of Future Cash Flows
CHAPTER 5 INTRODUCTION TO VALUATION: THE TIME VALUE OF MONEY

CHAPTER 6 DISCOUNTED CASH FLOW VALUATION

CHAPTER 7 INTEREST RATES AND BOND VALUATION

CHAPTER 8 STOCK VALUATION

PART 4 Capital Budgeting
CHAPTER 9 NET PRESENT VALUE AND OTHER INVESTMENT CRITERIA

CHAPTER 10 MAKING CAPITAL INVESTMENT DECISIONS

CHAPTER 11 PROJECT ANALYSIS AND EVALUATION

PART 5 Risk and Return
CHAPTER 12 SOME LESSONS FROM CAPITAL MARKET HISTORY

CHAPTER 13 RETURN, RISK, AND THE SECURITY MARKET LINE

PART 6 Cost of Capital and Long-Term Financial Policy
CHAPTER 14 COST OF CAPITAL

CHAPTER 15 RAISING CAPITAL

CHAPTER 16 FINANCIAL LEVERAGE AND CAPITAL STRUCTURE POLICY

CHAPTER 17 DIVIDENDS AND PAYOUT POLICY

PART 7 Short-Term Financial Planning and Management
CHAPTER 18 SHORT-TERM FINANCE AND PLANNING

CHAPTER 19 CASH AND LIQUIDITY MANAGEMENT

CHAPTER 20 CREDIT AND INVENTORY MANAGEMENT

PART 8 Topics in Corporate Finance
CHAPTER 21 INTERNATIONAL CORPORATE FINANCE

CHAPTER 22 BEHAVIORAL FINANCE: IMPLICATIONS FOR FINANCIAL MANAGEMENT

CHAPTER 23 ENTERPRISE RISK MANAGEMENT

CHAPTER 24 OPTIONS AND CORPORATE FINANCE

CHAPTER 25 OPTION VALUATION

CHAPTER 26 MERGERS AND ACQUISITIONS

CHAPTER 27 LEASING

Über Autor(innen)

Westerfield, Randolph
Randolph W. Westerfield is Dean Emeritus and the Charles B. Thornton Professor in Finance Emeritus at the University of Southern Californias Marshall School of Business. Professor Westerfield came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and a member of the finance faculty for 20 years. He is a member of the board of trustees of Oaktree Capital mutual funds. His areas of expertise include corporate financial policy, investment management, and stock market price behavior.

Jordan, Bradford
Bradford D. Jordan is Visiting Scholar in the Warrington College of Business at the University of Florida. He previously held the duPont Endowed Chair in Banking and Financial Services at the University of Kentucky, where he was department chair for many years. Professor Jordan has published numerous articles in top journals on issues such as cost of capital, capital structure, and the behavior of security prices. He is a past president of the Southern Finance Association, and he is coauthor of Fundamentals of Investments: Valuation and Management, 9e, a leading investments text, also published by McGraw Hill.

Ross, Stephen
The late Stephen A. Ross was the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross was known for his work in developing the Arbitrage Pricing Theory as well as his substantial contributions to the discipline through his research on 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 various academic and practitioner journals. He was a trustee of CalTech.