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.
PART I: VALUE
Ch 1 Introduction to Corporate Finance
Ch 2 How to Calculate Present Values
Ch 3 Valuing Bonds
Ch 4 Valuing Stocks
Ch 5 Net Present Value and Other Investment Criteria
Ch 6 Making Investment Decisions with the Net Present Value Rule
PART II: RISK
Ch 7 Risk, Diversification, and Portfolio Selection
Ch 8 The Capital Asset Pricing Model
Ch 9 Risk and the Cost of Capital
PART III: BEST PRACTICES IN CAPITAL BUDGETING
Ch10 Project Analysis
Ch11 How to Ensure That Projects Truly Have Positive NPVs
PART IV: FINANCING DECISIONS AND MARKETING EFFICIENCY
Ch12 Efficient Markets and Behavioral Finance
Ch13 An Overview of Corporate Financing
Ch14 How Corporations Issue Securities
PART V: PAYOUT POLICY AND CAPITAL STRUCTURE
Ch15 Payout Policy
Ch16 Capital Structure in Perfect Capital Markets
Ch17 How Much Should a Corporation Borrow?
Ch18 Financing and Valuation
PART VI: CORPORATE OBJECTIVES AND GOVERNANCE
Ch19 Corporate Governance
Ch20 Stakeholder Capitalism and Responsible Business
PART VII: OPTIONS
Ch21 Understanding Options
Ch22 Valuing Options
Ch23 Real Options
PART VIII: DEBT FINANCING
Ch24 Credit Risk and the Value of Corporate Debt
Ch25 The Many Different Kinds of Debt
Ch26 Leasing
PART IX: RISK MANAGEMENT
Ch27 Managing Risk
Ch28 International Financial Management
PART X: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT
Ch29 Financial Analysis
Ch30 Financial Planning
Ch31 Working Capital Management
PART XI: MERGERS, CORPORATE CONTROL, AND GOVERNANCE
Ch32 Mergers
Ch33 Corporate Restructuring
PART XII: CONCLUSION
Ch34 Conclusion: What We Do and Do Not Know about Finance
作者：Richard A. Brealey
現職：London Business School
作者：Stewart C. Myers
現職：Sloan School of Management Massachusetts Institute of Technology
作者：Franklin Allen
現職：Imperial College London
作者：Alex Edmans
現職：London Business School