عنوان

Corporate Finance Principles and Practice.

(Number (ISBN

0273725270

(Number (ISBN

9780273725275

Number

b588176

Title Proper

Corporate Finance Principles and Practice.

General Material Designation

[Book]

First Statement of Responsibility

Denzil Watson

Edition Statement

5th ed

Place of Publication, Distribution, etc.

Pearson Education UK

Date of Publication, Distribution, etc.

2010

Specific Material Designation and Extent of Item

(498 pages)

Text of Note

Cover --; Corporate finance --; About the authors --; Contents --; Guided tour of the book --; Getting started with MyFinanceLab --; Preface --; Acknowledgements --; The finance function --; Learning objectives --; Introduction --; Two key concepts in corporate finance --; The role of the financial manager --; Corporate objectives --; How is shareholder wealth maximised? --; Agency theory --; Corporate governance --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Capital markets, market efficiency and ratio analysis --; Learning objectives --; Introduction --; Sources of business finance --; Capital markets --; Capital market efficiency --; Assessing financial performance --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Short-term finance and the management of working capital --; Learning objectives --; Introduction --; The objectives of working capital management --; Working capital policies --; Working capital and the cash conversion cycle --; Overtrading --; The management of inventory --; The management of cash --; The management of receivables --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Long-term finance: equity finance --; Learning objectives --; Introduction --; Equity finance --; The stock exchange --; Rights issues --; Scrip issues, share splits, scrip dividends and share repurchases --; Preference shares --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Long-term finance: debt finance, hybrid finance and leasing --; Learning objectives --; Introduction --; Bonds, loan stock and debentures. Bank and institutional debt --; International debt finance --; Convertible bonds --; Warrants --; The valuation of fixed-interest bonds --; The valuation of convertible bonds --; Leasing --; Evaluating the financial effect of financing choices --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; An overview of investment appraisal methods --; Learning objectives --; Introduction --; The payback method --; The return on capital employed method --; The net present value method --; The internal rate of return method --; A comparison of the NPV and IRR methods --; The profitability index and capital rationing --; The discounted payback method --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Investment appraisal: applications and risk --; Learning objectives --; Introduction --; Relevant project cash flows --; Taxation and capital investment decisions --; Inflation and capital investment decisions --; Investment appraisal and risk --; Appraisal of foreign direct investment --; Empirical investigations of investment appraisal --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Portfolio theory and the capital asset pricing model --; Learning objectives --; Introduction --; The measurement of risk --; The concept of diversification --; Investor attitudes to risk --; Markowitz's portfolio theory --; Introduction to the capital asset pricing model --; Using the CAPM to value shares --; Empirical tests of the CAPM --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; The cost of capital and capital structure --; Learning objectives. Introduction --; Calculating the cost of individual sources of finance --; Calculation of weighted average cost of capital --; Average and marginal cost of capital --; The CAPM and investment appraisal --; Practical problems with calculating WACC --; WACC in the real world --; The cost of capital for foreign direct investment --; Gearing: its measurement and significance --; The concept of an optimal capital structure --; The traditional approach to capital structure --; Miller and Modigliani (I): the net income approach --; Miller and Modigliani (II): corporate tax --; Market imperfections --; Miller and personal taxation --; Pecking order theory --; Does an optimal capital structure exist? A conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Dividend policy --; Learning objectives --; Introduction --; Dividends: operational and practical issues --; The effect of dividends on shareholder wealth --; Dividend irrelevance --; Dividend relevance --; Dividend relevance or irrelevance? --; Dividend policies --; Alternatives to cash dividends --; Empirical evidence on dividend policy --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Mergers and takeovers --; Learning objectives --; Introduction --; The terminology of mergers and takeovers --; Justifications for acquisitions --; Trends in takeover activity --; Target company valuation --; The financing of acquisitions --; Strategic and tactical issues --; Divestment --; Private equity --; Empirical research on acquisitions --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Risk management --; Learning objectives --; Introduction --; Interest and exchange rate risk. Internal risk management --; External risk management --; Futures contracts --; Options --; Swaps --; Issues in interest and exchange risk management --; Political risk --; Conclusion --; Key points --; Self-test questions --; Questions for review --; Questions for discussion --; References --; Recommended reading --; Appendix: Answers to end-of-chapter questions --; Glossary --; Present value tables --; Index.

Text of Note

The fifth edition of Corporate Finance: Principles and Practice really does do what it says on the tin. Key principles and mathematical techniques are clearly explained step #x96;by-step and later put into practice through the use of many vignettes taking a closer look at real well-known companies.

Denzil Watson

Antony Head

Denzil Watson

Electronic name

[Book]

Y