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Informationen zum Autor Richard A. Brealey is a Professor of Finance at the 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 as director of a number of financial institutions. Professor Brealey is also the author (with Professor Myers) of this books sister text! Principles of Corporate Finance. Klappentext Principles of Corporate Finance is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The text is comprehensive! authoritative! and modern and yet the material is presented at a common sense level. The discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humor for which the book is well known and highly regarded. This text is a valued reference for thousands of practicing financial managers. Zusammenfassung Describes the theory and practice of corporate finance. This book shows how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The text is comprehensive and the material is presented at a common sense level. Inhaltsverzeichnis Part One: Value1. Finance and the Financial Manager2. Present Values! the Objectives of the Firm! and Corporate Governance 3. How to Calculate Present Values4. Valuing Bonds5. The Value of Common Stocks6. Why Net Present Value Leads to Better Investment Decisions than Other Criteria7. Making Investment Decisions with the Net Present Value RulePart Two: Risk8. Introduction to Risk! Return! and the Opportunity Cost of Capital9. Risk and Return10. Capital Budgeting and RiskPart Three: Best Practices in Capital Budgeting11. Project Analysis12. Investment! Strategy! and Economic Rents13. Agency Problems! Management Compensation! and the Measurement of PerformancePart Four: Financing Decisions and Market Efficiency14. Efficient Markets and Behavioral Finance15. An Overview of Corporate Financing16. How Corporations Issue SecuritiesPart Five: Payout Policy and Capital Structure17. Payout Policy18. Does Debt Policy Matter?19. How Much Should a Firm Borrow?20. Financing and ValuationPart Six: Options21. Understanding Options22. Valuing Options23. Real OptionsPart Seven: Debt Financing24. Credit Risk and the Value of Corporate Debt25. The Many Different Kinds of Debt26. LeasingPart Eight: Risk Management27. Managing Risk28. Managing International RisksPart Nine: Financial Planning and the Management of Working Capital29. Financial Analysis and Planning30. Working Capital Management31. Short-Term Financial PlanningPart Ten: Mergers! Corporate Control! and Governance32. Mergers33. Corporate Restructuring34. Governance and Corporate Control Around the WorldPart Eleven: Conclusion35. Conclusion: What We Do and Do Not Know About Finance ...
