Corporate Finance, Global Edition

This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content, which is especially relevant to students outside the United States.

For MBA/graduate students taking a course in corporate finance.

An emphasis on modern theory blended with practice elevates students' financial decision making
Using the valuation framework based on the Law of One Price, top researchers Jonathan Berk and Peter DeMarzo have set the new canon for corporate finance textbooks. Corporate Finance, 5th Edition blends coverage of time-tested principles and the latest advancements with the practical perspective of the financial manager. Students have the opportunity to "practice finance to learn finance" by solving quantitative business problems like those faced by today's professionals. With built-in resources to help students master the core concepts, students develop the tools they need to make sound financial decisions in their careers.

For a streamlined book specifically tailored to the topics covered in the first one-semester course, Corporate Finance: The Core, 5th Edition is also available by Jonathan Berk and Peter DeMarzo.

MyLab Finance is not included. Students, if MyLab Finance is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN. MyLab Finance should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

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List of contents

PART 1: INTRODUCTION

1. The Corporation and Financial Markets
2. Introduction to Financial Statement Analysis
3. Financial Decision Making and the Law of One Price

PART II: TIME, MONEY, AND INTEREST RATES

4. The Time Value of Money
5. Interest Rates
6. Valuing Bonds

PART III: VALUING PROJECTS AND FIRMS

7. Investment Decision Rules
8. Fundamentals of Capital Budgeting
9. Valuing Stocks

PART IV: RISK AND RETURN

10. Capital Markets and the Pricing of Risk
11. Optimal Portfolio Choice and the Capital Asset Pricing Model
12. Estimating the Cost of Capital
13. Investor Behavior and Capital Market Efficiency

PART V: CAPITAL STRUCTURE

14. Capital Structure in a Perfect Market
15. Debt and Taxes
16. Financial Distress, Managerial Incentives, and Information
17. Payout Policy

PART VI: ADVANCED VALUATION

18. Capital Budgeting and Valuation with Leverage
19. Valuation and Financial Modeling: A Case Study

PART VII: OPTIONS

20. Financial Options
21. Option Valuation
22. Real Options

PART VIII: LONG-TERM FINANCING

23. Raising Equity Capital
24. Debt Financing
25. Leasing

PART IX: SHORT-TERM FINANCING

26. Working Capital Management
27. Short-Term Financial Planning

PART X: SPECIAL TOPICS

28. Mergers and Acquisitions
29. Corporate Governance
30. Risk Management
31. International Corporate Finance

About the author

Jonathan Berk is the A.P. Giannini Professor of Finance at the Graduate School of Business, Stanford University, and is a Research Associate at the National Bureau of Economic Research.
Before coming to Stanford, he was the Sylvan Coleman Professor of Finance at Hans School of Business at the University of California, Berkeley. Prior to earning his Ph.D., he worked as an Associate at Goldman Sachs (where his education in finance really began).
Peter DeMarzo is the Staehelin Family Professor of Finance at the Graduate School of Business, Stanford University.
He is the current President of the American Finance Association and a Research Associate at the National Bureau of Economic Research. He teaches MBA and Ph.D. courses in Corporate Finance and Financial Modeling.

Summary

Think Finance" from theory to practice, and study core modern financial principles to improve your decision-making skills.

Product details

• Authors: Jonathan Berk, Peter DeMarzo
• Publisher: Pearson Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 31.12.2019
• EAN: 9781292304151
• ISBN: 978-1-292-30415-1
• Series: Pearson
• Subject: Social sciences, law, business > Business > Business administration