Financial Markets and Corporate Strategy

Informationen zum Autor University of California at Los Angeles! Ph.D. Yale Mark Grinblatt is Professor of Finance at UCLAs Anderson School! where he currently serves as chair of the Finance area! and where he began his career in 1981. He is also a director on the board of Salomon Swapco! Inc.! a consultant to numerous firms! and serves as an associate editor of Journal of Financial and Quantitative Analysis. From 1987 to 1989! Professor Grinblatt was a visiting professor at the Wharton School and while on leave from UCLA in 1989 and 1990! he was a vice-president for Salomon Brothers! Inc.! valuing complex derivatives for the fixed income arbitrage trading group in the firm. Professor Grinblatt is a noted teacher at UCLA! having been awarded teacher of the year in 1993 for UCLAs Fully-Employed MBA Program by a vote of the students. This award was based on his teaching of a course designed around early drafts of this textbook. Professor Grinblatts areas of expertise include investments! performance evaluation of fund managers! fixed income markets! corporate finance and derivatives. Klappentext Gives you an understanding and explanation of finance and its practice. Written to influence the way people think about! teach! and practice finance! this book includes a chapter on the key ingredients of valuation: accounting! cash flows! and basic discounting. Each chapter features examples! vignettes! numbers! statements! and exercises. Zusammenfassung Gives you an understanding and explanation of finance and its practice. Written to influence the way people think about! teach! and practice finance! this book includes a chapter on the key ingredients of valuation: accounting! cash flows! and basic discounting. Each chapter features examples! vignettes! numbers! statements! and exercises. Inhaltsverzeichnis Part I. Financial Markets and Financial Instruments1.Raising Capital2.Debt Financing3.Equity FinancingPart II. Valuing Financial Assets4.The Mathematics and Statistics of Portfolios5.Mean-Variance Analysis and the Capital Asset Pricing Model6.Factor Models and the Arbitrage Pricing Theory7.Pricing Derivatives8.OptionsPart III. Valuing Real Assets9.Discounting and Valuation10.Investing in Riskless Projects11.Investing in Risky Projects12.Allocating Capital and Corporate Strategy13.Corporate Taxes and the Impact of Financing On Real Asset ValuationPart IV. Capital Structure14.How Taxes Affect Financing Choices15.How Taxes Affect Dividends and Share Repurchases16.Bankruptcy Costs and Debt Holder-Equity Holder Conflicts17.Capital Structure and Corporate StrategyPart V. Incentives! Information! and Corporate Control18.How Managerial Incentives Affects Financial Decisions19.The Information Conveyed by Financial Decisions20.Mergers and AcquisitionsPart VI. Risk Management21.Risk Management and Corporate Strategy22.The Practice of Hedging23.Interest Rate Risk ManagementAppendix A. Interest Rate MathematicsAppendix B. Mathematical Tables ...

Product details

• Authors: Mark Grinblatt, Sheridan Itman, Sheridan Titman
• Publisher: Mcgraw Hill Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 01.11.2011
• EAN: 9780071236867
• ISBN: 978-0-07-123686-7
• Dimensions: 204 mm x 256 mm x 32 mm
• Series: International Edition
• Subject: Social sciences, law, business > Business