Essentials of Corporate Finance + Self Study CD-ROM + PowerWeb - Rilegato

Ross, Stephen; Westerfield, Randolph; Jordan, Bradford

Rilegato

ISBN 10: 0072848847 ISBN 13: 9780072848847

Casa editrice: McGraw-Hill Education, 2003

Riassunto

Essentials of Corporate Finance, 4/e by Ross, Westerfield, and Jordan is written to convey the most important concepts and principles of corporate finance at a level that is approachable for a wide audience. The authors retain their modern approach to finance, but have distilled the subject down to the essential topics in 18 chapters. They believe that understanding the "why" is just as important, if not more so, than understanding the "how," especially in an introductory course. Three basic themes emerge as their central focus: 1.An emphasis on intuition―separate and explain the principles at work on a common sense, intuitive level before launching into specifics. Underlying ideas are discussed first in general terms, then followed by specific examples that illustrate in more concrete terms how a financial manager might proceed in a given situation 2.A unified valuation approach―Net Present Value is treated as the basic concept underlying corporate finance. Every subject the authors cover is firmly rooted in valuation, and care is taken to explain how decisions have valuation effects. 3.A managerial focus―Students learn that financial management concerns management. The role of financial manager as decision maker is emphasized and they stress the need for managerial input and judgment.

Su questo libro

L'autore:

STEPHEN A. ROSS Sloan School of Management, Massachusetts Institute of Technology Stephen A. Ross was the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross was widely recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he also served as an associate editor of several academic and practitioner journals. He was a trustee of CalTech. He died suddenly in March of 2017.

Randolph W.Westerfield is Dean Emeritus of the University of Southern California's Marshall School of Business and is the Charles B. Thornton Professor of Finance. He came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and a member of the finance faculty for 20 years.

Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance at the University of Kentucky. He has a longstanding interest in both applied and theoretical issues in corporate finance and has extensive experience teaching all levels of corporate finance and financial management policy. 

Contenuti:

Part I. Overview of Financial Management

Ch. 1 Introduction to Financial Management

Part 2. Understanding Financial Statements and Cash Flow

Ch. 2 Financial Statements, Taxes, and Cash Flow

Ch. 3 Working with Financial Statements

Part 3. Valuation of Future Cash Flows

Ch. 4 Introduction to Valuation: The Time Value of Money

Ch. 5 Discounted Cash Flow Valuation

Part 4. Valuing Stocks and Bonds

Ch. 6 Interest Rates and Bond Valuation

Ch. 7 Equity Markets and Stock Valuation

Part 5. Capital Budgeting

Ch. 8 Net Present Value and Other Investment Criteria

Ch. 9 Making Capital Investment Decisions

Part 6. Risk and Return

Ch. 10 Some Lessons from Capital Market History

Ch. 11 Risk and Return

Part 7. Long-Term Financing

Ch. 12 Cost of Capital

Ch. 13 Leverage and Capital Structure

Ch. 14 Dividends and Dividend Policy

Ch. 15 Raising Capital

Part 8. Short-Term Financial Management

Ch. 16 Short-Term Financial Planning

Ch. 17 Working Capital Management

Part 9. Topics in Business Finance

Ch. 18 International Aspects of Financial Management

Appendix A. Mathematical Tables

Appendix B. Key Equations

Appendix C. Answers to Selected End-of-Chapter Problems

Appendix D. Using the HP-10B and TI BA II Plus Financial Calculators

Su questa edizione

• Editore: McGraw-Hill Education
• Data di pubblicazione: 2003
• ISBN 10: 0072848847
• ISBN 13: 9780072848847
• Rilegatura: Copertina rigida
• Numero edizione: 4