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. Richard A. Brealey and Stewart C. Myers welcome Franklin Allen as a new coauthor to this Eighth Edition. Sometimes the addition of a new coauthor means that one of the existing authors proposes to take a back seat. That is not the case with this team. Dr. Allen’s addition represents a genuine increase in capacity and brings fresh expertise and ideas to an already tremendously successful textbook and partnership.
Brealey/Myers/Allen, Principles of Corporate Finance 8e
1- Finance and the Financial Manager
2- Present Value, the Objectives of the Firm, and Corporate Governance
3- How to Calculate Present Values
4- The Value of Bonds and Common Stocks
5- Why Net Present Value Leads to Better Investment Decisions Than Other Criteria
6- Making Investment Decisions with the Net Present Value Rule
7- Introduction to Risk, Return, and the Opportunity Cost of Capital
8- Risk and Return
9- Capital Budgeting and Risk
10- A Project is Not a Black Box
11- Strategy and the Capital Investment Decision
12- Agency Problems, Management Compensation, and the Measurement of Performance
13- Corporate Financing and the Six Lessons of Market Efficiency
14- An Overview of Corporate Financing
15- How Corporations Issue Securities
16- Payout Policy
17-Does Debt Policy Matter?
18- How Much Should a Firm Borrow?
19- Financing and Valuation
20- Understanding Options
21- Valuing Options
22- Real Options
23- Valuing Government Bonds
24- Credit Risk
25- The Many Different Kinds of Debt
26- Leasing
27- Managing Risk
28- Managing International Risks
29- Financial Analysis and Planning
30- Working Capital Management
31- Short-Term Financial Planning
32- Mergers
33- Corporate Restructuring
34- Governance and Corporate Control Around the World
35- Conclusion: What We Do and Do Not Know About Finance
