Essentials of Corporate Finance

Hardcover
from $0.00

Author: Stephen A. Ross

ISBN-10: 0073382469

ISBN-13: 9780073382463

Category: Corporate Finance

Search in google:

Essentials of Corporate Finance, 7th edition 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.

Ch. 1Introduction to financial managementCh. 2Financial statements, taxes, and cash flowCh. 3Working with financial statementsCh. 4Introduction to valuation : the time value of moneyCh. 5Discounted cash flow valuationCh. 6Interest rates and bond valuationCh. 7Equity markets and stock valuationCh. 8New present value and other investment criteriaCh. 9Making capital investment decisionsCh. 10Some lessons from capital market historyCh. 11Risk and returnCh. 12Cost of capitalCh. 13Leverage and capital structureCh. 14Dividends and dividend policyCh. 15Raising capitalCh. 16Short-team financial planningCh. 17Working capital managementCh. 18International aspects of financial management