內容簡介
The best-selling Fundamentals of Corporate Finance (FCF) has three basic themes that are the central focus of the book: 1. An emphasis on intuition—the authors separate and explain the principles at work on a common sense, intuitive level before launching into any specifics. 2. A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. 3. A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment.
作者介紹
Stephen A. Ross 現職:Massachusetts Institute of TechnologyRandolph W. Westerfield 現職:University of Southern California,EmeritusBradford D. Jordan 現職:University of Kentucky導讀者簡介郭震坤 現職:國立台灣大學國際企業學系暨研究所國際財務金融教授
目次
PART I: OVERVIEW OF CORPORATE FINANCECh1 Introduction to Corporate FinanceCh2 Financial Statements, Taxes, and Cash FlowPART II: FINANCIAL STATEMENTS AND LONG-TERM FINANCIAL PLANNINGCh3 Working with Financial StatementsCh4 Long-Term Financial Planning and GrowthPART III: VALUATION OF FUTURE CASH FLOWSCh5 Introduction to Valuation: The Time Value of MoneyCh6 Discounted Cash Flow ValuationCh7 Interest Rates and Bond ValuationCh8 Stock ValuationPART IV: CAPITAL BUDGETINGCh9 Net Present Value and Other Investment CriteriaCh10 Making Capital Investment DecisionsCh11 Project Analysis and EvaluationPART V: RISK AND RETURNCh12 Some Lessons from Capital Market HistoryCh13 Return, Risk, and the Security Market LinePART VI: COST OF CAPITAL AND LONG-TERM FINANCIAL POLICYCh14 Cost of CapitalCh15 Raising CapitalCh16 Financial Leverage and Capital Structure PolicyCh17 Dividends and Payout PolicyPART VII: SHORT-TERM FINANCIAL PLANNING AND MANAGEMENTCh18 Short-Term Finance and PlanningCh19 Cash and Liquidity ManagementCh20 Credit and Inventory ManagementPART VIII: TOPICS IN CORPORATE FINANCECh21 International Corporate FinanceCh22 Behavioral Finance: Implications for Financial ManagementCh23 Mergers and Acquisitions