1.To reflect the increased attention on agency theory and behavioral finance, the material on efficient markets in Chapter 7 now includes a section on price bubbles as well as a discussion of behavioral biases.
2.There are plenty of references in this edition to the crisis of 2007-2009 and its impact on financial managers, and there are also many less dramatic examples of recent changes in the financial landscape.
3.Chapter 4 emphasizes how financial ratios are used in measuring the value management has added to a firm.
4.Spreadsheet Solutions Boxes demonstrate how students may use Microsoft Excel to perform useful financial calculations.
作者簡介
Richard A. Brealey
現職：London Business School
Stewart C. Myers
現職：Sloan School of Management
Massachusetts Institute of Technology
Alan J. Marcus
現職：Carroll Scholl of Management
Boston College
目 錄
PART I: INTRODUCTION
Ch 1 Goals and Governance of the Corporation
Ch 2 Financial Markets and Institutions
Ch 3 Accounting and Finance
Ch 4 Measuring Corporate Performance
PART II: VALUE
Ch 5 The Time Value of Money
Ch 6 Valuing Bonds
Ch 7 Valuing Stocks
Ch 8 Net Present Value and Other Investment Criteria
Ch 9 Using Discounted Cash-Flow Analysis to Make Investment Decisions
Ch10 Project Analysis
PART III: RISK
Ch11 Introduction to Risk, Return, and the Opportunity Cost of Capital
Ch12 Risk, Return, and Capital Budgeting
Ch13 The Weighted-Average Cost of Capital and Company Valuation
PART IV: FINANCING
Ch14 Introduction to Corporate Financing
Ch15 How Corporations Raise Venture Capital and Issue Securities
PART V: DEBT AND PAYOUT POLICY
Ch16 Debt Policy
Ch17 Payout Policy
PART VI: FINANCIAL ANALYSIS AND PLANNING
Ch18 Long-Term Financial Planning
Ch19 Short-Term Financial Planning
Ch20 Working Capital Management
PART VII: SPECIAL TOPICS
Ch21 Mergers, Acquisitions, and Corporate Control
Ch22 International Financial Management
Ch23 Options
Ch24 Risk Management
PART VIII: CONCLUSION
Ch25 What We Do and Do Not Know about Finance
