Introduction to Corporate Finance (with SMARTMoves4me and Thomson ONE Business School Edition Printed Access Cards) / Edition 2 available in Hardcover
- Pub. Date:
- Cengage Learning
Life is filled with choices. Choosing your own text usually is not one of them. Until now. INTRODUCTION TO CORPORATE FINANCE, 2E brings real choices to finance. Corporate finance isn't just for majors. Countless classrooms are packed with non-finance majors who may be intimidated by the course or wonder why they have to take it. Practical, timely, and relevant, this text meets your needs by building upon your business knowledge. With four basic versions of the text, Professors Megginson and Smart offer true choice. They present financial concepts in the context of real-world examples and hands-on applications giving you illustrations that relate to your life. They combine theoretically sound text with fully integrated SmartFinance learning tools to equip you with a solid understanding of corporate finance concepts and the ability to effectively apply them to business. Creating a text that is fluid and friendly, the authors used the S.M.A.R.T. program to identify key resources. As a result, (S)tudy, (M)ap, (A)ccess, (R)eview, (T)est enables you to see the entire chapter as a whole and put concepts into action.
About the Author
Bill Megginson is Professor and Rainbolt Chair in Finance at the University of Oklahoma. He is also a voting member of the Italian Ministry of Economics and Finance's Global Advisory Committee on Privatization. He has published refereed articles in several top academic journals, including the Journal of Economic Literature, the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and Foreign Policy. Dr. Megginson holds a Ph.D. in finance from Florida State University. He has visited 63 countries and has served as a privatization consultant for the New York Stock Exchange, the OECD, the IMF, the World Federation of Exchanges, and the World Bank.
John Graham is the D. Richard Mead Professor of Finance at Duke University where he also serves as the Director of the CFO Global Business Outlook survey. He is coeditor of the Journal of Finance. Professor Graham is also a Research Associate with the National Bureau of Economic Research, Vice President of the Western Finance Association, and been recognised for outstanding teaching and faculty contributions at Duke and the University of Utah.
Table of Contents
Part I: INTRODUCTION. 1. The Scope of Corporate Finance. 2. Financial Statement and Cash Flow Analysis. 3. Time Value of Money. Part II: VALUATION, RISK AND RETURN. 4. Valuing Bonds. 5. Valuing Stocks. 6. The Tradeoff Between Risk and Return. 7. Risk, Return, and the Capital Asset Pricing Model. Part III: CAPITAL BUDGETING. 8. Capital Budgeting Process and Techniques. 9. Cash Flow and Capital Budgeting. 10. Risk and Capital Budgeting. Part IV: CAPITAL STRUCTURE AND DIVIDEND POLICY. 11. Raising Long-Term Financing. 12. Capital Structure. 13. Long-Term Debt and Leasing. 14. Dividend Policy. Part V: FINANCIAL PLANNING AND MANAGEMENT. 15. Financial Planning. 16. Cash Conversion, Inventory, and Receivables Management. 17. Cash, Payables, and Liquidity Management. Part VI: SPECIAL TOPICS. 18. International Financial Management. 19. Options. 20. Venture Capital and Private Equity. 21. Mergers, Acquisitions, and Corporate Control. Web Chapters. 22. Bankruptcy and Financial Distress. 23. Risk Management.