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OverviewBrealey: Principles of Corporate Finance bridges the gap between financial theory and practical application for corporate finance. It emphasizes the importance of understanding financial theory to adapt to non-routine situations and evolving market conditions. By explaining why companies and financial markets behave as they do, the book equips managers with the tools to make informed decisions, not just based on experience but backed by theory. The authors address controversies within financial theory, offering balanced viewpoints while emphasizing practical applications to increase company value. Full Product DetailsAuthor: Richard Brealey , Stewart Myers , Franklin Allen , Alex EdmansPublisher: McGraw-Hill Education Imprint: McGraw-Hill Education Edition: 15th edition Weight: 1.746kg ISBN: 9781265087586ISBN 10: 126508758 Pages: 1152 Publication Date: 14 May 2025 Audience: College/higher education , Tertiary & Higher Education Format: Paperback Publisher's Status: Active Availability: Available To Order We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsPART ONE: VALUE 1. Introduction to Corporate Finance 2. How to Calculate Present Values 3. Valuing Bonds 4. Valuing Stocks 5. Net Present Value and Other Investment Criteria 6. Making Investment Decisions with the Net Present Value Rule PART TWO: RISK 7. Introduction to Risk, Diversification, and Portfolio Selection 8. The Capital Asset Pricing Model 9. Risk and the Cost of Capital PART THREE: BEST PRACTICES IN CAPITAL BUDGETING 10. Project Analysis 11. How to Ensure That Projects Truly Have Positive NPVs PART FOUR: FINANCING DECISIONS AND MARKETING EFFICIENCY 12. Efficient Markets and Behavioral Finance 13. An Overview of Corporate Financing 14. How Corporations Issue Securities PART FIVE: PAYOUT POLICY AND CAPITAL STRUCTURE 15. Payout Policy 16. Does Debt Policy Matter? 17. How Much Should a Corporation Borrow? 18. Financing and Valuation PART SIX: CORPORATE OBJECTIVES AND GOVERNANCE 19. Agency Problems and Corporate Governance 20. Stakeholder Capitalism and Responsible Business PART SEVEN: OPTIONS 21. Understanding Options 22. Valuing Options 23. Real Options PART EIGHT: DEBT FINANCING 24. Credit Risk and the Value of Corporate Debt 25. The Many Different Kinds of Debt 26. Leasing PART NINE: RISK MANAGEMENT 27. Managing Risk 28. International Financial Management PART TEN: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT 29. Financial Analysis 30. Financial Planning 31. Working Capital Management PART ELEVEN: MERGERS, CORPORATE CONTROL, AND GOVERNANCE 32. Mergers 33. Corporate Restructuring PART TWELVE: CONCLUSION 34. Conclusion: What We Do and Do Not Know about FinanceReviewsAuthor InformationStewart C. Myers - Emeritus Professor of Financial Economics at MIT’s Sloan School of Management. He is past president of the American Finance Association, a research associate at the National Bureau of Economic Research, a principal of the Brattle Group Inc., and a retired director of Entergy Corporation. His research is primarily concerned with the valuation of real and financial assets, corporate financial policy, and financial aspects of government regulation of business. He is the author of influential research papers on many topics, including adjusted present value, rate of return regulation, pricing and capital allocation in insurance, real options, and moral hazard and information issues in capital structure decisions. Franklin Allen - Professor of Finance and Economics, Imperial College London, and Emeritus Nippon Life Professor of Finance at the Wharton School of the University of Pennsylvania. He is past president of the American Finance Association, Western Finance Association, Society for Financial Studies, Financial Intermediation Research Society, and Financial Management Association. His research has focused on financial innovation, asset price bubbles, comparing financial systems, and financial crises. He is Director of the Brevan Howard Centre for Financial Analysis at Imperial College Business School. Alex Edmans is Professor of Finance at London Business School. Alex has a PhD from MIT as a Fulbright Scholar, and was previously a tenured professor at Wharton and an investment banker at Morgan Stanley. Alex has spoken at the World Economic Forum in Davos, testified in the UK Parliament, and given the TED talk What to Trust in a Post-Truth World and the TEDx talks The Pie-Growing Mindset and The Social Responsibility of Business with a combined 3 million views. He serves as non-executive director of the Investor Forum and on Morgan Stanley’s Institute for Sustainable Investing Advisory Board, Novo Nordisk’s Sustainability Advisory Council, and Royal London Asset Management’s Responsible Investment Advisory Committee. He is a Fellow of the British Academy and a Fellow of the Academy of Social Sciences.Alex’s book, Grow the Pie: How Great Companies Deliver Both Purpose and Profit, was a Financial Times Book of the Year and has been translated into nine languages. His latest book, May Contain Lies: How Stories, Statistics, and Studies Exploit Our Biases – And What We Can Do About It was published by Penguin Random House in 2024. He has won 28 teaching awards and was named Professor of the Year by Poets & Quants in 2021. Tab Content 6Author Website:Countries AvailableAll regions |
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