James C. Van Horne, Stanford University

Publisher: Prentice Hall
Copyright: 2002
Format: Cloth; 832 pp

ISBN-10:	0130326577
ISBN-13:	9780130326577

Our Price: £50.99
Status: Not Yet Published
Estimated Availability: 13 Jun 2001

Highly respected for its effective integration of financial theory and practice, this classic text explores the rapidly evolving and exciting theory of finance as it relates to a corporation's investment in assets, financing, and dividends. It explains the ways in which analytical techniques are brought to bear on financial decision making and supplies the institutional material necessary for a solid understanding of the environment in which financial decisions are made.

I. FOUNDATIONS OF FINANCE.

II. INVESTMENT IN ASSETS AND REQUIRED RETURNS.

III. FINANCING AND DIVIDEND POLICIES.

IV. TOOLS OF FINANCIAL ANALYSIS AND CONTROL.

V. LIQUIDITY AND WORKING CAPITAL MANAGEMENT.

VI. CAPITAL MARKET FINANCING AND RISK MANAGEMENT.

VII. EXPANSION AND CONTRACTION.

• NEW - Inclusion of marginal sidebars.

  • Defines important terms and alternative explanations for students. Ex.___

• NEW - Nine boxed presentations.

  • Discusses issues, many international, that add a practical perspective to various aspects of corporate finance. Ex.___

• NEW - Three new cases added—A total of eight cases highlight major issues in financial analysis, valuation, and financing.

• NEW - Extensively revised coverage of relevant topics throughout—Provides new and updated information on topics such as efficient markets, share repurchase, empirical evidence, electronic funds transfers, loan pricing, private placements, tax treatment of preferred-stock dividends and tax-deductible preferred stock, exotic securities used in corporate finance, and many others.

• The last three chapters are completely updated and revised—Chapter 23, Mergers and the Market for Corporate Control provides new sections on control premiums, anti-takeover amendments, acquisitions, and more. Chapter 24, Corporate and Distress Restructuring provides important information on spin-offs and on equity carveouts. Chapter 25, International Financial Management offers a new section on economic exposure to unexpected currency movements and on analysis of the direction and magnitude of the effect.

• Financial analysis and analytical techniques are discussed in conjunction—Applies these topics as they relate to financial decision making with an emphasis on formulating alternatives, analyzing them, and reaching a decision.

• Chapter 21, Hybrid Financing through Equity-Linked Securities, has been rewritten—Now includes coverage of: PERCS, DECS, YEELDS, LYONS, CEPS, and CEPPPS.

• Inclusion of marginal sidebars.

  • Defines important terms and alternative explanations for students. Ex.___

• Nine boxed presentations.

  • Discusses issues, many international, that add a practical perspective to various aspects of corporate finance. Ex.___

• Three new cases added—A total of eight cases highlight major issues in financial analysis, valuation, and financing.

• Extensively revised coverage of relevant topics throughout—Provides new and updated information on topics such as efficient markets, share repurchase, empirical evidence, electronic funds transfers, loan pricing, private placements, tax treatment of preferred-stock dividends and tax-deductible preferred stock, exotic securities used in corporate finance, and many others.