Financial Markets and Corporate Strategy 2/e (絕)
- 20本以上，享 8.5折
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洽詢
- 一般書籍
- ISBN：9780071088510
- 作者：Grinblatt
- 版次：2
- 年份：2002
- 出版商：McGraw-Hill
本書特色
目錄
Features
- Examples have been updated, vignettes changed, numbers modified and statements checked for currency and historical accuracy, and exercises and examples have been modified or added to so that the text is even more practical, pedagogically effective and current.
- Very practical text, with many real world examples embedded throughout. Each chapter opens with a real-world vignette to motivate students to learn the issues in the respective chapter.
- Each chapter includes a set of learning objectives to help the student understand what should be learned and mastered from each chapter.
- Virtually every chapter includes numerous examples and case studies, some hypothetical and some real, that help students gain insight into some of the most interesting and sophisticated realms of financial theory and practice.
- Major results and key words and concepts are highlighted throughout each chapter. In addition, the functional use of color is deliberately and carefully done in order to call out important topics.
- Practical Insights is a feature that contains unique guidelines to help students identify the important practical issues faced by the financial manager and where to look in that part of the text to help analyze those issues. This feature enables the book to serve as a reference as well as a primer on finance. Practical Insight boxes are located at the end of each of the six parts.
- Executive Perspective feature provides the reader with testimonials from important financial executives, who have looked over parts of the book and highlight what issues and topics are especially important from the practicing executive's perspective. Examples include Myron S. Scholes, Thomas E. Copeland, David C. Shimko. These are also found at the end of each of the six parts, just after the Practical Insights feature.
- A new brief section on private equity in Chapter 3, Equity Financing.
- Some of the more difficult mathematical material has been cut, and made less intimidating by using narrative discussion vs. mathematical formulas, such as chapter five's discussion of mean-variance analysis.
- Chapter 7 includes a new discussion about the lessons learned from the fate of Long Term Capital Management. It also includes a section about market frictions and their implications for derivative securities pricing and the management of derivatives portfolios.
- Chapter 8 includes an expanded section on covered interest rate parity.
- New Chapter 9: Discounting and Valuation--This chapter was created based on reviewer feedback asking for a chapter that covers the key ingredients of valuation: accounting, cash flows, and basic discounting
- Chapter 10 provides a more in-depth discussion of the equivalent annual cost approach and has several new results.
- Chapter 11 has an expanded discussion of the distinction between firm betas and project betas and provides several new explanations for why these might differ.
Table of Contents
Part I. Financial Markets and Financial Instruments
1. Raising Capital
2. Debt Financing
3. Equity Financing
Part II. Valuing Financial Assets
4. The Mathematics and Statistics of Portfolios
5. Mean-Variance Analysis and the Capital Asset Pricing Model
6. Factor Models and the Arbitrage Pricing Theory
7. Pricing Derivatives
8. Options
Part III. Valuing Real Assets
9. Discounting and Valuation
10. Investing in Riskless Projects 11. Investing in Risky Projects
12. Allocating Capital and Corporate Strategy
13. Corporate Taxes and the Impact of Financing On Real Asset Valuation
Part IV. Capital Structure
14. How Taxes Affect Financing Choices
15. How Taxes Affect Dividends and Share Repurchases
16. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts
17. Capital Structure and Corporate Strategy Part V. Incentives, Information, and Corporate Control
18. How Managerial Incentives Affects Financial Decisions
19. The Information Conveyed by Financial Decisions
20. Mergers and Acquisitions Part VI. Risk Management
21. Risk Management and Corporate Strategy
22. The Practice of Hedging
23. Interest Rate Risk Management
Appendix A. Interest Rate Mathematics
Appendix B. Mathematical Tables
Part I. Financial Markets and Financial Instruments
1. Raising Capital
2. Debt Financing
3. Equity Financing
Part II. Valuing Financial Assets
4. The Mathematics and Statistics of Portfolios
5. Mean-Variance Analysis and the Capital Asset Pricing Model
6. Factor Models and the Arbitrage Pricing Theory
7. Pricing Derivatives
8. Options
Part III. Valuing Real Assets
9. Discounting and Valuation
10. Investing in Riskless Projects 11. Investing in Risky Projects
12. Allocating Capital and Corporate Strategy
13. Corporate Taxes and the Impact of Financing On Real Asset Valuation
Part IV. Capital Structure
14. How Taxes Affect Financing Choices
15. How Taxes Affect Dividends and Share Repurchases
16. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts
17. Capital Structure and Corporate Strategy Part V. Incentives, Information, and Corporate Control
18. How Managerial Incentives Affects Financial Decisions
19. The Information Conveyed by Financial Decisions
20. Mergers and Acquisitions Part VI. Risk Management
21. Risk Management and Corporate Strategy
22. The Practice of Hedging
23. Interest Rate Risk Management
Appendix A. Interest Rate Mathematics
Appendix B. Mathematical Tables
