Antony Head: Corporate Finance | Taschenbuch

Cover: 9781292244310 | Corporate Finance | Principles and Practice | Antony Head (u. a.)

Dekorationsartikel gehören nicht zum Leistungsumfang.

Sprache: Englisch

104,95 €*

inkl. MwSt.

Versandkostenfrei per Post / DHL

Lieferzeit 1-2 Wochen

Kategorien:

Der Artikel ist nicht in deutscher Sprache verfasst.
Die Sprache der Produktbeschreibung und Details kann in Englisch angegeben sein. Sollten Sie Verständnisprobleme haben, wenden Sie sich gerne an uns.

Beschreibung

Corporate Finance: Principles and Practice is the book that helps you to get to grips with core concepts and topics of corporate finance all in one short volume, illustrating applications with examples from well-known companies, and explaining the key principles and mathematical techniques needed to be successful in your studies and in your career.

Über den Autor

Denzil Watson is a Principal Lecturer, and Antony Head is an Associate Lecturer in the Sheffield Business School at Sheffield Hallam University. They both have extensive experience teaching Corporate Finance, managerial finance, and strategic financial management in a wide range of courses, at undergraduate, postgraduate, and professional levels.

Inhaltsverzeichnis

Preface Acknowledgements

The finance function Learning objectives Introduction
- 1.1 Two key concepts in corporate finance
- 1.2 The role of the financial manager
- 1.3 Corporate objectives
- 1.4 How is shareholder wealth maximised?
- 1.5 Agency theory
- 1.6 Corporate governance
- 1.7 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Capital markets, market efficiency and ratio analysis Learning objectives Introduction
- 2.1 Sources of business finance
- 2.2 Capital markets
- 2.3 Capital market efficiency
- 2.4 Assessing financial performance
- 2.5 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Short-term finance and working capital management Learning objectives Introduction
- 3.1 The objectives of working capital management
- 3.2 Working capital policies
- 3.3 Working capital and the cash conversion cycle
- 3.4 Overtrading
- 3.5 Managing inventory
- 3.6 Managing cash
- 3.7 Managing trade receivables
- 3.8 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Long-term finance: equity finance Learning objectives Introduction
- 4.1 Equity finance
- 4.2 The Stock Exchange
- 4.3 Rights issues
- 4.4 Scrip issues, share splits, scrip dividends and share repurchases
- 4.5 Preference shares
- 4.6 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Long-term finance: debt finance, hybrid finance and leasing Learning objectives Introduction
- 5.1 Bonds, loan notes, loan stock and debentures
- 5.2 Bank and institutional debt
- 5.3 International debt finance
- 5.4 Convertible bonds
- 5.5 Warrants
- 5.6 Valuing fixed interest bonds
- 5.7 Valuing convertible bonds
- 5.8 Leasing
- 5.9 Evaluating the financial effects of financing choices
- 5.10 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
An overview of investment appraisal methods Learning objectives Introduction
- 6.1 The payback method
- 6.2 The return on capital employed method
- 6.3 The net present value method
- 6.4 The internal rate of return method
- 6.5 Comparing the NPV and IRR methods
- 6.6 The profitability index and capital rationing
- 6.7 The discounted payback method
- 6.8 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Investment appraisal: applications and risk Learning objectives Introduction
- 7.1 Relevant project cash flows
- 7.2 Taxation and capital investment decisions
- 7.3 Inflation and capital investment decisions
- 7.4 Investment appraisal and risk
- 7.5 Appraisal of foreign direct investment
- 7.6 Empirical investigations of investment appraisal
- 7.7 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Portfolio theory and the capital asset pricing model Learning objectives Introduction
- 8.1 The measurement of risk
- 8.2 The concept of diversification
- 8.3 Investor attitudes to risk
- 8.4 Markowitz's portfolio theory
- 8.5 Introduction to the capital asset pricing model
- 8.6 Using the CAPM to value shares
- 8.7 Empirical tests of the CAPM
- 8.8 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
The cost of capital and capital structure Learning objectives Introduction
- 9.1 Calculating the cost of individual sources of finance
- 9.2 Calculating the weighted average cost of capital
- 9.3 Average and marginal cost of capital
- 9.4 The CAPM and investment appraisal
- 9.5 Practical problems with calculating WACC
- 9.6 WACC in the real world
- 9.7 The cost of capital for foreign direct investment
- 9.8 Gearing: its measurement and significance
- 9.9 The concept of an optimal capital structure
- 9.10 The traditional approach to capital structure
- 9.11 Miller and Modigliani (I): net income approach
- 9.12 Miller and Modigliani (II): corporate tax
- 9.13 Market imperfections
- 9.14 Miller and personal taxation
- 9.15 Pecking order theory
- 9.16 Conclusion: does an optimal capital structure exist?
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Dividend policy Learning objectives Introduction
- 10.1 Dividends: operational and practical issues
- 10.2 The effect of dividends on shareholder wealth
- 10.3 Dividend irrelevance
- 10.4 Dividend relevance
- 10.5 Dividend relevance or irrelevance?
- 10.6 Dividend policies
- 10.7 Alternatives to cash dividends
- 10.8 Empirical evidence on dividend policy
- 10.9 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Mergers and takeovers Learning objectives Introduction
- 11.1 The terminology of mergers and takeovers
- 11.2 Justifications for acquisitions
- 11.3 Trends in takeover activity
- 11.4 Target company valuation
- 11.5 The financing of acquisitions
- 11.6 Strategic and tactical issues
- 11.7 Divestment
- 11.8 Private equity
- 11.9 Empirical research on acquisitions
- 11.10 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading
Risk management Learning objectives Introduction
- 12.1 Interest and exchange rate risk
- 12.2 Internal risk management
- 12.3 External risk management
- 12.4 Futures contracts
- 12.5 Options
- 12.6 Swaps
- 12.7 Issues in interest and exchange risk management
- 12.8 Political risk
- 12.9 Conclusion
Key points Self-test questions Questions for review Questions for discussion References Recommended reading

Answers to self-test questions Glossary Present value tables Index

Details

Erscheinungsjahr:	2019
Fachbereich:	Betriebswirtschaft
Genre:	Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Taschenbuch
Inhalt:	Kartoniert / Broschiert
ISBN-13:	9781292244310
ISBN-10:	1292244313
Sprache:	Englisch
Einband:	Kartoniert / Broschiert
Autor:	Head, Antony Watson, Denzil
Hersteller:	Pearson Education Limited
Maße:	246 x 192 x 22 mm
Von/Mit:	Antony Head (u. a.)
Erscheinungsdatum:	05.03.2019
Gewicht:	0,866 kg

Artikel-ID: 116549532