Corporate Finance: Theory and Practice

ISBN-13: 9780471283324 / Angielski / Twarda / 2001 / 1008 str.

Aswath Damodaran

Opis

Aswath Damodaran is nationally recognized for his teaching approach, using theory and the models that flow from it to understand, analyze and solve problems. He treats corporate finance as a living discipline by making it much more applied than other textbooks. Throughout the text, real companies and real data are used in examples and exercises.

Spis treści

Introduction to Corporate Finance

The Objective in Corporate Finance

The Time Value of Money

Understanding Financial Statements

Value and Price: An Introduction

The Basics of Risk

Estimating Hurdle Rates for Firms

Estimating Hurdle Rates for Projects

Estimating Earnings and Cash Flows on Projects

Investment Decision Rules

Investment Analysis with Inflation and Exchange Rate Risk

Project Interactions, Side Benefits and Side Costs

Investments in Non–Cash working Capital

Investments in Cash and Marketable Securities

Investment Returns and Corporate Strategy

An Overview of Financing Choices

The Financing Process

The Financing Mix

The Optimal Financing Mix

Financing Mix and Choices Dividend Policy

Analyzing Cash Returned to Stockholders

Beyond Cash Dividends: Buybacks, Spin Offs and Divestitures

Valuation: Principles and Practice

Value Enhancement: Tools and Techniques

Acquisitions and Takeovers

Option Applications in Corporate Finance

O autorze

Aswath Damodaran is a professor of finance at the Stern School of Business at New York University, and teaches the corporate finance and equity valuation courses in the MBA program. He received his MBA and Ph.D. from the University of California at Los Angeles. His research interest lie in valuation and applied corporate finance.
He has published articles in the Journal of Financial and Quantitative Analysis, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies, and has written two books on equity valuation ( Damodaran on Valuation and Investment Valuation) and two on corporate finance ( Corporate Finance: Theory and Practice and Applied Corporate Finance: A User′s Manual). He has co–edited a book on investment management with Peter Bernstein ( Investment Management) and is working on a book on investment philosophies.
He was a visiting lecturer at the University of California, Berkeley, from 1984 to 1986, where he received the Earl Cheit Outstanding Teaching Award in 1985. He has been at NYU since 1986, received the Stern School of Business Excellence in Teaching Award (awarded by the graduating class) in 1988, 1991, 1992, and 1999 and was the youngest winner of the University–wide Distinguished Teaching Award (in 1990). He was profiled in Business Week as one of the top twelve business school professors in the United States in 1994.

Blurb

Real Companies, Real Data, Real Time

The Second Edition of Damodaran′s CORPORATE FINANCE asks you to combine theory and data in order to make investment, financing and dividend decisions. But rather than making these decisions in a hypothetical environment, you analyze real data for real companies.

Access real data and additional resources on the Web!

The Second Edition features a greatly expanded and enhanced web site (www.wiley.com/college/damodaran), with many additional resources, including:

• Links and support for the Real Companies, Real Time in–text exercises
• Extra practice problems and solutions
• Periodically updated data for the companies analyzed in the text
• Excel Worksheets for problems in the text
• Wall Street Journal Business Extra Reading Room (A set of articles and discussion questions related to various topics cited within the text.)
• Online Study Guide (Students can purchase this eGrade–based tutorial online via the text′s web site.)
• Numerous instructor resources