Corporate finance: financial management in a global environment

Part 1 The Financial Environment

Chapter 1 An Introduction to Finance

1.1 What is finance?

1.2 Financial instruments and markets

1.3 The global financial crisis

Appendix 1A Careers in Finance



Chapter 2 Financial Management

2.1 Forms of business organizations

2.2 The goals of the business enterprise

2.3 The role of management and agency issues

2.4 Financial management

Case 2.1 The Tex Tech Company

Case 2.2 To invest or not to invest



Part 2 Financial Analysis

Chapter 3 Financial Statements

3.1 Accounting principles

3.2 Financial statements

3.3 The tax system

Case 3.1 Finns' Fridges

Case 3.2 Charlotte Honey Bee Company



Chapter 4 Financial Statement Analysis

4.1 A framework for financial analysis

4.2 Financial ratios

4.3 Using financial ratios

Case 4.1 Ratio Analysis of the Backup Zone

Case 4.2 Applying Altman's Model to IBM



Part 3 The Basics of Valuation

Chapter 5 The Time Value of Money

5.1 Time is money

5.2 Annuities and perpetuities

5.3 Nominal and effective rates

5.4 Applications

Case 5.1 Saving for retirement, considering different scenarios

Case 5.2 Evaluating an investment



Chapter 6 Debt Valuation and Interest Rates

6.1 The basics of bonds

6.2 Bond valuation

6.3 Bond yields

6.4 Government debt obligations

6.5 Interest rates

Case 6.1 Slice & Dice



Chapter 7 Equity Valuation

7.1 Equity securities

7.2 Discounted cash flow approaches to valuing equity

7.3 Using multiples to value equity

Case 7.1 Big G Company

Case 7.2 The Denver Company

Case 7.3 Nova Lobster Company

Appendix 7A A Short Primer on Bubbles



Part 4 Capital Market Theory and Financial Management

Chapter 8 Risk, Return and Portfolio Theory

8.1 Measuring returns

8.2 Measuring risk

8.3 Expected return and risk for portfolios

8.4 The efficient frontier

8.5 Diversification

8.6 A comprehensive example

The standard deviation

Case 8.1 The Boise Boyz Company



Chapter 9 Asset Pricing

9.1 The efficient frontier

9.2 The capital asset pricing model

9.3 The CAPM and market risk

9.4 Alternative asset pricing models

9.5 Market efficiency

9.6 Behavioral finance and financial management

Case 9.1 Morgantown Company Stock

Case 9.2 JPMorgan Chase's Sinking Profit



Part 5 Long-Term Investment Decisions

Chapter 10 Capital Budgeting Decisions

10.1 The capital budgeting process

10.2 Evaluating investment projects

10.3 Special issues

Case 10.1 The Austin Saddle Company Expansion

Appendix 10A Dealing with unequal lives



Chapter 11 Capital Budgeting: Cash Flows and Risk

11.1 Identifying relevant cash flows

11.2 Estimating cash flows

11.3 Sensitivity to inputs

11.4 Replacement decisions

11.5 Inflation and capital budgeting

Case 11.1 The Jam Music Company

Case 11.2 Can Tax Credits Make Solar Panels Profitable?

Appendix 11A Integrative Problem: Dazzle



Part 6 Long-Term Financing

Chapter 12 Debt Instruments

12.1 What is debt?

12.2 Short-term instruments

12.3 Long-term instruments

12.4 Bond ratings

Case 12.1 General Electric's Bond Rating Downgrade



Chapter 13 Equity and Hybrid Instruments

13.1 Shareholders' equity

13.2 Common equity

13.3 Preferred equity

13.4 Hybrid securities

Case 13.1 Angel Financing and St. Paul



Chapter 14 Cost of Capital

14.1 The marginal cost of capital schedule

14.2 Estimating the weights

14.3 Estimating the costs of capital

14.4 Assembling the pieces

Case 14.1 The Lazquez Company

Case 14.2 The Cost of Capital of Merck & Co.



Part 7 Financial Policies

Chapter 15 Capital Structure Decisions

15.1 Operating and financial leverage

15.2 The Modigliani and Miller theorems

15.3 Capital structure in practice

Case 15.1 Analyzing Delta Air Lines



Chapter 16 Dividend Policy

16.1 Distributions to shareholders

16.2 Why do companies pay cash dividends?

16.3 Dividend policy in practice

Case 16.1 Safe-n-Secure

Case 16.2 Cautious George Company



Part 8 Financial Management: Capstone

Chapter 17 Financial Planning, Forecasting and Risk Management

17.1 The role of financial planning in a business entity

17.2 Methods of forecasting

17.3 Risk management

Case 17.1 Peterson Wake-up Calls



Chapter 18 Derivatives

18.1 Options

18.2 Forward and futures contracts

18.3 Swaps

Case 18.1 The Vanilla Bean Company



Chapter 19 Working Capital Management

19.1 Analyzing working capital

19.2 Managing cash and cash equivalents

19.3 Managing accounts receivable

19.4 Managing inventory

19.5 Short-term financing considerations

Case 19.1 Mikopo and Trade Credit



Chapter 20 Leasing

20.1 Leasing arrangements

20.2 Accounting issues

20.3 Evaluating the lease decision

Case 20.1 Malcolm as Tax Czar



Chapter 21 Mergers and Acquisitions

21.1 Types of takeovers

21.2 Motives for mergers and acquisitions

21.3 Valuation issues

21.4 Accounting for acquisitions

Case 21.1 The Merger of Alpha and Beta

Case 21.2 Stanford Sausage Company



Appendix

Answers to Multiple Choice

Questions

Glossary

Index

Description
Corporate Finance by Booth, Cleary, & Drake is designed for a corporate finance course that focuses on decision making for a business enterprise. Authors Booth, Cleary and Drake introduce students to the fundamental concepts in corporate finance through a step-by-step approach to working problems using extensive spreadsheet and calculator assistance. The authors also provide in-depth coverage at challenging topics in finance including derivatives and leasing.
(https://www.wileyindia.com/corporate-finance-financial-management-in-a-global-environment.html)