{"product_id":"corporate-finance-9781292244310","title":"Corporate Finance","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cstrong\u003eFamiliarise yourself with the core concepts surrounding Corporate Finance with this reader-friendly text.\u003c\/strong\u003e\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eCorporate Finance: Principles and Practice,\u003c\/strong\u003e 8\u003csup\u003eth\u003c\/sup\u003e Edition by Denzil Watson and Antony Head, is a comprehensive guide to the field, introducing you to the key topics and basic areas of Corporate Finance. This thoroughly updated edition is ideal for students in accounting, business, or finance-related studies at undergraduate, postgraduate, and professional levels.\u003c\/p\u003e \u003cp\u003eWritten and structured in a reader-friendly style for those new to the subject, the book explains clearly and step-by-step the essential principles and mathematical techniques needed without burdening you with unnecessary detail. The questions for review and discussion throughout the book and the comprehensive references with further reading suggestions at the end of the text, aim to support self-study and help you develop critical thinking skills.\u003c\/p\u003e \u003cp\u003eThe eigh\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface  Acknowledgements  \u003c\/p\u003e\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003e The finance function\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e1.1 Two key concepts in corporate finance\u003c\/li\u003e\n\u003cli\u003e1.2 The role of the financial manager\u003c\/li\u003e\n\u003cli\u003e1.3 Corporate objectives\u003c\/li\u003e\n\u003cli\u003e1.4 How is shareholder wealth maximised?\u003c\/li\u003e\n\u003cli\u003e1.5 Agency theory\u003c\/li\u003e\n\u003cli\u003e1.6 Corporate governance\u003c\/li\u003e\n\u003cli\u003e1.7 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCapital markets, market efficiency and ratio analysis\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e2.1 Sources of business finance\u003c\/li\u003e\n\u003cli\u003e2.2 Capital markets\u003c\/li\u003e\n\u003cli\u003e2.3 Capital market efficiency\u003c\/li\u003e\n\u003cli\u003e2.4 Assessing financial performance\u003c\/li\u003e\n\u003cli\u003e2.5 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e Short-term finance and working capital management\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e3.1 The objectives of working capital management\u003c\/li\u003e\n\u003cli\u003e3.2 Working capital policies\u003c\/li\u003e\n\u003cli\u003e3.3 Working capital and the cash conversion cycle\u003c\/li\u003e\n\u003cli\u003e3.4 Overtrading\u003c\/li\u003e\n\u003cli\u003e3.5 Managing inventory\u003c\/li\u003e\n\u003cli\u003e3.6 Managing cash\u003c\/li\u003e\n\u003cli\u003e3.7 Managing trade receivables\u003c\/li\u003e\n\u003cli\u003e3.8 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLong-term finance: equity finance\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e4.1 Equity finance\u003c\/li\u003e\n\u003cli\u003e4.2 The Stock Exchange\u003c\/li\u003e\n\u003cli\u003e4.3 Rights issues\u003c\/li\u003e\n\u003cli\u003e4.4 Scrip issues, share splits, scrip dividends and share repurchases\u003c\/li\u003e\n\u003cli\u003e4.5 Preference shares\u003c\/li\u003e\n\u003cli\u003e4.6 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLong-term finance: debt finance, hybrid finance and leasing\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e5.1 Bonds, loan notes, loan stock and debentures\u003c\/li\u003e\n\u003cli\u003e5.2 Bank and institutional debt\u003c\/li\u003e\n\u003cli\u003e5.3 International debt finance\u003c\/li\u003e\n\u003cli\u003e5.4 Convertible bonds\u003c\/li\u003e\n\u003cli\u003e5.5 Warrants\u003c\/li\u003e\n\u003cli\u003e5.6 Valuing fixed interest bonds\u003c\/li\u003e\n\u003cli\u003e5.7 Valuing convertible bonds\u003c\/li\u003e\n\u003cli\u003e5.8 Leasing\u003c\/li\u003e\n\u003cli\u003e5.9 Evaluating the financial effects of financing choices\u003c\/li\u003e\n\u003cli\u003e5.10 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAn overview of investment appraisal methods\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e6.1 The payback method\u003c\/li\u003e\n\u003cli\u003e6.2 The return on capital employed method\u003c\/li\u003e\n\u003cli\u003e6.3 The net present value method\u003c\/li\u003e\n\u003cli\u003e6.4 The internal rate of return method\u003c\/li\u003e\n\u003cli\u003e6.5 Comparing the NPV and IRR methods\u003c\/li\u003e\n\u003cli\u003e6.6 The profitability index and capital rationing\u003c\/li\u003e\n\u003cli\u003e6.7 The discounted payback method\u003c\/li\u003e\n\u003cli\u003e6.8 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eInvestment appraisal: applications and risk\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e7.1 Relevant project cash flows\u003c\/li\u003e\n\u003cli\u003e7.2 Taxation and capital investment decisions\u003c\/li\u003e\n\u003cli\u003e7.3 Inflation and capital investment decisions\u003c\/li\u003e\n\u003cli\u003e7.4 Investment appraisal and risk\u003c\/li\u003e\n\u003cli\u003e7.5 Appraisal of foreign direct investment\u003c\/li\u003e\n\u003cli\u003e7.6 Empirical investigations of investment appraisal\u003c\/li\u003e\n\u003cli\u003e7.7 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePortfolio theory and the capital asset pricing model\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e8.1 The measurement of risk\u003c\/li\u003e\n\u003cli\u003e8.2 The concept of diversification\u003c\/li\u003e\n\u003cli\u003e8.3 Investor attitudes to risk\u003c\/li\u003e\n\u003cli\u003e8.4 Markowitz's portfolio theory\u003c\/li\u003e\n\u003cli\u003e8.5 Introduction to the capital asset pricing model\u003c\/li\u003e\n\u003cli\u003e8.6 Using the CAPM to value shares\u003c\/li\u003e\n\u003cli\u003e8.7 Empirical tests of the CAPM\u003c\/li\u003e\n\u003cli\u003e8.8 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe cost of capital and capital structure\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e9.1 Calculating the cost of individual sources of finance\u003c\/li\u003e\n\u003cli\u003e9.2 Calculating the weighted average cost of capital\u003c\/li\u003e\n\u003cli\u003e9.3 Average and marginal cost of capital\u003c\/li\u003e\n\u003cli\u003e9.4 The CAPM and investment appraisal\u003c\/li\u003e\n\u003cli\u003e9.5 Practical problems with calculating WACC\u003c\/li\u003e\n\u003cli\u003e9.6 WACC in the real world\u003c\/li\u003e\n\u003cli\u003e9.7 The cost of capital for foreign direct investment\u003c\/li\u003e\n\u003cli\u003e9.8 Gearing: its measurement and significance\u003c\/li\u003e\n\u003cli\u003e9.9 The concept of an optimal capital structure\u003c\/li\u003e\n\u003cli\u003e9.10 The traditional approach to capital structure\u003c\/li\u003e\n\u003cli\u003e9.11 Miller and Modigliani (I): net income approach\u003c\/li\u003e\n\u003cli\u003e9.12 Miller and Modigliani (II): corporate tax\u003c\/li\u003e\n\u003cli\u003e9.13 Market imperfections\u003c\/li\u003e\n\u003cli\u003e9.14 Miller and personal taxation\u003c\/li\u003e\n\u003cli\u003e9.15 Pecking order theory\u003c\/li\u003e\n\u003cli\u003e9.16 Conclusion: does an optimal capital structure exist?\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDividend policy\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e10.1 Dividends: operational and practical issues\u003c\/li\u003e\n\u003cli\u003e10.2 The effect of dividends on shareholder wealth\u003c\/li\u003e\n\u003cli\u003e10.3 Dividend irrelevance\u003c\/li\u003e\n\u003cli\u003e10.4 Dividend relevance\u003c\/li\u003e\n\u003cli\u003e10.5 Dividend relevance or irrelevance?\u003c\/li\u003e\n\u003cli\u003e10.6 Dividend policies\u003c\/li\u003e\n\u003cli\u003e10.7 Alternatives to cash dividends\u003c\/li\u003e\n\u003cli\u003e10.8 Empirical evidence on dividend policy\u003c\/li\u003e\n\u003cli\u003e10.9 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMergers and takeovers\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e11.1 The terminology of mergers and takeovers\u003c\/li\u003e\n\u003cli\u003e11.2 Justifications for acquisitions\u003c\/li\u003e\n\u003cli\u003e11.3 Trends in takeover activity\u003c\/li\u003e\n\u003cli\u003e11.4 Target company valuation\u003c\/li\u003e\n\u003cli\u003e11.5 The financing of acquisitions\u003c\/li\u003e\n\u003cli\u003e11.6 Strategic and tactical issues\u003c\/li\u003e\n\u003cli\u003e11.7 Divestment\u003c\/li\u003e\n\u003cli\u003e11.8 Private equity\u003c\/li\u003e\n\u003cli\u003e11.9 Empirical research on acquisitions\u003c\/li\u003e\n\u003cli\u003e11.10 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eRisk management\u003c\/strong\u003e Learning objectives Introduction  \u003cul\u003e\n\u003cli\u003e12.1 Interest and exchange rate risk\u003c\/li\u003e\n\u003cli\u003e12.2 Internal risk management\u003c\/li\u003e\n\u003cli\u003e12.3 External risk management\u003c\/li\u003e\n\u003cli\u003e12.4 Futures contracts\u003c\/li\u003e\n\u003cli\u003e12.5 Options\u003c\/li\u003e\n\u003cli\u003e12.6 Swaps\u003c\/li\u003e\n\u003cli\u003e12.7 Issues in interest and exchange risk management\u003c\/li\u003e\n\u003cli\u003e12.8 Political risk\u003c\/li\u003e\n\u003cli\u003e12.9 Conclusion\u003c\/li\u003e\n\u003c\/ul\u003e Key points Self-test questions Questions for review Questions for discussion References Recommended reading \u003c\/li\u003e\n\u003c\/ol\u003e  Answers to self-test questions  Glossary  Present value tables  Index","brand":"Pearson Education Limited","offers":[{"title":"Default Title","offer_id":51019589976407,"sku":"9781292244310","price":63.64,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781292244310.jpg?v=1750780720","url":"https:\/\/bookcurl.com\/products\/corporate-finance-9781292244310","provider":"Book Curl","version":"1.0","type":"link"}