Description
Book SynopsisJonathan Berk is the A. P. Giannini Professor of Finance at the Graduate School of Business, Stanford University and is a Research Associate at the National Bureau of Economic Research. Before coming to Stanford, he was the Sylvan Coleman Professor of Finance at the Haas School of Business at the University of California, Berkeley. Prior to earning his PhD, he worked as an Associate at Goldman Sachs (where his education in finance really began).
Professor Berk's research interests in finance include corporate valuation, capital structure, mutual funds, asset pricing, experimental economics, and labor economics. His work has won a number of research awards including the Stephen A. Ross Prize in Financial Economics, TIAA-CREF Paul A. Samuelson Award, the Smith Breeden Prize, Best Paper of the Year in The Review of Financial Studies, and the FAME Research Prize. His paper, A Critique of Size-Related Anomalies, was selected as one of the 2 best paper
Table of Contents
Brief Contents PART 1: Introduction
- The Corporation and Financial Markets
- Introduction to Financial Statement Analysis
- Financial Decision Making and the Law of One Price
PART 2: Time, Money, and Interest Rates
- The Time Value of Money
- Interest Rates
- Valuing Bonds
PART 3: Valuing Projects and Firms
- Investment Decision Rules
- Fundamentals of Capital Budgeting
- Valuing Stocks
PART 4: Risk and Return
- Capital Markets and the Pricing of Risk
- Optimal Portfolio Choice and the Capital Asset Pricing Model
- Estimating the Cost of Capital
- Investor Behavior and Capital Market Efficiency
PART 5: Capital Structure
- Capital Structure in a Perfect Market
- Debt and Taxes
- Financial Distress, Managerial Incentives, and Information
- Payout Policy
PART 6: Advanced Valuation
- Capital Budgeting and Valuation with Leverage
- Valuation and Financial Modeling: A Case Study
PART 7: Options
- Financial Options
- Option Valuation
- Real Options
PART 8: Long-Term Financing
- Raising Equity Capital
- Debt Financing
- Leasing
PART 9: Short-Term Financing
- Working Capital Management
- Short-Term Financial Planning
PART 10: Special Topics
- Mergers and Acquisitions
- Corporate Governance
- Risk Management
- International Corporate Finance