Description
Book SynopsisAbout our authors
Sheridan Titman holds the McAllister Centennial Chair in Financial Services at the University of Texas. He has a BS from the University of Colorado and an MS and PhD from Carnegie Mellon University. Prior to joining the faculty at the University of Texas, Professor Titman was a Professor at UCLA, the Hong Kong University of Science and Technology, and Boston College, and spent the 1988 to 1989 academic year in Washington, DC as the special assistant to the Assistant Secretary of the Treasury for Economic Policy. In addition, he has consulted for a variety of financial institutions and corporations. He has served on the editorial boards of the leading academic finance and real estate journals, was an editor of the Review of Financial Studies, and was the founding editor of the International Review of Finance. Titman has served as both Presidents and Vice Presidents of the American Finance Association and the Wester
Table of Contents
PART 1: INTRODUCTION TO FINANCIAL MANAGEMENT
1. Getting Started: Principles of Finance
2. Firms and the Financial Markets
3. Understanding Financial Statements
4. Financial Analysis: Sizing Up Firm Performance
PART 2: VALUATION OF FINANCIAL ASSETS
5. The Time Value of Money: The Basics
6. The Time Value of Money: Annuities and Other Topics
7. An Introduction to Risk and Return: History of Financial Market Returns
8. Risk and Return: Capital Market Theory
9. Debt Valuation and Interest Rates
10. Stock Valuation
PART 3: CAPITAL BUDGETING
11. Investment Decision Criteria
12. Analyzing Project Cash Flows
13. Risk Analysis and Project Evaluation
14. The Cost of Capital
PART 4: CAPITAL STRUCTURE AND DIVIDEND POLICY
15. Capital Structure Policy
16. Dividend and Share Repurchase Policy
PART 5: LIQUIDITY MANAGEMENT AND SPECIAL TOPICS IN FINANCE
17. Financial Forecasting and Planning
18. Working-Capital Management
19. International Business Finance
20. Corporate Risk Management