內容簡介
內容簡介 The best-selling Fundamentals of Corporate Finance (FCF) has three basic themes that are the central focus of the book:1) An emphasis on intuition―the authors separate and explain the principles at work on a common sense, intuitive level before launching into any specifics.2) A unified valuation approach―net present value (NPV) is treated as the basic concept underlying corporate finance.3) A managerial focus―the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment.The Twelfth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. McGraw-Hill’s adaptive learning component, LearnSmart, provides assignable modules that help students master chapter core concepts and come to class more prepared. In addition, resources within Connect help students solve financial problems and apply what they’ve learned. Ross Fundamentals’ intuitive approach, managerial focus, and strong end-of-chapter content combine with a complete digital solution to help your students achieve higher outcomes in the course.
作者介紹
作者介紹 Stephen RossStephen Ross is presently the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross is recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he currently serves as an associate editor of several academic and practitioner journals. He is a trustee of CalTech, a director of the College Retirement Equity Fund (CREF), and Freddie Mac. He is also the co-chairman of Roll and Ross Asset Management Corporation.
產品目錄
產品目錄 PART I: OVERVIEW OF CORPORATE FINANCE Ch 1 Introduction to Corporate Finance Ch 2 Financial Statements, Taxes, and Cash Flow PART II: FINANCIAL STATEMENTS AND LONG-TERM FINANCIAL PLANNING Ch 3 Working with Financial Statements Ch 4 Long-Term Financial Planning and Growth PART III: VALUATION OF FUTURE CASH FLOWS Ch 5 Introduction to Valuation: The Time Value of Money Ch 6 Discounted Cash Flow Valuation Ch 7 Interest Rates and Bond Valuation Ch 8 Stock Valuation PART IV: CAPITAL BUDGETING Ch 9 Net Present Value and Other Investment Criteria Ch10 Making Capital Investment Decisions Ch11 Project Analysis and Evaluation PART V: RISK AND RETURN Ch12 Some Lessons from Capital Market History Ch13 Return, Risk, and the Security Market Line PART VI: COST OF CAPITAL AND LONG-TERM FINANCIAL POLICY Ch14 Cost of Capital Ch15 Raising Capital Ch16 Financial Leverage and Capital Structure Policy Ch17 Dividends and Payout Policy PART VII: SHORT-TERM FINANCIAL PLANNING AND MANAGEMENT Ch18 Short-Term Finance and Planning Ch19 Cash and Liquidity Management Ch20 Credit and Inventory Management PART VIII: TOPICS IN CORPORATE FINANCE Ch21 International Corporate Finance Ch22 Behavioral Finance: Implications for Financial Management Ch23 Enterprise Risk Management Ch24 Options and Corporate Finance Ch25 Option Valuation Ch26 Mergers and Acquisitions Ch27 Leasing