Corporate Finance Text Book

[Doretta Castoe]

Orders within the United States are shipped via FedEx or UPS Ground. For shipments to locations outside of the U.S., only standard shipping is available. All shipping options assume the product is available and that processing an order takes 24 to 48 hours prior to shipping.

* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.

Bradford D. Jordan is Visiting Scholar at the University of Florida. He previously held the duPont Endowed Chair in Banking and Financial Services at the University of Kentucky, where he was department chair for many years. He specializes in corporate finance and securities valuation. He has published numerous articles in leading finance journals, and he has received a variety of research awards, including the Fama/DFA Award in 2010.

Jeffrey F. Jaffe has been a frequent contributor to finance and economic literature in such journals as the Quarterly Economic Journal, The Journal of Finance, The Journal of Financial and Quantitative Analysis, The Journal of Financial Economics, and The Financial Analysts Journal. His best-known work concerns insider trading, where he showed both that corporate insiders earn abnormal profits from their trades and that regulation has little effect on these profits. He has also made contributions concerning initial public offerings, the regulation of utilities, the behavior of market makers, the fluctuation of gold prices, the theoretical effect of inflation on the interest rate, the empirical effect of inflation on capital asset prices, the relationship between small-capitalization stocks and the January effect, and the capital structure decision.

Stephen A. Ross was the Franco Modigliani Professor of Financial 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, along with 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 also served as an associate editor of several academic and practitioner journals, and was a trustee of CalTech.

This casebook provides a finance-oriented approach to corporate law, focusing on what students will need to know in corporate practice. Students learn:

• Financial fundamentals, such as balance sheets, income, and cash flow, as well as more complex topics, such as corporate debt and convertible securities
• Application of financial principles to analyze and understand case studies
• Contractual solutions employed to deal with the various conflicts and ambiguities that arise

Additionally, the text covers a broad range of topics from pricing models to the poison pill and includes a table of cases.

The book is also supported by a detailed teacher's manual and PowerPoint slides.

• Streamlined discussion of accounting concepts with extensive use of review problems to help students understand the key financial statements
• Updated analysis and presentation of modern financial valuation theory and techniques
• Expanded discussion of early-stage financings and venture capital fundraising strategies
• Reorganized discussion of debt financing, leveraged buyouts, and bond contract negotiations
• Extensive use of spreadsheet modeling to illustrate key concepts; spreadsheet templates are available as a teaching tool
• Additional cases and materials, including the Dell appraisal litigation dispute, the Windstream manufactured bankruptcy transaction, the Lyft IPO, and many other notable recent transactions in corporate finance

Law School Faculty - Sign in or Create an Account to access this content. Law faculty who have created an account can sign in after receiving email notification that registration has been approved. Email account...@westacademic.com or call 800-313-9378 for assistance.

Other Higher Education Faculty who wish to access digital review copies or teaching resources should contact their West Academic Account Manager at col...@westacademic.com or 800-360-9378.

This content is intended for adopters only. Sign in or Create an Account to access this content. Law faculty who have created an account can sign in after receiving email notification that registration has been approved. If you are an adopter who is unable to access this content after signing in, contact your account manager for assistance at account...@westacademic.com or call 800-313-9378 for assistance.

Sign in or Create an Account to access this content. Faculty who have created an account can sign in after receiving email notification that registration has been approved. Contact us for assistance.

Many corporate finance books are available nowadays, covering various topics from beginner to advanced levels. Finance professionals can access a wide range of resources to learn more about the industry and improve their skills. By reading a book, they can access large volumes of information and research data in a relatively short period of time.

While it may be difficult to obtain finance books from publishers for free, many websites publish their own ebooks. For finance professionals who prefer using gadgets over bringing a lot of physical books, ebooks are the way to go. These are convenient, enabling people to read about corporate finance anytime, anywhere. Here are a few free ebooks to consider:

Students, researchers, and professionals will find the book useful, as it covers the dynamic models of corporate finance decisions, from dividend distribution and issuance of securities to capital structure.

A lot of corporate finance books make it to the shelves of bookstores around the world, but there are some resources that are considered the go-to books of many professionals in the industry. Here are some of them:

Gain unlimited access to more than 250 productivity Templates, CFI's full course catalog and accredited Certification Programs, hundreds of resources, expert reviews and support, the chance to work with real-world finance and research tools, and more.

Corporate finance is a branch of finance that focuses on how corporations approach capital structuring, funding sources, investments, and accounting decisions.1 Its primary goal is to maximize shareholder value while striking a balance between risk and profitability. It entails long- and short-term financial planning and implementing various strategies, capital investment, and tax considerations.

Corporate finance evaluates how companies obtain funding to support their operations.2 It involves determining how to allocate the funds appropriately to help a company achieve its goals. Corporate finance is a broad subject comprised of many topics, including capital structure, capital financing, risk management, capital budgeting, and the time value of money.

This involves the money a company raises from retained earnings or through equity issuance. It takes the form of common stock or preferred stock. An enterprise can sell its shares through the stock exchange or over-the-counter exchanges. Trading too much equity reduces divided shares and dilutes shareholders' voting rights.

This term refers to obtaining finance through loans from financial institutions or issuing bonds. Debt financing attracts regular interest payments, and the principal amount is payable at the end of the loan tenure. Companies should be wary of too much debt as it induces the risk of bankruptcy and default in case of loan non-repayment.

Capital financing is the central pillar that entails deciding how to finance investments at an optimal level. Financing happens through a company's debt, equity, or both. Long-term financing for significant investments or expenditures may come from issuing debt securities through investment banks or selling company stocks.

The capital budgeting process reveals the viability of investment proposals and enables businesses to invest in profitable projects. Its primary goal is to enhance growth and maximize profitability. Part of capital budgeting entails analyzing the present and future values of various investment alternatives to interpret risk-return ratios in relation to organizational goals. Only the most profitable projects are given priority in corporate financing.

Various financing tools exist to enable businesses to achieve the goal of capital budgeting. It becomes possible to identify capital expenditures, compare planned investments, and estimate cash flows from proposed investment projects. Financial modeling also comes into play to determine the economic impact of an investment opportunity. Two vital components in financial modeling are:

Public companies are answerable to their shareholders, mainly because they must pay dividends from business profit. If a company decides to reinvest the surplus value as retained earnings, it must back this up with a firm conviction that the sum will help the business experience growth. Furthermore, a certain amount of dividend distribution is crucial for businesses to serve their shareholders better.

This is the day-to-day capital used for business operations. With proper financial management, businesses can maintain adequate cash flow in line with their policies. Liquidity in a company plays a role in saving an organization from going bankrupt.

c80f0f1006