Introduction to Corporate Finance by William L Megginson

Introduction to Corporate Finance by William L Megginson

Introduction to Corporate Finance has been developed to provide a first course in the subject that interests and motivates students. The text has been designed to meet the needs of finance specialists and non-specialists, the latter being a segment of the audience that are not well catered for in the finance subject area. The text thus addresses the challenges all finance educators face: keeping students at varying degrees of ability and interest motivated and committed to the learning experience. The principal aim of the book is to deliver a student-friendly text that at the same time is theoretically rigorous. Corporate Finance covers the traditional topics of time value of money, risk and return, valuation, investment appraisal, capital structure and dividend policy, international finance and risk management, and financial planning. This edition is an adaptation for a European and UK audience of the text originally authored by Bill Megginson and Scott Smart, Introduction to Corporate Finance. The book has been rewritten, restructured and reorganized to reflect a European-centric approach. Throughout the authors have attempted to blend a balance of material - it is impossible and improper to ignore the interlinkedness of modern finance, and in adapting this book the authors have been conscious of this. Although the examples, terminology and currencies are mainly those of Europe and the UK, the authors have not neglected to include US and other examples where needed to illustrate a point. Students working through this text will realise by the end that while details may differ from country to country the essential questions and concerns of corporate finance remain constant.

PART 1THE BASIC TOOLS OF FINANCE. 1. The scope of corporate finance. 2. Financial statements and cash flow analysis. 3. Present value. PART 2. VALUATION, RISK AND RETURN. 4. Valuing bonds. 5. Valuing shares. 6. The trade-off between risk and return. 7. Risk, return and the capital asset pricing model. PART 3. CAPITAL BUDGETING. 8. Capital budgeting process and techniques. 9. Cash flow and capital budgeting. 10. Capital cost and capital budgeting. PART 4. CAPITAL STRUCTURE AND DIVIDEND POLICY. 11. Raising long-term equity financing. 12. Capital structure. 13. Dividend policy. PART 5. ADDITIONAL TOPICS IN CORPORATE FINANCE. 14. Entrepreneurial finance and venture capital. 15. International financial management. 16. Risk management. 17. Mergers, acquisitions and corporate control.

John Graham is the D. Richard Mead Professor of Finance at Duke University where he also serves as the Director of the CFO Global Business Outlook survey. He is coeditor of the Journal of Finance. Professor Graham is also a Research Associate with the National Bureau of Economic Research, Vice President of the Western Finance Association, and been recognised for outstanding teaching and faculty contributions at Duke and the University of Utah. Bill Megginson is Professor and Rainbolt Chair in Finance at the University of Oklahoma. He is also a voting member of the Italian Ministry of Economics and Finance's Global Advisory Committee on Privatization. He has published refereed articles in several top academic journals, including the Journal of Economic Literature, the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and Foreign Policy. Dr. Megginson holds a Ph.D. in finance from Florida State University. He has visited 63 countries and has served as a privatization consultant for the New York Stock Exchange, the OECD, the IMF, the World Federation of Exchanges, and the World Bank.

SKU	Unavailable
ISBN 13	9781844805624
ISBN 10	184480562X
Title	Introduction to Corporate Finance
Author	William L Megginson
Condition	Unavailable
Binding Type	Mixed media product
Publisher	Cengage Learning EMEA
Year published	2008-02-08
Number of pages	736
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.