Principles of Corporate Finance, 14/e (Paperback)
暫譯: 公司財務原則,第14版(平裝本)

Richard A. Brealey,Stewart C. Myers,Franklin Allen,Alex Edmans

相關主題

商品描述

The latest edition in the Principles of Corporate Finance dynasty, the 14th edition continues in its tradition of showing how theory applies to the very practical problems and decisions faced by financial managers.

Looking at what financial managers do and why, the book aims to give readers a solid understanding of theory so that they know what questions to ask when times change and new problems need to be analyzed, eventually standing as a reference and a guide to help them make financial decisions, not just study them.

This new edition welcomes Alex Edmans to the author team, whose global authority and expertise in corporate governance, responsible business and behavioural finance have been invaluable in bolstering coverage of these topics. A new chapter is entirely dedicated to the subject of balancing shareholder value with promoting the interests of all stakeholders, the potential conflicts inherent in this, and how a responsible business should behave.

There have been several changes to chapter structure as well as expanded discussion of issues that have grown in importance since the previous edition including behavioural finance, and financial innovation driven by AI, big data and cloud computing. It has also grown to take a more international focus, to bring in more information and perspectives on major developing economies such as China and India, and looking at how financing and governance systems differ around the world.

The new edition retains and builds on the pedagogical features of previous editions, with new chapter content summaries, new self-test questions interspersed at key points, and a raft of 'Beyond the page' examples available online through links in the text.

商品描述(中文翻譯)

最新版本的《企業財務原則》系列書籍,第14版延續了其傳統,展示理論如何應用於財務經理所面臨的實際問題和決策。

本書探討財務經理的工作及其原因,旨在讓讀者對理論有扎實的理解,以便在環境變化和新問題需要分析時,知道該提出什麼問題,最終成為幫助他們做出財務決策的參考和指導,而不僅僅是學習這些理論。

這一新版本歡迎 Alex Edmans 加入作者團隊,他在公司治理、負責任的商業和行為金融方面的全球權威和專業知識,對於增強這些主題的涵蓋範圍具有不可或缺的價值。新章節專門致力於平衡股東價值與促進所有利益相關者利益之間的主題,探討其中潛在的衝突,以及負責任的企業應該如何行為。

章節結構有幾個變更,並擴展了自上版以來變得越來越重要的議題討論,包括行為金融,以及由人工智慧、大數據和雲計算驅動的金融創新。本書也更加國際化,納入了有關中國和印度等主要發展經濟體的更多信息和觀點,並探討全球各地的融資和治理系統的差異。

新版本保留並擴展了前幾版的教學特點,新增章節內容摘要、新的自我測試問題分散在關鍵點,以及通過文本中的鏈接在線提供的一系列「超越頁面」的例子。

作者簡介

作者:Richard A. Brealey
現職:London Business School

作者:Stewart C. Myers
現職:Sloan School of Management Massachusetts Institute of Technology

作者:Franklin Allen
現職:Imperial College London

作者:Alex Edmans
現職:London Business School

作者簡介(中文翻譯)

作者:Richard A. Brealey
現職:倫敦商學院

作者:Stewart C. Myers
現職:麻省理工學院斯隆管理學院

作者:Franklin Allen
現職:倫敦帝國學院

作者:Alex Edmans
現職:倫敦商學院

目錄大綱

PART I: VALUE
Ch 1 Introduction to Corporate Finance
Ch 2 How to Calculate Present Values
Ch 3 Valuing Bonds
Ch 4 Valuing Stocks
Ch 5 Net Present Value and Other Investment Criteria
Ch 6 Making Investment Decisions with the Net Present Value Rule

PART II: RISK
Ch 7 Introduction to Risk, Diversification, and Portfolio Selection
Ch 8 The Capital Asset Pricing Model
Ch 9 Risk and the Cost of Capital

PART III: BEST PRACTICES IN CAPITAL BUDGETING
Ch10 Project Analysis
Ch11 How to Ensure That Projects Truly Have Positive NPVs

PART IV: FINANCING DECISIONSS AND MARKET EFFICIENCY
Ch12 Efficient Markets and Behavioral Finance
Ch13 An Overview of Corporate Financing
Ch14 How Corporations Issue Securities

PART V: PAYOUT PALICY AND CAPITAL STRUCTURE
Ch15 Payout Policy
Ch16 Does Debt Policy Matter?
Ch17 How Much Should a Corporation Borrow?
Ch18 Financing and Valuation

PART VI: CORPORATE OBJECTIVES AND GOVERNANCE
Ch19 Agency Problems and Corporate Governance
Ch20 Stakeholder Capitalism and Responsible Business

PART VII: OPTIONS
Ch21 Understanding Options
Ch22 Valuing Options
Ch23 Real Options

PART VIII: DEBT FINANCING
Ch24 Credit Risk and the Value of Corporate Debt
Ch25 The Many Different Kinds of Debt
Ch26 Leasing

PART IX: RISK MANAGEMENT
Ch27 Managing Risk
Ch28 International Financial Management

PART X: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT
Ch29 Financial Analysis
Ch30 Financial Planning
Ch31 Working Capital Management

PART XI: MERGERS, CORPORATE CONTROL, AND GOVERNANCE
Ch32 Mergers
Ch33 Corporate Restructuring

PART XII: CONCLUSION
Ch34 Conclusion: What We Do and Do Not Know about Finance

目錄大綱(中文翻譯)

PART I: VALUE

Ch 1 Introduction to Corporate Finance

Ch 2 How to Calculate Present Values

Ch 3 Valuing Bonds

Ch 4 Valuing Stocks

Ch 5 Net Present Value and Other Investment Criteria

Ch 6 Making Investment Decisions with the Net Present Value Rule



PART II: RISK

Ch 7 Introduction to Risk, Diversification, and Portfolio Selection

Ch 8 The Capital Asset Pricing Model

Ch 9 Risk and the Cost of Capital



PART III: BEST PRACTICES IN CAPITAL BUDGETING

Ch10 Project Analysis

Ch11 How to Ensure That Projects Truly Have Positive NPVs



PART IV: FINANCING DECISIONSS AND MARKET EFFICIENCY

Ch12 Efficient Markets and Behavioral Finance

Ch13 An Overview of Corporate Financing

Ch14 How Corporations Issue Securities



PART V: PAYOUT PALICY AND CAPITAL STRUCTURE

Ch15 Payout Policy

Ch16 Does Debt Policy Matter?

Ch17 How Much Should a Corporation Borrow?

Ch18 Financing and Valuation



PART VI: CORPORATE OBJECTIVES AND GOVERNANCE

Ch19 Agency Problems and Corporate Governance

Ch20 Stakeholder Capitalism and Responsible Business



PART VII: OPTIONS

Ch21 Understanding Options

Ch22 Valuing Options

Ch23 Real Options



PART VIII: DEBT FINANCING

Ch24 Credit Risk and the Value of Corporate Debt

Ch25 The Many Different Kinds of Debt

Ch26 Leasing



PART IX: RISK MANAGEMENT

Ch27 Managing Risk

Ch28 International Financial Management



PART X: FINANCIAL PLANNING AND WORKING CAPITAL MANAGEMENT

Ch29 Financial Analysis

Ch30 Financial Planning

Ch31 Working Capital Management



PART XI: MERGERS, CORPORATE CONTROL, AND GOVERNANCE

Ch32 Mergers

Ch33 Corporate Restructuring



PART XII: CONCLUSION

Ch34 Conclusion: What We Do and Do Not Know about Finance