Synopses & Reviews
Real Companies, Real Data, Real TimeThe Second Edition of Damodaran's CORPORATE FINANCEasks you to combine theory and data in order to make investment, financing and dividend decisions. But rather than making these decisions in a hypothetical environment, you analyze real data for real companies.
Access real data and additional resources on the Web!
The Second Edition features a greatly expanded and enhanced web site (www.wiley.com/college/damodaran), with many additional resources, including:
- Links and support for the Real Companies, Real Time in-text exercises
- Extra practice problems and solutions
- Periodically updated data for the companies analyzed in the text
- Excel Worksheets for problems in the text
- Wall Street Journal Business ExtraReading Room (A set of articles and discussion questions related to various topics cited within the text.)
- Online Study Guide (Students can purchase this eGrade-based tutorial online via the text's web site.)
- Numerous instructor resources
Synopsis
Aswath Damodaran is nationally recognized for his teaching approach, using theory and the models that flow from it to understand, analyze and solve problems. He treats corporate finance as a living discipline by making it much more applied than other textbooks. Throughout the text, real companies and real data are used in examples and exercises.
Synopsis
A text with a thoroughly integrated applications orientation revolving around the philosophy that companies need to know how to finance organizations in order to reach optimal capital structure. Recognizing that every investment decision involves choosing the right amount of debt and equity, the text suggests readers look at data and ask, "What is relevant? Why is this detail important? How does it answer the question?"
Table of Contents
'Preface.
A Reader\'s Guide.
INTRODUCTION TO CORPORATE FINANCE.
Introduction to Corporate Finance.
The Objective in Corporate Finance.
The Time Value of Money.
Understanding Financial Statements.
Value and Price: An Introduction.
The Basics of Risk.
INVESTMENT ANALYSIS.
Estimating Hurdle Rates for Firms.
Estimating Hurdle Rates for Projects.
Estimating Earnings and Cash Flows on Projects.
Investment Decision Rules.
Investment Analysis with Inflation and Exchange Rate Risk.
Project Interactions, Side Benefits, and Side Costs.
Investments in Noncash Working Capital.
Investments in Cash and Marketable Securities.
Investment Returns and Corporate Strategy.
THE FINANCING DECISION.
An Overview of Financing Choices.
The Financing Process.
The Financing Mix: Tradeoffs on Theory.
The Optimal Financing Mix.
The Financing Mix and Choices.
THE DIVIDEND DECISION.
Dividend Policy.
Analyzing Cash Returned to Stockholders.
Beyond Cash Dividends: Buybacks, Spinoffs, and Divestitures.
VALUATION.
Valuation: Principles and Practice.
Value Enhancement: Tools and Techniques.
Acquisitions and Takeovers.
THE LINK BETWEEN VALUATION AND CORPORATE FINANCE DECISIONS.
Option Applications in Corporate Finance.
Back to First Principles.
Solutions to Odd-Numbered Questions and Problems.
Index.\n
'