The Indian context integrated in the book makes it a valuable textbook for the corporate finance/financial management courses offered by the MBA colleges in India.
- Cases and examples from India and the world.
- Discussion on Indian legal environment including tax laws and their effects on corporate finance.
- Full chapter on credit risk.
- Expanded coverage of behavioral finance.
About The Author:
Stewart Myers The Gordon Y Billard Professor of Finance at MIT?s Sloan School of Management. He is past president of the American Finance Association and a research associate of the National Bureau of Economic Research. His research has focused on financing decisions, valuation methods, the cost of capital, and financial aspects of government regulation of business. Dr. Myers is a director of The Brattle Group, Inc., and is active as a financial consultant. He is also the author (with Professor Brealey) of this book?s sister text, Principles of Corporate Finance.
Richard Bailey Professor at London Business School.
Franklin Allen Wharton School University of Pennsylvania.
Pitabas Mohanty Professor, XLRI, Jamshedpur, is a Fellow of the Indian Institute of Management Bangalore. A Gold Medallist in MA (Applied Economics) he is also a Chartered Financial Analyst and a cost accountant. He has got more than nine years of teaching experience in Investments and Corporate Finance. He is actively into research in corporate finance and investments with many publications in books and refereed journals. He has also consulted a few companies in valuation of companies. He won the Best Young Teacher Award from AIMS in 2002. He got the first prize in two consecutive years in the Capital Markets Conference organized by the UTI Institute of Capital Markets. He also got the prestigious Citibank Research Excellence Award in IIM Bangalore. He has got the Best Research Paper Award from AIMS in 1999 Table Of Contents PART I: VALUE
- Chapter 1 Finance and the Financial Manager
- Chapter 2 Present Values, the Objectives of the Firm, and Corporate Governance
- Chapter 3 How to Calculate Present Values
- Chapter 4 The Value of Bonds and Common Stocks
- Chapter 5 Why Net Present Value Leads to Better Investment Decisions than Other Criteria
- Chapter 6 Making Investment Decisions with the Net Present Value Rule
- Chapter 7 Introduction to Risk, Return, and the Opportunity Cost of Capital
- PART II: RISK
- Chapter 8 Risk and Return
- Chapter 9 Capital Budgeting and Risk
- PART III: PRACTICAL PROBLEMS IN CAPITAL BUDGETING
- Chapter 10 A Project Is Not a Black Box
- Chapter 11 Strategy and the Capital Investment Decision
- Chapter 12 Agency Problems, Management Compensation, and the Measurement of Performance
- PART IV: FINANCING DECISIONS AND MARKET EFFICIENCY
- Chapter 13 Corporate Financing and the Six Lessons of Market Efficiency
- Chapter 14 An Overview of Corporate Financing
- Chapter 15 How Corporations Issue Securities
- PART V: PAYOUT POLICY AND CAPITAL STRUCTURE
- Chapter 16 Payout Policy
- Chapter 17 Does Debt Policy Matter?
- Chapter 18 How Much Should a Firm Borrow?
- Chapter 19 Financing and Valuation
- PART VI: OPTIONS
- Chapter 20 Understanding Options
- Chapter 21 Valuing Options
- Chapter 22 Real Options
- PART VII: DEBT FINANCING
- Chapter 23 Valuing Government Bonds
- Chapter 24 Credit Risk
- Chapter 25 The Many Different Kinds of Debt
- Chapter 26 Leasing
- PART VIII: RISK MANAGEMENT
- Chapter 27 Managing Risk
- Chapter 28 Managing International Risks
- PART IX: FINANCIAL PLANNING AND THE MANAGEMENT OF WORKING CAPITAL
- Chapter 29 Financial Analysis and Planning
- Chapter 30 Working Capital Management
- Chapter 31Short-Term Financial Planning
- PART X: MERGERS, CORPORATE CONTROL, AND GOVERNANCE
- Chapter 32 Mergers
- Chapter 33 Corporate Restructuring
- Chapter 34 Governance and Corporate Control around the World
- PART IX: CONCLUSION
- Chapter 35 Conclusion: What We Do and Do Not Know about Finance