Fundamentals of Corporate Finance, by Richard A. Brealey, Stewart C. Myers and
Alan J. Marcus, has been applauded for its modern approach and interesting examples.
Professors praise the authors' well-organized and
thoughtful writing style and their clear exposition of what many students consider
difficult material. The authors accomplish this without sacrificing an up-to-date,
technically correct treatment of core topic areas. Since this author team is known for
their outstanding research, teaching efforts, and market-leading finance textbooks, it's
no surprise that they have created an innovative and market-driven revision that is more
student friendly than ever. Every chapter has been reviewed and revised to reflect the
current environment in corporate finance.
Richard A. Brealey is a Professor of Finance at the London Business School. He is
the former president of the European Finance Association and a former director of the
American Finance Association. He is a fellow of the British Academy and has served as a
special adviser to the Governor of the Bank of England and as director of a number of
financial institutions. Professor Brealey is also the author (with Professor Myers) of
this book's sister text, Principles of Corporate Finance.
Table of Contents
Part One Introduction
1. Goals and Governance of the Firm
2. Financial Markets and Institutions
3. Accounting and Finance
4. Measuring Corporate Performance
Part Two: Value
5. The Time Value of Money
6. Valuing Bonds
7. Valuing Stocks
8. Net Present Value and Other Investment Criteria
9. Using Discounted Cash-Flow Analysis to Make Investment Decisions
10. Project Analysis
Part Three: Risk
11. Introduction to Risk, Return, and the Opportunity Cost of Capital
12. Risk, Return, and Capital Budgeting
13. The Weighted-Average Cost of Capital and Company Valuation
Part Four: Financing
14. Introduction to Corporate Financing
15. Venture Capital, IPOs, and Seasoned Offerings
Part Five: Debt and Payout Policy
16. Debt Policy
17. Payout Policy
Part Six: Financial Analysis and Planning
18. Long-Term Financial Planning
19. Short-Term Financial Planning
20. Working Capital Management
Part Seven: Special Topics
21. Mergers, Acquisitions, and Corporate Control
22. International Financial Management
23. Options
24. Risk Management
Part Eight: Conclusion
25. What We Do and Do Not Know about Finance