Corporate Finance / Edition 4

Corporate Finance / Edition 4

ISBN-10:
1439078084
ISBN-13:
9781439078082
Pub. Date:
02/02/2010
Publisher:
Cengage Learning
ISBN-10:
1439078084
ISBN-13:
9781439078082
Pub. Date:
02/02/2010
Publisher:
Cengage Learning
Corporate Finance / Edition 4

Corporate Finance / Edition 4

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Overview


Focus on the financial concepts, skills, and technological applications that are most critical for MBA students in today's workplace with Ehrhardt/Brigham's CORPORATE FINANCE: A FOCUSED APPROACH, 4E. This lean text provides an in-depth treatment of all topics essential to corporate finance within a streamlined presentation that you can complete in a single semester. Your students review the latest financial developments -- from the collapse of the sub-prime mortgage market to the financial and global economic crisis -- as this edition shows them how to maximize a firm's value in today's changed world. Numerous recent examples illustrate the relevance of what students are learning, while Excel Tool Kits, "Build a Model" problems, and Mini-Case Spreadsheets help students master the many functions of Excel. Students even gain hands-on experience with the same tool Wall Street professionals use daily with new Thomson ONE-Business School Edition problems. Trust this book's concise, focused presentation to clearly demonstrate how and why corporations make specific financial decisions.

Product Details

ISBN-13: 9781439078082
Publisher: Cengage Learning
Publication date: 02/02/2010
Series: Available Titles CengageNOW Series
Edition description: (with Thomson ONE - Business School Edition)
Pages: 848
Product dimensions: 8.20(w) x 10.20(h) x 1.30(d)

About the Author


Dr. Michael C. Ehrhardt is a Professor in the Finance Department and is the Paul and Beverly Castagna Professor of Investments. He completed his undergraduate work in Civil Engineering at Swarthmore College. After working several years as an engineer, he earned his M.S. in Operations Research and Ph.D. in Finance from the Georgia Institute of Technology. Dr. Ehrhardt has taught extensively at the undergraduate, masters, and doctoral levels in the areas of investments, corporate finance, and capital markets. He has directed and served on numerous dissertation committees and is a member of the team that developed and delivered the integrative first year of the MBA program. Dr. Ehrhardt teaches in Executive Education Programs and consults in the areas of corporate valuation, value-based compensation plans, financial aspects of supply-chain management, and the cost of capital. He has been awarded the Allen G. Keally Outstanding Teacher Award, the Tennessee Organization of MBA Students Outstanding Faculty member, the College of Business Administration Research & Teaching Award, and the John B. Ross Outstanding Teaching Award in the College of Business. Much of his research focuses on corporate valuation and asset pricing models, including pricing models for interest-rate sensitive instruments. His work has been published in numerous journals, including The Journal of Finance, Journal of Financial and Quantitative Analysis, Financial Management, The Financial Review, The Journal of Financial Research, and The Journal of Banking and Finance. He has also authored or co-authored several books addressing various areas of finance.

Dr. Eugene F. Brigham is Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his M.B.A. and Ph.D. from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to joining the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin, and the University of California-Los Angeles. Dr. Brigham has served as president of the Financial Management Association and has written many journal articles on the cost of capital, capital structure, and other aspects of financial management. He has authored or co-authored ten textbooks on managerial finance and managerial economics that are used at more than 1,000 universities in the United States and have been translated into 11 languages worldwide. He has testified as an expert witness in numerous electric, gas, and telephone rate cases at both federal and state levels. He has served as a consultant to many corporations and government agencies, including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy, and the RAND Corporation. Dr. Brigham continues to teach, consult, and complete research in addition to his academic writing. He spends his spare time on the golf course, enjoying time with his family and dogs, and tackling outdoor adventure activities, such as biking through Alaska.

Table of Contents


PART I: FUNDAMENTAL CONCEPTS OF CORPORATE FINANCE. 1. An Overview of Financial Management and the Financial Environment. 2. Financial Statements, Cash Flow, and Taxes. 3. Analysis of Financial Statements. PART II: FIXED INCOME SECURITIES. 4. Time Value of Money. 5. Bonds, Bond Valuation, and Interest Rates. PART III: STOCKS AND OPTIONS. 6. Risk, Return, and the Capital Asset Pricing Model. 7. Stocks, Stock Valuation, and Stock Market Equilibrium. 8. Financial Options and Applications in Corporate Finance. PART IV: PROJECTS AND THEIR VALUATION. 9. The Cost of Capital. 10. The Basics of Capital Budgeting: Evaluating Cash Flows. 11. Cash Flow Estimation and Risk Analysis. PART V: CORPORATE VALUATION AND GOVERNANCE. 12. Financial Planning and Forecasting Financial Statements. 13. Corporate Valuation, Value-Based Management, and Corporate Governance. PART VI: CASH DISTRIBUTIONS AND CAPITAL STRUCTURE. 14. Distributions to Shareholders: Dividends and Repurchases. 15. Capital Structure Decisions. PART VII: MANAGING GLOBAL OPERATIONS. 16. Working Capital Management. 17. Multinational Financial Management.
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