Part One: Overview of Corporate Finance Chapter 1: Introduction to Corporate Finance Chapter 2: Financial Statements, Taxes, and Cash Flow Part Two: Financial Statements and Long-Term Financial Planning Chapter 3: Working with Financial Statements Chapter 4: Long-Term Financial Planning and Growth Part Three: Valuation of Future Cash Flows Chapter 5: Introduction to Valuation: The Time Value of Money Chapter 6: Discounted Cash Flow Valuation Chapter 7: Interest Rates and Bond Valuation Chapter 8: Stock Valuation Part Four: Capital Budgeting Chapter 9: Net Present Value and Other Investment Criteria Chapter 10:Making Capital Investment Decisions Chapter 11:Project Analysis and Evaluation Part Five: Risk and Return Chapter 12:Some Lessons from Capital Market History Chapter 13:Return, Risk, and the Security Market Line Part Six: Cost of Capital and Long-Term Financial Policy Chapter 14:Cost of Capital Chapter 15:Raising Capital Chapter 16:Financial Leverage and Capital Structure Policy Chapter 17:Dividends and Payout Policy Part Seven: Short-Term Financial Planning and Management Chapter 18:Short-Term Finance and Planning Chapter 19:Cash and Liquidity Management Chapter 20:Credit and Inventory Management Part Eight: Topics in Corporate Finance Chapter 21: International Corporate Finance Chapter 22: Behavioral Finance: Implications for Financial Management Chapter 23:Enterprise Risk Management Chapter 24:Options and Corporate Finance Chapter 25: Option Valuation Chapter 26:Mergers and Acquisitions Chapter 27:Leasing
STEPHEN A. ROSS Sloan School of Management, Massachusetts Institute of Technology Stephen A. Ross was the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross was widely recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he also served as an associate editor of several academic and practitioner journals. He was a trustee of CalTech. He died suddenly in March of 2017. Randolph W.Westerfield is Dean Emeritus of the University of Southern California's Marshall School of Business and is the Charles B. Thornton Professor of Finance. He came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and a member of the finance faculty for 20 years. Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance at the University of Kentucky. He has a longstanding interest in both applied and theoretical issues in corporate finance and has extensive experience teaching all levels of corporate finance and financial management policy.