INSEAD Library

Includes bibliographical references and index and glossary

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Corporate Finance Theory and Practice Brief Table of Contents The 2007-2008 crisis, or rediscovering financial risk Preface Frequently used symbols 1 WHAT IS CORPORATE FINANCE? viii xii xvi 1 10 MARGIN ANALYSIS: RISKS 11 WORKING CAPITAL AND CAPITAL EXPENDITURES 12 FINANCING 13 RETURN ON CAPITAL EMPLOYED AND RETURN ON EQUITY 14 CONCLUSION OF FINANCIAL ANALYSIS 178 193 216 230 251 SECTION I FINANCIAL ANALYSIS PART ONE 15 SECTION II INVESTMENT ANALYSIS 17 19 29 45 PART ONE 257 FUNDAMENTAL CONCEPTS IN FINANCIAL ANALYSIS 2 CASH FLOWS INVESTMENT DECISION RULES 15 THE FINANCIAL MARKETS 259 261 289 308 326 344 367 3 EARNINGS 4 CAPITAL EMPLOYED AND INVESTED CAPITAL 5 WALKING THROUGH FROM EARNINGS TO CASH FLOW 6 GETTING TO GRIPS WITH CONSOLIDATED ACCOUNTS 7 HOW TO COPE WITH THE MOST COMPLEX POINTS IN FINANCIAL ACCOUNTS PART TWO 16 THE TIME VALUE OF MONEY AND NET PRESENT VALUE 17 THE INTERNAL RATE OF RETURN INVESTMENT CRITERIA 19 MEASURING VALUE CREATION 58 18 INCREMENTAL CASH FLOWS AND OTHER 74 94 20 RISK AND INVESTMENT ANALYSIS PART TWO FINANCIAL ANALYSIS AND FORECASTING 8 HOW TO PERFORM A FINANCIAL ANALYSIS 9 MARGIN ANALYSIS: STRUCTURE 119 THE COST OF CAPITAL 121 21 RISK AND RETURN 154 22 THE COST OF EQUITY THE RISK OF SECURITIES AND 385 387 420 23 FROM THE COST OF EQUITY TO THE COST OF CAPITAL 24 THE TERM STRUCTURE OF INTEREST RATES PART THREE 447 467 EQUITY CAPITAL AND DIVIDENDS 37 INTERNAL FINANCING: REINVESTING CASH FLOW 38 RETURNING CASH TO SHAREHOLDERS: 773 775 788 815 PART THREE FINANCIAL SECURITIES 25 BONDS 26 OTHER DEBT PRODUCTS 27 SHARES 28 OPTIONS 29 HYBRID SECURITIES 30 SELLING SECURITIES 479 481 507 527 547 569 593 DIVIDEND POLICIES 39 CAPITAL INCREASES SECTION IV FINANCIAL MANAGEMENT PART ONE 831 CORPORATE GOVERNANCE AND FINANCIAL ENGINEERING 40 CHOICE OF CORPORATE STRUCTURE 41 CORPORATE GOVERNANCE 42 TAKING CONTROL OF A COMPANY 833 835 862 876 899 917 931 SECTION III CORPORATE FINANCIAL POLICIES PART ONE 625 43 MERGERS AND DEMERGERS 44 LEVERAGED BUYOUTS (LBOS) VALUE 31 VALUE AND CORPORATE FINANCE 32 VALUATION TECHNIQUES 627 629 649 45 BANKRUPTCY AND RESTRUCTURING PART TWO MANAGING CASH FLOWS AND FINANCIAL RISKS 46 MANAGING CASH FLOWS 47 MANAGING FINANCIAL RISKS 945 947 966 992 1001 1009 1037 1038 PART TWO CAPITAL STRUCTURE POLICIES 33 CAPITAL STRUCTURE AND THE THEORY OF PERFECT CAPITAL MARKETS 34 THE TRADEOFF MODEL 35 DEBT, EQUITY AND OPTIONS THEORY 36 WORKING OUT DETAILS: THE DESIGN OF THE CAPITAL STRUCTURE 679 681 693 721 739 Glossary Contents Index Vernimmen.com Cribsheet