ISE Fundamentals of Corporate Finance

The late 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 known for his work in developing the Arbitrage Pricing Theory as well as his substantial contributions to the discipline through his research on 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 various academic and practitioner journals. He was a trustee of CalTech.  Randolph W. Westerfield is Dean Emeritus and the Charles B. Thornton Professor in Finance Emeritus at the University of Southern Californias Marshall School of Business. Professor Westerfield 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. He is a member of the board of trustees of Oaktree Capital mutual funds. His areas of expertise include corporate financial policy, investment management, and stock market price behavior. Bradford D. Jordan is Visiting Scholar in the Warrington College of Business at the University of Florida. He previously held the duPont Endowed Chair in Banking and Financial Services at the University of Kentucky, where he was department chair for many years. Professor Jordan has published numerous articles in top journals on issues such as cost of capital, capital structure, and the behavior of security prices. He is a past president of the Southern Finance Association, and he is coauthor of Fundamentals of Investments: Valuation and Management, 9e, a leading investments text, also published by McGraw Hill.

PART 1 Overview of Corporate Finance
CHAPTER 1 INTRODUCTION TO CORPORATE FINANCE 
CHAPTER 2 FINANCIAL STATEMENTS, TAXES, AND CASH FLOW 


PART 2 Financial Statements and Long-Term Financial Planning
CHAPTER 3 WORKING WITH FINANCIAL STATEMENTS 
CHAPTER 4 LONG-TERM FINANCIAL PLANNING AND GROWTH 


PART 3 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 4 Capital Budgeting
CHAPTER 9 NET PRESENT VALUE AND OTHER INVESTMENT CRITERIA 
CHAPTER 10 MAKING CAPITAL INVESTMENT DECISIONS 
CHAPTER 11 PROJECT ANALYSIS AND EVALUATION 


PART 5 Risk and Return
CHAPTER 12 SOME LESSONS FROM CAPITAL MARKET HISTORY 
CHAPTER 13 RETURN, RISK, AND THE SECURITY MARKET LINE 


PART 6 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 7 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 8 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