EBOOK Financial Markets and Corporate Strategy: European Edition 2e

1st Edition
1307151396 · 9781307151398
The second European edition of Financial Markets and Corporate Strategy provides comprehensive coverage of financial markets and corporate finance brought to life by real world examples, cases, and insights. Placed in a truly international context, … Read More
A$59.95
After you purchase your eBook, you will need to download VitalSource Bookshelf, a free app. Then login or create an account and enter the code from your order confirmation email to access your eBook.
  • Note: the eBook does not include access to Connect
  • Access the eBook anytime, anywhere: online or offline
  • Create notes, flashcards and make annotations while you study
  • Full searchable content: quickly find the answers you are looking for
Part I. Financial Markets and Financial Instruments
1. Raising Capital
2. Debt Financing
3. Equity Financing

Part II. Valuing Financial Assets
4. Portfolio Tools
5. Mean-Variance Analysis and the Capital Asset Pricing Model
6. Factor Models and the Arbitrage Pricing Theory
7. Pricing Derivatives
8. Options

Part III. Valuing Real Assets
9. Discounting and Valuation
10. Investing in Risk-Free Projects
11. Investing in Risky Projects
12. Allocating Capital and Corporate Strategy
13. Corporate Taxes and the Impact of Financing On Real Asset Valuation

Part IV. Capital Financial Structure
14. How Taxes Affect Financing Choices
15. How Taxes Affect Dividends and Share Repurchases
16. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts
17. Capital Structure and Corporate Strategy

Part V. Incentives, Information, and Corporate Control
18. How Managerial Incentives Affects Financial Decisions
19. The Information Conveyed by Financial Decisions
20. Mergers and Acquisitions

Part VI. Risk Management
21. Risk Management and Corporate Strategy
22. The Practice of Hedging
23. Interest Rate Risk Management

The second European edition of Financial Markets and Corporate Strategy provides comprehensive coverage of financial markets and corporate finance brought to life by real world examples, cases, and insights. Placed in a truly international context, this new and updated edition takes an academic and practical view-point to guide students through the challenges of studying and practicing finance. Aimed specifically at an international audience, this edition boasts hundreds of references to new and relevant non-US research papers from top finance journals.

 Whilst retaining the well respected structure of the successful US text, Professor David Hillier has also made a number of additions which include: 

  • Fully updated research data and examples in every chapter. 
  • Coverage of the global financial crisis the impact it made on the financial markets and the lessons being learnt by the finance industry. 
  • A stronger emphasis on corporate governance and agency theory.Updates on accounting standards bankruptcy laws tax rules and tax systems.