Corporate Finance: Theory and Practice (Paperback, 6)

Preface

About the Authors

Frequently used symbols

1 Towards a green, responsible and sustainable corporate finance

Section I Financial analysis

Part One Fundamental concepts in financial analysis

2 Cash flow

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 Financial analysis and forecasting

8 How to perform a financial analysis

9 Margin analysis: structure

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

Section II Investors and markets

Part One Investment decision rules

15 The financial markets

16 The time value of money and net present value

17 The internal rate of return

Part Two The risk of securities and the required rate of return

18 Risk and return

19 The required rate of return

Part Three Financial securities

20 Bonds

21 Other debt products

22 Shares

23 Options

24 Hybrid securities

25 Selling securities

Section III Value

26 Value and corporate finance

27 Measuring value creation

28 Investment criteria

29 The cost of capital

30 Risk and investment analysis

31 Valuation techniques

Section IV Corporate financial policies

Part One Capital structure policies

32 Capital structure and the theory of perfect capital markets

33 Capital structure, taxes and organisation theories

34 Debt, equity and options theory

35 Working out details: the design of the capital structure

Part Two Equity capital

36 Returning cash to shareholders

37 Distribution in practice: dividends and share buy-backs

38 Share issues

Part Three Debt capital

39 Implementing a debt policy

Section V Financial management

Part One Corporate governance and financial engineering

40 Setting up a company and financing start-ups

41 Shareholders

42 Choosing a corporate structure

43 Corporate governance

44 Initial public offerings (IPOs)

45 Taking control of a company

46 Mergers and demergers

47 Leveraged buyouts (LBOs)

Part Two Managing working capital, cash flows, financial risks and real estate

48 Bankruptcy and restructuring

49 Managing working capital

50 Cash management

51 Managing financial risks

52 Managing operational real estate

Epilogue: Finance and strategy

Top 20 largest listed companies

Detailed table of contents

Index