Synopsis 

Highly respected for its effective integration of financial theory and practice, this classic text explores the rapidly evolving and exciting theory of finance as it relates to a corporations investment in assets, financing, and dividends. It explains the ways in which analytical techniques are brought to bear on financial decision making and supplies the institutional material necessary for a solid understanding of the environment in which financial decisions are made.

Contents

PART I FOUNDATIONS OF FINANCE

1. Goals and Functions of Finance

2. Financial Environment of India

3. Time Value of Money

4. Concepts in Valuation

5. Market Risk and Returns

6. Multivariate and Factor Variation

7. Option Valuation

PART II INVESTMENTS IN ASSESTS AND REQUIRED RETURNS

8. Principles of capital investment

9. Risk and Real options in capital Budgeting

10. Creating Value Through required Return

PART III FINANCING AND DIVIDEND POLICIES

11. Theory of Capital Structure

12. Making Capital Decisions

13. Dividends and Share Repurchase

PART IV TOOLS OF FINANCIAL ANALYSIS AND CONTROL

14. Financial ratio Analysis

15. Financial Planning

PART V LIQUIDITY AND OWRKING CAPITAL

16. Liquidity, Cash and Marketable Securities

17. Management of Account Receivables

18. Management of Inventories

19. Liability management and short medium term financing

PART VI CAPITAL MARKET FINANCING AND RISK MAANGEMENT

20. Foundations for long term financing

21. Lease Financing

22. Issuing Securities

23. Fixed Income Financing

24. Hybrid Financing Through Equity linked securities

25. Emerging methods of financing

26. Managing Financial Risk

PART VII EXPANSION AND CONTRACTION

27. Mergers and the Market for Corporate Control

28. Corporate and Distress Restructuring

29. International Financial Management

30. Corporate Governance and Social Responsibility