{"product_id":"corporate-finance-isbn-9781119841623","title":"Corporate Finance","description":"\u003cb\u003eGet a distinctly European take on corporate finance\u003c\/b\u003e \u003cp\u003eThe newly revised Sixth Edition of \u003ci\u003eCorporate Finance: Theory and Practice\u003c\/i\u003e delivers a uniquely European perspective on the foundations and latest trends in corporate finance, including the marked shifts brought about by sustainability, environmental, and social concerns.\u003c\/p\u003e \u003cp\u003eContaining updated statistics and graphs, the book covers the latest innovations in financial practice, like the rise of private equity investment, the continuous decline in listed companies, and the dramatic surge of sustainability-linked financing products. Readers get access to an accompanying website that offers regularly updated statistics, graphs, and charts, direct email access to the authors, quizzes, case studies, articles, and more.\u003c\/p\u003e \u003cp\u003eThe book also includes:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eA balanced blend of theory and practice from an author team with a presence in academia and business\u003c\/li\u003e \u003cli\u003eAccess to The Vernimmen.com Newsletter, which provides monthly updates on corporate finance to over 60,000 subscribers\u003c\/li\u003e \u003c\/ul\u003e Ideal for students studying corporate finance as part of an MBA or a master's level programme in Finance, \u003ci\u003eCorporate Finance: Theory and Practice\u003c\/i\u003e is also required reading for practicing professionals in the UK and continental Europe seeking a distinctly European treatment of a critically important subject. \u003cp\u003ePreface viii\u003c\/p\u003e \u003cp\u003eFrequently used symbols xii\u003c\/p\u003e \u003cp\u003e1 Towards A Green, Responsible and Sustainable Corporate Finance 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection I \u003c\/b\u003e\u003cb\u003eFinancial Analysis 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One \u003c\/b\u003e\u003cb\u003eFundamental Concepts In Financial Analysis 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2 Cash Flow 21\u003c\/p\u003e \u003cp\u003e3 Earnings 31\u003c\/p\u003e \u003cp\u003e4 Capital Employed and Invested Capital 46\u003c\/p\u003e \u003cp\u003e5 Walking Through From Earnings To Cash Flow 58\u003c\/p\u003e \u003cp\u003e6 Getting To Grips With Consolidated Accounts 72\u003c\/p\u003e \u003cp\u003e7 How To Cope With The Most Complex Points In Financial Accounts 90\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two \u003c\/b\u003e\u003cb\u003eFinancial Analysis and Forecasting 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8 How To Perform A Financial Analysis 119\u003c\/p\u003e \u003cp\u003e9 Margin Analysis: Structure 144\u003c\/p\u003e \u003cp\u003e10 Margin Analysis: Risks 167\u003c\/p\u003e \u003cp\u003e11 Working Capital and Capital Expenditures 182\u003c\/p\u003e \u003cp\u003e12 Financing 203\u003c\/p\u003e \u003cp\u003e13 Return On Capital Employed and Return On Equity 219\u003c\/p\u003e \u003cp\u003e14 Conclusion of Financial Analysis 238\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection II \u003c\/b\u003e\u003cb\u003eInvestors and Markets 245\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One \u003c\/b\u003e\u003cb\u003eInvestment Decision Rules 247\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e15 The Financial Markets 249\u003c\/p\u003e \u003cp\u003e16 The Time Value of Money and Net Present Value 270\u003c\/p\u003e \u003cp\u003e17 The Internal Rate of Return 286\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two \u003c\/b\u003e\u003cb\u003eThe Risk of Securities and The Required Rate of Return 299\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e18 Risk and Return 301\u003c\/p\u003e \u003cp\u003e19 The Required Rate of Return 329\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three \u003c\/b\u003e\u003cb\u003eFinancial Securities 347\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e20 Bonds 349\u003c\/p\u003e \u003cp\u003e21 Other Debt Products 370\u003c\/p\u003e \u003cp\u003e22 Shares 386\u003c\/p\u003e \u003cp\u003e23 Options 406\u003c\/p\u003e \u003cp\u003e24 Hybrid Securities 427\u003c\/p\u003e \u003cp\u003e25 Selling Securities 445\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection III \u003c\/b\u003e\u003cb\u003eValue 469\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e26 Value and Corporate Finance 471\u003c\/p\u003e \u003cp\u003e27 Measuring Value Creation 491\u003c\/p\u003e \u003cp\u003e28 Investment Criteria 509\u003c\/p\u003e \u003cp\u003e29 The Cost of Capital 525\u003c\/p\u003e \u003cp\u003e30 Risk and Investment Analysis 542\u003c\/p\u003e \u003cp\u003e31 Valuation Techniques 557\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection IV \u003c\/b\u003e\u003cb\u003eCorporate Financial Policies 589\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One \u003c\/b\u003e\u003cb\u003eCapital Structure Policies 591\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e32 Capital Structure and The Theory of Perfect Capital Markets 593\u003c\/p\u003e \u003cp\u003e33 Capital Structure, Taxes and Organisation Theories 605\u003c\/p\u003e \u003cp\u003e34 Debt, Equity and Options Theory 621\u003c\/p\u003e \u003cp\u003e35 Working Out Details: The Design of The Capital Structure 639\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two \u003c\/b\u003e\u003cb\u003eEquity Capital 659\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e36 Returning Cash To Shareholders 661\u003c\/p\u003e \u003cp\u003e37 Distribution In Practice: Dividends and Share Buy-Backs 678\u003c\/p\u003e \u003cp\u003e38 Share Issues 696\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three \u003c\/b\u003e\u003cb\u003eDebt Capital 709\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e39 Implementing A Debt Policy 711\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection V \u003c\/b\u003e\u003cb\u003eFinancial Management 729\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One \u003c\/b\u003e\u003cb\u003eCorporate Governance and Financial Engineering 731\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e40 Setting Up A Company and Financing Start-Ups 733\u003c\/p\u003e \u003cp\u003e41 Shareholders 754\u003c\/p\u003e \u003cp\u003e42 Choosing A Corporate Structure 779\u003c\/p\u003e \u003cp\u003e43 Corporate Governance 795\u003c\/p\u003e \u003cp\u003e44 Initial Public Offerings (IPOS) 807\u003c\/p\u003e \u003cp\u003e45 Taking Control of A Company 819\u003c\/p\u003e \u003cp\u003e46 Mergers and Demergers 842\u003c\/p\u003e \u003cp\u003e47 Leveraged Buyouts (LBOS) 860\u003c\/p\u003e \u003cp\u003e48 Bankruptcy and Restructuring 876\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two \u003c\/b\u003e\u003cb\u003eManaging Working Capital, Cash Flows, Financial Risks and Real Estate 889\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e49 Managing Working Capital 891\u003c\/p\u003e \u003cp\u003e50 Cash Management 903\u003c\/p\u003e \u003cp\u003e51 Managing Financial Risks 922\u003c\/p\u003e \u003cp\u003e52 Managing Operational Real Estate 946\u003c\/p\u003e \u003cp\u003eEpilogue – Finance and Strategy 958\u003c\/p\u003e \u003cp\u003eTop 20 Largest Listed Companies 965\u003c\/p\u003e \u003cp\u003eContents 973\u003c\/p\u003e \u003cp\u003eIndex 983\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePierre Vernimmen \u003c\/b\u003e(deceased) was a founding member and the first Coordinator of the Finance Department at HEC Paris. From 1973 to his death in 1996, he worked at Paribas as a private equity investor and, subsequently, led its mergers and acquisition teams.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePascal Quiry\u003c\/b\u003e holds the BNP Paribas Chair in Finance at HEC Paris. After 23 years as an M\u0026amp;A banker, he founded an investment fund that invests in startups and unlisted SMEs. He is also an active investor in several listed companies. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eYann Le Fur\u003c\/b\u003e is a former Affiliated Professor at HEC Paris and is the head of the corporate finance group for Natixis in New York. He is also an active investor in several unlisted companies.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn authoritative perspective on  corporate finance\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eSound business management requires a firm grasp of financial principles and strategy. Theoretical knowledge is vital, but so is a solid understanding of how theory interacts with the real world in a familiar context. \u003c\/p\u003e\u003cp\u003eThis newly revised Sixth Edition of \u003ci\u003eCorporate Finance: Theory and Practice\u003c\/i\u003e delivers a balanced and instructive blend of financial theory and practice. The text offers presentations of concepts that explain situations, followed by straightforward discussions of finance techniques with applications in those situations. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eCorporate Finance\u003c\/i\u003e is based on the most recent business data and incorporates the impressive surge in green and sustainable finance that is transforming the way companies finance themselves. This new edition integrates the latest International Financial Reporting Standards (IFRS)—including  those for accounting for operating leases—and explores the rise of private equity investment. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eCorporate Finance: Theory and Practice, Sixth Edition\u003c\/i\u003e is an ideal resource for those studying corporate finance as part of an MBA or a master’s level programme in Finance and for practicing business professionals.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988993589477,"sku":"NP9781119841623","price":57.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119841623.jpg?v=1761782351","url":"https:\/\/k12savings.com\/es\/products\/corporate-finance-isbn-9781119841623","provider":"K12savings","version":"1.0","type":"link"}