Applied Corporate Finance: A User's Manual - Couverture souple

Damodaran, Aswath

Couverture souple

ISBN 10 : 0471660930 ISBN 13 : 9780471660934

Editeur : John Wiley & Sons Inc, 2005

Synopsis

"Applied Corporate Finance, Second Edition" converts the theory and models in corporate finance into tools that can be used to analyze, understand, and help any business. With this hands on guide, you can find real solutions to real corporate finance problems, using real time data. Offering a user perspective to corporate finance, this text poses three major questions that every business has to answer, and provides the tools and the analytical techniques needed to answer these questions: Where do we invest our resources? (The Investment Decision) The first part of the book shows how to assess risk and develop a risk profile for a firm, and convert this risk profile into a hurdle rate. You ll also learn basic rules for estimating the returns on any investment; How should we fund these investments? (The Financing Decision) Firms generally can use debt, equity, or some combination of the two to fund projects. This part of the book examines the relationship between this choice and the hurdle rate for analyzing projects, and shows how to use the financing decision to maximize firm value. You ll also find a framework for picking the right kind of security for any firm; and, How much cash can and should we return to the owners? (The Dividend Decision). The third part of the book establishes a process for deciding how much cash should be taken out of the business and in what form (dividends or stock buybacks). The final chapter in the book ties the value of the firm to these three decisions, and provides insight into how firms can enhance value.

A propos du livre

À propos de l'auteur

ASWATH DAMODARAN is an Associate Professor of Finance at New York University's Leonard N. Stern School of Business. He has received several awards, including, the NYU Distinguished Teaching Award in 1990, Stern's Outstanding Teacher Award in 1988, and the Professor of the Year Award in 1988, 1991, and 1992. He has written three books on equity valuation (Damodaran on Valuation, Investment Valuation, The Dark Side of Valuation) and two on corporate finance (Corporate Finance: Theory and Practice, Applied Corporate Finance: A User's Manual). He has co-edited a book on investment management with Peter Bernstein (Investment Management) and has a book on investment philosophies (Investment Philosophies). His newest book titled Investment Fables was released in 2004. Mr. Damodaran also offers training programs in corporate finance and valuation at Deutsche Bank, Swiss Bank, Credit Suisse, J. P. Morgan, and Smith Barney. A former instructor at the University of California at Berkeley, he has written several articles for many of the nation's leading financial journals. He received his MBA and Ph.D from the University of California at Los Angeles.

Détails de l'édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 2005
• Langue: anglais
• ISBN 10: 0471660930
• ISBN 13: 9780471660934
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 672
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible