Corporate finance [printed text] / Stephen A. Ross, Author ; Randolph W. Westerfield, Author ; Jeffrey Jaffe, Author  . -  4th edition . - Boston, MA : Irwin McGraw-Hill, 1996 . - xxiii, 899 p. : ill (b&w) ; 26 cm.
ISBN : 978-0-07-114685-2
This text emphasizes the modern fundamentals of the theory of finance. It provides contemporary examples to help the theory come to life. Topics covered include: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return.

Class number:	658.15
Abstract:	The aim of this book is to emphasize the modern fundamentals of the theory of finance. Contemporary examples are used to balance theory and practice, and corporate finance is presented as the workings of a small number of integrated and powerful intuitions. The book also uses the significant events in the financial life cycle of a typical firm, such as the initial dividend, a merger, recapitalization and bankruptcy, to bring the basic intuitions alive. New material on inefficient markets includes the long-run-return research on IPOs, discussion of share repurchases is included and there is expanded treatment of derivatives and hedging, and a model to predicting bankruptcy is included in the chapter on financial distress. Updated learning aids use end-of-chapter problems, figures and tables.
Contents note:	Part I Overview 1. Introduction to corporate finance; 2. Accounting statements and cash flow Part II Value and capital budgeting 3. Financial markets and net present value: first principles of finance (advanced); 4. Net present value; 5. How to value bonds and stocks; 6. Some alternative investment rules; 7. Net present value and capital budgeting; 8. Strategy and analysis in using net present value Part III Risk 9. Capital market theory - an overview; 10. Return and risk - the capital asset pricing model (CAPM); 11. An alternative view of risk and return: te arbitrage pricing theory; 12. Risk, return, and capital budgeting Part 4 Capital structure and dividend policy 13. Corporate financing decisions and efficient capital markets; 14. Long-term financing - an introduction; 15. capital structure - basic concepts; 16. Capital structure - limits to the use of debit; 17. Valuation and capital budgeting for the levered firm; 18. Dividend policy - why does it matter? Part V Long-term financing 19. Issuing equity securities to the public; 20. Long-term debit; 21. Options and corporate finance; 22. Warrants and convertibles; 23. Leasing; 24. Derivatives and hedging risk Part VI Financial planning and short-term finance 25. Corporate financial models and long-term planning; 26. Short-term finance and planning; 27. Cash management; 28. Credit management Part VII Special topics 29. Mrgers and acquisitions; 30. Financial distress; 31. International corporate finance Appendices: mathematical tables; selected answers to end-of-chapter problems.