Corporate Finance(2025 Release)

Corporate Finance, by Ross, Westerfield, Jaffe, Jordan, was written for the corporate finance course at the MBA level and the intermediate course in many undergraduate programs. The text emphasizes the modern fundamentals of the theory of finance while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application.

作者：Stephen Ross

作者：Randolph W. Westerfield
現職：University of Southern California, Emeritus

作者：Jeffrey Jaffe
現職：University of Pennsylvania

作者：Bradford D. Jordan
現職：University of Florida

作者：Kelly Shue
現職：Yale University

PART I: OVERVIEW
Ch 1 Introduction to Corporate Finance
Ch 2 Financial Statements and Cash Flow
Ch 3 Financial Statements Analysis and Financial Models

PART II: VALUATION AND CAPITAL BUDGETING
Ch 4 Discounted Cash Flow Valuation
Ch 5 Net Present Value and Other Investment Rules
Ch 6 Making Capital Investment Decisions
Ch 7 Risk Analysis, Real Options, and Capital Budgeting
Ch 8 Interest Rates and Bond Valuation
Ch 9 Stock Valuation

PART III: RISK
Ch10 Lessons from Market History
Ch11 Return, Risk, and the Capital Asset Pricing Model
Ch12 An Alternative View of Risk and Return: The Arbitrage Pricing Theory
Ch13 Risk, Cost of Capital, and Valuation

PART IV: CAPITAL STRUCTURE AND DIVIDEND POLICY
Ch14 Efficient Capital Markets and Behavioral Challenges
Ch15 Long-Term Financing
Ch16 Capital Structure: Basic Concepts
Ch17 Capital Structure: Limits to the Use of Debt
Ch18 Valuation and Capital Budgeting for the Levered Firm
Ch19 Dividends and Other Payouts

PART V: LONG-TERM FINANCE
Ch20 Raising Capital
Ch21 Leasing

PART VI: OPTIONS, FUTURES, AND CORPORATE FINANCE
Ch22 Options and Corporate Finance
Ch23 Options and Corporate Finance: Extensions and Applications
Ch24 Warrants and Convertibles
Ch25 Derivatives and Hedging Risk

PART VII: SHORT-TERM FINANCE
Ch26 Short-Term Finance and Planning
Ch27 Cash Management
Ch28 Credit and Inventory Management

PART VIII: SPECIAL TOPICS
Ch29 Mergers, Acquisitions, and Divestitures
Ch30 Financial Distress
Ch31 International Corporate Finance