Financial Markets and Corporate Strategy

This text, appropriate for Corporate Finance at either the undergraduate or graduate level, has been written in a way that makes it both intuitive and non-technical. This text, while rigourous, is both practical and very teachable.

• Part I: Financial Markets and Financial Instruments
1. Raising Capital
2. Debt Financing
3. Equity Financing
• Part II: Valuing Financial Assets
4. The Mathematics and Statistics of Portfolios
5. Mean-Variance Analysis and the Capital Asset Pricing Model
6. Factor Models and the Arbitrage Pricing Theory
7. Pricing Derivatives
8. Options
• Part III: Valuing Real Assets
9. Investing in Riskless Projects
10. Investing in Risky Projects
11. Allocating Capital and Corporate Strategy
12. Corporate Taxes and the Impact of Financing on Real Asset Valuation
• Part IV: Capital Structure
13. How Taxes Affect Financing Choices
14. How Taxes Affect Dividends and Share Repurchases
15. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts
16. Capital Structure and Corporate Strategy
• Part V: Incentives, Information, and Corporate Control
17. How Managerial Incentives Affect Financial Decisions
18. The Information Conveyed by FInancial Decisions
19. Mergers and Acquisitions
• Part VI: Risk Management
20. Risk Management and Corporate Strategy
21. The Practice of Hedging
22. Interest Rate Risk Management

• Appendix A: Interest Rate Mathematics
• Appendix B: Mathematical Tables

Tries to be a book about finance and at the same time connect finance with strategy. You wont miss much.