Fundamentals of Corporate Finance: 2024 Release ISE

Stephen A. Ross was the Franco Modigliani Professor of Financial Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics. Professor Ross is recognized for his work in developing the arbitrage pricing theory, along with his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he also served as an associate editor of several academic and practitioner journals, and was a trustee of CalTech. Randolph W. Westerfield is Dean Emeritus of the University of Southern California’s Marshall School of Business and is the Charles B. Thornton Professor of Finance Emeritus. Professor Westerfield came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and member of the finance faculty for 20 years. He is a member of the Board of Trustees of Oaktree Capital Mutual Funds. His areas of expertise include corporate financial policy, investment management, and stock market price behavior. Bradford D. Jordan is Visiting Scholar at the University of Florida. He previously held the duPont Endowed Chair in Banking and Financial Services at the University of Kentucky, where he was department chair for many years. He specializes in corporate finance and securities valuation. He has published numerous articles in leading finance journals, and he has received a variety of research awards, including the Fama/DFA Award in 2010.Dr. Jordan is coauthor of Corporate Finance 13e, Corporate Finance: Core Principles and Applications 7e, Fundamentals of Corporate Finance 13e, and Essentials of Corporate Finance 1le, which collectively are the most widely used business finance textbooks in the world, along with Fundamentals of Investments: Valuation and Management 10e, a popular investments text.

• PART 1: OVERVIEW OF CORPORATE FINANCE1 Introduction to Corporate Finance2 Financial Statements, Taxes, and Cash FlowPART 2: FINANCIAL STATEMENTS AND LONG-TERM FINANCIAL PLANNING3 Working with Financial Statements4 Long-Term Financial Planning and GrowthPART 3: VALUATION OF FUTURE CASH FLOWS5 Introduction to Valuation: The Time Value of Money6 Discounted Cash Flow Valuation7 Interest Rates and Bond Valuation8 Stock ValuationPART 4: CAPITAL BUDGETING9 Net Present Value and Other Investment Criteria10 Making Capital Investment Decisions11 Project Analysis and EvaluationPART 5: RISK AND RETURN  12 Some Lessons from Capital Market History13 Return, Risk, and the Security Market LinePART 6: COST OF CAPITAL AND LONG-TERM FINANCIAL POLICY14 Cost of Capital15 Raising Capital16 Financial Leverage and Capital Structure Policy17 Dividends and Payout PolicyPART 7: SHORT-TERM FINANCIAL PLANNING AND MANAGEMENT18 Short-Term Finance and Planning19 Cash and Liquidity Management20 Credit and Inventory ManagementPART 8: TOPICS IN CORPORATE FINANCE21 International Corporate Finance22 Behavioral Finance Implications for Financial Management23 Enterprise Risk Management24 Options and Corporate Finance25 Option Valuation26 Mergers and Acquisitions27 Leasing