Applied corporate finance:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Hoboken, NJ
Wiley
[2015]
|
| Ausgabe: | fourth edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | XIV, 583 Seiten, [ca. 52 Seiten in getr. Zählung] Diagramme |
| ISBN: | 9781118808931 9781118918562 |
Internformat
MARC
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| 245 | 1 | 0 | |a Applied corporate finance |c Aswath Damodaran |
| 250 | |a fourth edition | ||
| 264 | 1 | |a Hoboken, NJ |b Wiley |c [2015] | |
| 264 | 4 | |c © 2015 | |
| 300 | |a XIV, 583 Seiten, [ca. 52 Seiten in getr. Zählung] |b Diagramme | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Includes bibliographical references and index | ||
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-027774273 | ||
Datensatz im Suchindex
| _version_ | 1804152946620891136 |
|---|---|
| adam_text | CONTENTS
ABOUT THE AUTHOR IV
PREFACE V
ACKNOWLEDGMENTS IX
CHAPTER 1 THE FOUNDATIONS
THE FIRM: STRUCTURAL SETUP 1
FIRST PRINCIPLES 2
CORPORATE FINANCIAL DECISIONS, FIRM VALUE, AND EQUITY VALUE
A REAL-WORLD FOCUS 5
A RESOURCE GUIDE 6
SOME FUNDAMENTAL PROPOSITIONS ABOUT CORPORATE FINANCE 7
CONCLUSION 7
LIVE CASE STUDY: COMPANY CHOICE/BACKGROUND 8
CHAPTER 2 THE OBJECTIVE IN DECISION MAKING
CHOOSING THE RIGHT OBJECTIVE 10
THE CLASSICAL OBJECTIVE 11
MAXIMIZE STOCK PRICES: THE BEST-CASE SCENARIO 13
MAXIMIZE STOCK PRICES: REAL-WORLD CONFLICTS OF INTEREST
ALTERNATIVES TO STOCK PRICE MAXIMIZATION 33
MAXIMIZE STOCK PRICES: SALVAGING A FLAWED OBJECTIVE 36
A POSTSCRIPT: THE LIMITS OF CORPORATE FINANCE 47
CONCLUSION 48
14
LIVE CASE STUDY: CORPORATE GOVERNANCE ANALYSIS
PROBLEMS AND QUESTIONS 51
49
CHAPTER 3 THE BASICS OF RISK
52
MOTIVATION AND PERSPECTIVE IN ANALYZING RISK 53
EQUITY RISK AND EXPECTED RETURNS 54
THE RISK IN BORROWING: DEFAULT RISK AND THE COST OF DEBT
CONCLUSION 82
LIVE CASE STUDY: STOCKHOLDER ANALYSIS 83
PROBLEMS AND QUESTIONS 84
76
XI
X LI CONTENTS
CHAPTER 4 RISK MEASUREMENT AND HURDLE RATES IN PRACTICE
87
COST OF EQUITY 88
FROM COST OF EQUITY TO COST OF CAPITAL
CONCLUSION 153
137
LIVE CASE STUDY: RISK AND RETURN: ANALYSIS FOR THE FIRM 154
PROBLEMS AND QUESTIONS 15 6
CHAPTER 5 MEASURING RETURN ON INVESTMENTS
160
WHAT IS A PROJECT? 161
HURDLE RATES FOR FIRMS VERSUS HURDLE RATES FOR PROJECTS 162
MEASURING RETURNS: THE CHOICES 167
INVESTMENT DECISION RULES 188
PROBABILISTIC APPROACHES TO INVESTMENT ANALYSIS 209
CONCLUSION 222
LIVE CASE STUDY: ESTIMATING EARNINGS AND CASH FLOWS
PROBLEMS AND QUESTIONS 224
223
CHAPTER 6 PROJECT INTERACTIONS, SIDE COSTS, AND SIDE BENEFITS
227
MUTUALLY EXCLUSIVE PROJECTS 228
PROJECT DEPENDENCE FROM CAPITAL RATIONING 228
PROJECT DEPENDENCE FOR OPERATING REASONS 236
SIDE COSTS FROM PROJECTS 245
PRODUCT CANNIBALIZATION 248
SIDE BENEFITS FROM PROJECTS 249
OPTIONS EMBEDDED IN PROJECTS 255
MEASURING THE QUALITY OF EXISTING INVESTMENTS 266
CONCLUSIONS 278
LIVE CASE STUDY: EVALUATING EXISTING INVESTMENTS AND COMPETITIVE
ADVANTAGES 279
PROBLEMS AND QUESTIONS 280
CHAPTER 7 CAPITAL STRUCTURE: OVERVIEW OF THE FINANCING DECISION
284
285
THE CHOICES: TYPES OF FINANCING
FINANCING BEHAVIOR 294
THE PROCESS OF RAISING CAPITAL
THE TRADE-OFF OF DEBT 310
NO OPTIMAL CAPITAL STRUCTURE
THERE IS AN OPTIMAL CAPITAL STRUCTURE 326
HOW FIRMS CHOOSE THEIR CAPITAL STRUCTURES
CONCLUSION 332
300
320
327
LWE CASE STUDY: ANALYZING A FIRM S CURRENT FINANCING CHOICES
PROBLEMS AND QUESTIONS 335
333
CONTENTS XJN
CHAPTER 8 CAPITAL STRUCTURE: THE OPTIMAL FINANCIAL MIX 339
OPERATING INCOME APPROACH 340
COST OF CAPITAL APPROACH 343
ADJUSTED PRESENT VALUE APPROACH 376
COMPARATIVE ANALYSIS 381
SELECTING THE OPTIMAL DEBT RATIO 385
CONCLUSION 385
LIVE CASE STUDY: THE OPTIMAL FINANCING MIX 387
PROBLEMS AND QUESTIONS 388
CHAPTER 9 CAPITAL STRUCTURE: THE FINANCING DETAILS 394
A FRAMEWORK FOR CAPITAL STRUCTURE CHANGES 395
IMMEDIATE OR GRADUAL CHANGE 395
CHOOSING THE RIGHT FINANCING INSTRUMENTS 411
CONCLUSION 431
LIVE CASE STUDY: MECHANICS OF MOVING TO THE OPTIMAL 433
PROBLEMS AND QUESTIONS 434
CHAPTER 10 DIVIDEND POLICY 437
BACKGROUND ON DIVIDEND POLICY 438
WHEN ARE DIVIDENDS IRRELEVANT? 449
THE DIVIDENDS ARE BAD SCHOOL 451
THE DIVIDENDS ARE GOOD SCHOOL 457
MANAGERIAL INTERESTS AND DIVIDEND POLICY 467
CONCLUSION 469
LIVE CASE STUDY: THE TRADEOFF ON DIVIDEND POLICY 470
PROBLEMS AND QUESTIONS 471
CHAPTER 11 ANALYZING CASH RETURNED TO STOCKHOLDERS 472
CASH RETURNED TO STOCKHOLDERS 473
A CASH FLOW APPROACH TO ANALYZING DIVIDEND POLICY 480
A COMPARABLE-FIRM APPROACH TO ANALYZING DIVIDEND POLICY 501
MANAGING CHANGES IN DIVIDEND POLICY 504
CONCLUSION 506
LIVE CASE STUDY: A FRAMEWORK FOR ANALYZING DIVIDENDS 508
PROBLEMS AND QUESTIONS 510
CHAPTER 12 VALUATION: PRINCIPLES AND PRACTICE 515
DISCOUNTED CASH FLOW VALUATION 516
RELATIVE VALUATION 562
RECONCILING DIFFERENT VALUATIONS 576
XIV CONTENTS
CONCLUSION 577
LIVE CASE STUDY: VALUATION 578
PROBLEMS AND QUESTIONS 580
APPENDIX 1 BASIC STATISTICS AL-1
APPENDIX 2 FINANCIAL STATEMENTS A2-1
APPENDIX 3 TIME VALUE OF MONEY A3-1
APPENDIX 4 OPTION PRICING A4-1
INDEX 1-1
|
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| author | Damodaran, Aswath 1957- |
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| bvnumber | BV042337680 |
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| ctrlnum | (OCoLC)903303086 (DE-599)GBV786089113 |
| discipline | Wirtschaftswissenschaften |
| edition | fourth edition |
| format | Book |
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| genre_facet | Lehrbuch |
| id | DE-604.BV042337680 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T01:18:48Z |
| institution | BVB |
| isbn | 9781118808931 9781118918562 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027774273 |
| oclc_num | 903303086 |
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| owner | DE-523 DE-92 DE-573 DE-706 DE-N2 DE-526 |
| owner_facet | DE-523 DE-92 DE-573 DE-706 DE-N2 DE-526 |
| physical | XIV, 583 Seiten, [ca. 52 Seiten in getr. Zählung] Diagramme |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | Wiley |
| record_format | marc |
| spelling | Damodaran, Aswath 1957- Verfasser (DE-588)142382116 aut Applied corporate finance Aswath Damodaran fourth edition Hoboken, NJ Wiley [2015] © 2015 XIV, 583 Seiten, [ca. 52 Seiten in getr. Zählung] Diagramme txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Finanzierung (DE-588)4017182-6 gnd rswk-swf (DE-588)4123623-3 Lehrbuch gnd-content Finanzierung (DE-588)4017182-6 s DE-604 SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027774273&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Damodaran, Aswath 1957- Applied corporate finance Finanzierung (DE-588)4017182-6 gnd |
| subject_GND | (DE-588)4017182-6 (DE-588)4123623-3 |
| title | Applied corporate finance |
| title_auth | Applied corporate finance |
| title_exact_search | Applied corporate finance |
| title_full | Applied corporate finance Aswath Damodaran |
| title_fullStr | Applied corporate finance Aswath Damodaran |
| title_full_unstemmed | Applied corporate finance Aswath Damodaran |
| title_short | Applied corporate finance |
| title_sort | applied corporate finance |
| topic | Finanzierung (DE-588)4017182-6 gnd |
| topic_facet | Finanzierung Lehrbuch |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027774273&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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