Corporate Finance, Global Edition

Jonathan Berk is the A.P. Giannini Professor of Finance at the Graduate School of Business, Stanford University, and is a Research Associate at the National Bureau of Economic Research.Before coming to Stanford, he was the Sylvan Coleman Professor of Finance at Hans School of Business at the University of California, Berkeley. Prior to earning his Ph.D., he worked as an Associate at Goldman Sachs (where his education in finance really began).Peter DeMarzo is the Staehelin Family Professor of Finance at the Graduate School of Business, Stanford University.He is the current President of the American Finance Association and a Research Associate at the National Bureau of Economic Research. He teaches MBA and Ph.D. courses in Corporate Finance and Financial Modeling.

• PART 1: INTRODUCTION The Corporation and Financial MarketsIntroduction to Financial Statement AnalysisFinancial Decision Making and the Law of One PricePART II: TIME, MONEY, AND INTEREST RATES The Time Value of MoneyInterest RatesValuing BondsPART III: VALUING PROJECTS AND FIRMS Investment Decision RulesFundamentals of Capital BudgetingValuing StocksPART IV: RISK AND RETURN Capital Markets and the Pricing of RiskOptimal Portfolio Choice and the Capital Asset Pricing ModelEstimating the Cost of CapitalInvestor Behavior and Capital Market EfficiencyPART V: CAPITAL STRUCTURE Capital Structure in a Perfect MarketDebt and TaxesFinancial Distress, Managerial Incentives, and InformationPayout PolicyPART VI: ADVANCED VALUATION Capital Budgeting and Valuation with LeverageValuation and Financial Modeling: A Case StudyPART VII: OPTIONS Financial OptionsOption ValuationReal OptionsPART VIII: LONG-TERM FINANCING Raising Equity CapitalDebt FinancingLeasingPART IX: SHORT-TERM FINANCING Working Capital ManagementShort-Term Financial PlanningPART X: SPECIAL TOPICS Mergers and AcquisitionsCorporate GovernanceRisk ManagementInternational Corporate Finance