Lessons in Corporate Finance: A Case Studies Approach to Financial Tools, Financial Policies, and Valuation (Wiley Finance Editions) - Hardcover

Über die Autorin bzw. den Autor

PAUL ASQUITH is the Gordon Y. Billard professor of finance at M.I.T.'s Sloan School. He is a specialist in corporate finance and has written on all areas of corporate finance including mergers, LBOs, equity issues, dividend policy, and more.

LAWRENCE A. WEISS is professor of International Accounting at The Fletcher School of Law and Diplomacy at Tufts University. He is a specialist in accounting and finance and has written on corporate bankruptcy, firm performance, international accounting, mergers, and more.

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Praise for Lessons in Corporate Finance

"Lessons in Corporate Finance presents the technical concepts in a very thoughtful manner that, combined with the case illustrations, provide a real window into the world in which CFOs operate every day."
—Daniel J. Brennan, Executive Vice President and Chief Financial Officer, Boston Scientific

"Asquith and Weiss provide a highly readable, clear, and practical treatment of corporate finance. This book will help any manager make better investment and financing decisions."
—Steven Neil Kaplan, Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance, The University of Chicago Booth School of Business

"Lessons in Corporate Finance, by Asquith and Weiss, provides an intuitive, step-by-step introduction to both the tools and theory of finance. The clarity of the presentation is not surprising given the fact that it is by two academics who changed the theory and practice of corporate finance in the 1980s and 1990s. While clearly useful as a textbook, it is even more suited to finance practitioners who may not be familiar with all the underpinnings of finance theory."
—Matthew E. Zames, Chief Operating Officer, JP Morgan Chase & Co.

Join the Discussion on the Essentials of Corporate Finance

Lessons in Corporate Finance is a one-of-a-kind instructive experience, developed by two top educators in finance, that uses examples of actual companies to discuss the theory, tools, and techniques that enable chief financial officers (CFOs) to consistently make valuable decisions.

The deliberate question-and-answer format develops your intuitive understanding of the fundamental principles and tools of corporate finance to ensure a solid foundation for real-world practice and advanced study. Fulfill every major role of a CFO by making good investment and financing decisions, as well as ensuring a consistent cash flow with the ability to:

• Identify sources of funding and corporate capital structure
• Use strategic management to increase a company's value to shareholders
• Efficiently apply the tools and analysis methods for allocation
• Value a firm and project in a variety of different ways within four main families

Go beyond the traditional textbook with Lessons in Corporate Finance, and prepare yourself to meet the academic and practical demands of the real business world.

Aus dem Klappentext

A business can withstand bad products, ineffective marketing, and negative earnings yet still stay in business—as long as there's positive cash flow. Managing cash flow is one of the key responsibilities of the chief financial officer (CFO), who also makes decisions on how to obtain and invest capital. All successful CFOs use a specialized set of financial tools to make value-enhancing business decisions, and Lessons in Corporate Finance is your state-of-the-art toolbox.

This refreshingly original treatment of corporate finance looks at case studies from the business world, as early as the 1970s up to today, and sheds light on the theory and practical formulas driving the decision- making process in all areas of corporate finance, including capital structure and financing, pro forma forecasts, valuation, dividends, debt maturity, asymmetric information, and more. Written by award-winning professors at M.I.T. and Tufts University, this versatile guide incorporates years of research and instructional expertise to deliver a personable, interactive resource. The masterful discussion-based format goes beyond simple memorization and facilitates applicable learning that enables you to simultaneously develop your knowledge, skills, and instincts. By the end, you will know how to:

• Evaluate a firm's financial health using ratios and other financial tools
• Make certain a business does not run out of cash by proficiently managing and forecasting cash flows
• Choose the best capital structure for a company and navigate the trade-offs between the various financing alternatives
• Make good investment decisions by accurately valuing investment projects, including determining relevant cash flows and proper discount rate
• Effectively combine investment and financing decisions to facilitate leveraged buyouts, private equity, and mergers and acquisitions

Lessons in Corporate Finance gives you everything you need to maneuver in the intricate operations of corporate finance with a deep and instinctual understanding of the broad concepts and practical methods used every day.