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 Markets
Introduction to Financial Statement Analysis
Financial Decision Making and the Law of One Price

PART II: TIME, MONEY, AND INTEREST RATES

The Time Value of Money
Interest Rates
Valuing Bonds

PART III: VALUING PROJECTS AND FIRMS

Investment Decision Rules
Fundamentals of Capital Budgeting
Valuing Stocks

PART IV: RISK AND RETURN

Capital Markets and the Pricing of Risk
Optimal Portfolio Choice and the Capital Asset Pricing Model
Estimating the Cost of Capital
Investor Behavior and Capital Market Efficiency

PART V: CAPITAL STRUCTURE

Capital Structure in a Perfect Market
Debt and Taxes
Financial Distress, Managerial Incentives, and Information
Payout Policy

PART VI: ADVANCED VALUATION

Capital Budgeting and Valuation with Leverage
Valuation and Financial Modeling: A Case Study

PART VII: OPTIONS

Financial Options
Option Valuation
Real Options

PART VIII: LONG-TERM FINANCING

Raising Equity Capital
Debt Financing
Leasing

PART IX: SHORT-TERM FINANCING

Working Capital Management
Short-Term Financial Planning

PART X: SPECIAL TOPICS

Mergers and Acquisitions
Corporate Governance
Risk Management
International Corporate Finance