Corporate Finance

Author: Qi Yinfeng
Publisher:
Publish Date: 2002-10-01
Features: This book is designed for graduate-level studies and is suitable as a textbook or reference for master's degree students in economics, management, MBA, or upper-level undergraduate courses in corporate financial management in related fields. It is also suitable for financial managers and other practitioners in finance, banking, securities, as well as individuals preparing for the CFA exam. The book systematically, comprehensively, and deeply discusses the theory, methods, and applications of corporate finance, presenting a high-level academic work with rich, innovative content, a well-structured and logical system, rigorous and precise arguments, and close ties to practical applications. The book is divided into 10 parts and 29 chapters, covering all important topics and latest developments in contemporary corporate finance, such as the concept of net present value, the capital asset pricing model, option theory and applications, the principle of value additivity, market efficiency issues, optimal capital structure, and agency theory. One of the distinctive features of the book is its in-depth discussion of the cumulative discounted method, the concept of risk, the relationship between risk and return, and the application of options in management. Additionally, the discussions on bond and stock pricing, enterprise valuation, and cash flow analysis are also notable.