Financial Theory and Corporate Policy

Summary of the Contents:
THE THEORY OF FINANCE
1. Introduction: Capital Markets, Consumtions, and Investment
2. Investment Decisions: The Certainty Case
3. More Advanced Capital Budgeting Topics
4. The Theory of Choice: Utility Theory Given Uncertainty
5. State-Preference Theory
6. Objects of Choice: Mean-Variance Uncertainty
7. Market Equilibrium: CAPM and APT
8. Pricing Contingent Claims: Option Pricing Theory and Evidence
9. Futures Contracts and Markets
10. Efficient Capital Markets: Theory
CORPORATE POLICY: THEORY; EVIDENCE; AND APPLICATIONS
11. Efficient Capital Markets: Evidence
12. Capital Budgeting under Uncertainty: The Multiperiod Case
13. Capital Structure and the Cost of Capital: Theory
14. Capital Structure; Empirical Evidence and Applications
15. Divedend Policy: Theory
16. Dividend Policy: Empirical Evidence and Applications
17. The Economics of Leasing
18. Applied Issues in Corporate Finance
19. Mergers, Restructuring, and Corporate Control: Theory20. Mergers and Restructuring: Tests and Applications
21. Exchange Rate Systems and Parity Conditions
22. International Financial Management: Tests and Implications
Appendix A: Discounting
AppendixB: Matrix Algebra
Appendix C: An Introduction to Multiple Regression
Appendix D: Calculus and Optimization
Indices

Kuldeep Shastri ist Management-Professor an der Universität Pittsburgh und Akademischer Direktor der Financial Management Association.THOMAS COPELAND ist Managing Director Corporate Finance bei der Unternehmensberatung Monitor Group. Er war Partner bei McKinsey in New York und Professor für Unternehmensfinanzierung in Los Angeles, New York am MIT und an der Harvard Universität. Er gehört zu den am meisten zitierten Autoren in den letzten25 Jahren.