Outline of the book

Outline of the book

Introduction: Contrasts, Shocks, Threats, and Opportunities
Preface
List of frequently used symbols

1. What is corporate finance?

Section I
FINANCIAL ANALYSIS
Part One
FUNDAMENTAL CONCEPTS IN FINANCIAL ANALYSIS

2. Cash flows
3. Earnings
4. Capital employed and invested capital
5. Walking through from earnings to cash flow
6. Getting to grips with consolidated accounts
7. How to cope with the most complex points in financial accounts

Part Two
FINANCIAL ANALYSIS AND FORECASTING

8. How to perform a financial analysis
9. Margin analysis: structure
10. Margin analysis: risks
11. Working capital and capital expenditures
12. Financing
13. Return on capital employed and return on equity
14. Conclusion of financial analysis

Section II
INVESTORS AND MARKETS
Part One
INVESTMENT DECISION RULES

15. The financial markets
16. The time value of money and net present value
17. The internal rate of return

Part Two
THE RISK OF SECURITIES AND THE REQUIRED RATE OF RETURN

18. Risk and return
19. The required rate of return
20. The term structure of interest rates

Part Three
FINANCIAL SECURITIES

21. Bonds
22. Other debt products
23. Shares
24. Options
25. Hybrid securities
26. Selling securities

Section III
VALUE

27. Value and corporate finance
28. Measuring value creation
29. Investment criteria
30. The cost of capital
31. Risk and investment analysis
32. Valuation techniques

Section IV
CAPITAL STRUCTURE POLICIES
Part One
CAPITAL STRUCTURE POLICIES

33. Capital structure and the theory of perfect capital markets
34. Capital structure, taxes and organisation theories
35. Debt, equity and options theory
36. Working out details: the design of the capital structure

Part Two
EQUITY CAPITAL

37. Returning cash to shareholders
38. Distribution in practice: Dividends and share buy-backs
39. Share issues

Section V
FINANCIAL MANAGEMENT
Part I
CORPORATE GOVERNANCE AND FINANCIAL ENGINEERING

40. Choice of corporate structure
41. Initial public offerings (IPOs)
42. Corporate governance
43. Taking control of a company
44. Mergers and demergers
45. Leveraged buyouts (LBOs)
46. Bankruptcy and restructuring

Part Two
MANAGING CASH FLOWS, WORKING CAPITAL AND FINANCIAL RISKS

47. Managing cash flows
48. Managing working capital
49. Managing financial risks

Epilogue- Finance and strategy
Top 20 largest listed companies in  14 countries
Index
Cribsheet