| Description |
1 online resource (1 volume) : illustrations |
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data file |
| Note |
Revised edition of Corporate finance, 2014. |
| Bibliography |
Includes bibliographical references. |
| Summary |
"Corporate Finance: Theory and Practice continues to hold sway as one of the most popular financial textbooks, thanks to its four unique features: A balanced blend of theory and practice: authors hold academic positions at top ranking universities and business schools and are also investment bankers, private investors or sit on the boards of listed and unlisted companies A presentation of concepts that explain situations, followed by a discussion of techniques in a direct and succinct style Content enriched by the www.vernimmen.com website, which with 1,500 daily visitors is one of the leading finance teaching sites worldwide Free monthly updates on finance through The Vernimmen.com Newsletter, with over 60,000 subscribers The authors draw on their dual experience to enhance and expand the content of this new, fifth edition to reflect the latest developments, in particular, the change to accounting for operating leases under both IFRS and US GAAP which will take place in 2018. The numerous statistical tables and graphs throughout the text are fully updated with the latest available information." |
| Contents |
Corporate Finance; About the Authors; Summary; Preface; Frequently used symbols; 1 WHAT IS CORPORATE FINANCE?; 1.1 THE FINANCIAL MANAGER IS FIRST AND FOREMOST A SALESMAN . . .; 1.2 ... OF FINANCIAL SECURITIES . . .; 1.3 ... VALUED CONTINUOUSLY BY THE FINANCIAL MARKETS; 1.4 MOST IMPORTANTLY, HE IS A NEGOTIATOR . . .; 1.5 ... WHO NEVER FORGETS TO DO AN OCCASIONAL REALITY CHECK!; 1.6 ... HE IS ALSO NOW A RISK MANAGER; Section I Financial analysis; Part One Fundamental concepts in financial analysis; 2 CASH FLOW; 2.1 CLASSIFYING COMPANY CASH FLOWS; 2.2 OPERATING AND INVESTMENT CYCLES. |
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2.3 FINANCIAL RESOURCES3 EARNINGS; 3.1 ADDITIONS TO WEALTH AND DEDUCTIONS FROM WEALTH; 3.2 DIFFERENT INCOME STATEMENT FORMATS; 4 CAPITAL EMPLOYED AND INVESTED CAPITAL; 4.1 THE BALANCE SHEET: DEFINITIONS AND CONCEPTS; 4.2 A CAPITAL-EMPLOYED ANALYSIS OF THE BALANCE SHEET; 4.3 A SOLVENCY-AND-LIQUIDITY ANALYSIS OF THE BALANCE SHEET; 4.4 A DETAILED EXAMPLE OF A CAPITAL-EMPLOYED BALANCE SHEET; 5 WALKING THROUGH FROM EARNINGS TO CASH FLOW; 5.1 ANALYSIS OF EARNINGS FROM A CASH FLOW PERSPECTIVE; 5.2 CASH FLOW STATEMENT; 6 GETTING TO GRIPS WITH CONSOLIDATED ACCOUNTS; 6.1 CONSOLIDATION METHODS. |
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6.2 CONSOLIDATION-RELATED ISSUES6.3 TECHNICAL ASPECTS OF CONSOLIDATION; 7 HOW TO COPE WITH THE MOST COMPLEX POINTS IN FINANCIAL ACCOUNTS; 7.1 ACCRUALS; 7.2 CASH ASSETS; 7.3 CONSTRUCTION CONTRACTS; 7.4 CONVERTIBLE BONDS AND LOANS; 7.5 CURRENCY TRANSLATION ADJUSTMENTS; 7.6 DEFERRED TAX ASSETS AND LIABILITIES; 7.7 DILUTION PROFIT AND LOSSES; 7.8 FINANCIAL HEDGING INSTRUMENTS; 7.9 IMPAIRMENT LOSSES; 7.10 INTANGIBLE FIXED ASSETS; 7.11 INVENTORIES; 7.12 LEASES; 7.13 OFF-BALANCE-SHEET COMMITMENTS; 7.14 PENSIONS AND OTHER EMPLOYEE BENEFITS; 7.15 PREFERENCE SHARES; 7.16 PROVISIONS; 7.17 STOCK OPTIONS. |
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7.18 TANGIBLE ASSETS7.19 TREASURY SHARES; Part Two Financial analysis and forecasting; 8 How TO PERFORM A FINANCIAL ANALYSIS; 8.1 WHAT IS FINANCIAL ANALYSIS?; 8.2 ECONOMIC ANALYSIS OF COMPANIES; 8.3 AN ASSESSMENT OF A COMPANY'S ACCOUNTING POLICY; 8.4 STANDARD FINANCIAL ANALYSIS PLAN; 8.5 THE VARIOUS TECHNIQUES OF FINANCIAL ANALYSIS; 8.6 RATINGS; 8.7 SCORING TECHNIQUES; 8.8 EXPERT SYSTEMS; 9 MARGIN ANALYSIS: STRUCTURE; 9.1 How OPERATING PROFIT IS FORMED; 9.2 How OPERATING PROFIT IS ALLOCATED; 9.3 STANDARD INCOME STATEMENTS (INDIVIDUAL AND CONSOLIDATED ACCOUNTS); 9.4 FINANCIAL ASSESSMENT. |
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9.5 CASE STUDY: ARCELORMITTAL10 MARGIN ANALYSIS: RISKS; 10.1 HOW OPERATING LEVERAGE WORKS; 10.2 A MORE REFINED ANALYSIS PROVIDES GREATER INSIGHT; 10.3 FROM ANALYSIS TO FORECASTING: THE CONCEPT OF NORMATIVE MARGIN; 10.4 CASE STUDY: ARCELORMITTAL; 11 WORKING CAPITAL AND CAPITAL EXPENDITURES; 11.1 THE NATURE OF WORKING CAPITAL; 11.2 WORKING CAPITAL TURNOVER RATIOS; 11.3 READING BETWEEN THE LINES OF WORKING CAPITAL; 11.4 ANALYSING CAPITAL EXPENDITURES (CAPEX); 11.5 CASE STUDY: ARCELORMITTAL; 12 FINANCING; 12.1 A DYNAMIC ANALYSIS OF THE COMPANY'S FINANCING. |
| Subject |
Corporations -- Finance.
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Business enterprises -- Finance.
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Business enterprises -- Finance |
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Corporations -- Finance |
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Mercats financers. |
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Finances internacionals. |
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Entitats financeres. |
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Finances. |
| Added Author |
Quiry, Pascal, author.
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Dallocchio, Maurizio, author.
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Le Fur, Yann, author.
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Salvi, Antonio (Professor of Corporate Finance), author.
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| Other Form: |
Print version: Vernimmen, Pierre. Corporate finance. Fifth edition. Chichester, West Sussex : John Wiley & Sons, Ltd, 2018 9781119424482 (DLC) 2017030393 (OCoLC)993601666 |
| ISBN |
9781119424529 |
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1119424526 |
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1119424488 |
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9781119424482 |
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1119451809 |
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9781119451808 |
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1119424445 |
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9781119424444 |
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