财务金融学案例：第十一版

　　内容简介本书是哈佛大学研究生和高年级本科生财务、金融学标准案例教材，全部由案例构成。主要议题有：财务分析与预测、资本成本、营运资本管理、资本预算、股利政策、债务政策、并购和重组等，本版增加的衍生金融工具与金融风险管理等内容更具新意。

　　作者简介W.卡尔·凯斯特，哈佛大学工商管理研究生院教授。小威廉·F.弗鲁翰，哈佛大学工商管理研究生院教授。托马斯·R.派珀，哈佛大学工商管理研究生院教授。理查德·S.鲁拜克，哈佛大学工商管理研究生院教授。

    PART l: FlNANClNG CURRENT OPERATlONS
    Introductory
    Estimating Funds Requirements-Short-Term Sources of Finance
    Secular Growth
    Seasonal Needs
    Cyclical Needs
    Cash Budgeting
    Financial Forecasting
    Bank Financing
    PARTn: LONG-TERM FlNANClNG AND
    LlABBLlTY MANAGEMENT
    Debt Policy
    Eamings Impact of Leverage
    Target Debt Policy
    Costs of Financial Distress
    Impact of Leverage on Distributable Funds
    Debt Policy in a Dynamic Context
    Debt Policy in a Dynamic Context
    Flexibility and Sequencing
    Capital Market Effidency and Security Pricing
    Valuing Cash.Flows
    Weak Form and Semistrong Efficiency
    Insider Trading and Strong-Form Efficiency
    Information Asymmetries and Mispricings
    Cash Distributions and Market Signaling
    Designing Securities to Match Investor Needs:
    Designing Securities to Match Investor Needs:
    Private versus Public Debt
    Derivative Instnunents and Risk Management
    Basic Derivative Instruments
    Basic Derivative Instruments
    Insuring with Options
    Commodity Price Risk: Diversification
    versus Insurance
    Currcncy Risk: Insurance versus Hedging
    Interest Rate Risk: Hedging with Swaps
    Financial Execution
    Equity-Linked Securities
    Sourcing Funds Globally: Debt
    Sourcing Funds Globally: ADRs
    PART ffl: VALUATlON AND INVESTMENT
    Investmeot Decisions
    Discounted Cash Flow Techniques
    Identifying Incremental Cash Flows
    Valuing Projects
    Cross-Border Valuation
    Real Options
    Cost of Capital
    Risk and the Opportunity Cost of Capital
    Cost of Capital Theory
    Use of the WACC in a Multidivisional Context
    Mergers, Acquisitions, Restructurings, and Corporate Governance
    Valuing Projects and Businesses
    Valuing Companies
    Initial Public Offerings
    Hostile Takeovers
    Changing Strategies by Acquisition
    Highly Leveraged Transactions
    Debt Restructuring and Event Risk
    Value-Based Management
    PARTlV: REVlEW AND SYNTHESlS
    Comprehensive Overview
    Appendixes
    A
    B
    C
    Index of Cases