财务学基础：财务管理逻辑与实务（英文版 第二版）

　　本书主要提供了公司在进行财务决策过程中应用财务管理的基本理论和方法。内容涉及公司的财务环境，如金融市场及利率对财务决策的影响，公司财务决策所需的方法，固定资产的资本预算方法和实际操作，资本结构管理的基本工具以及公司的股利政策和内部融资等。本书还介绍了公司对财务状况分析的方法、企业价值的确定、风险与收益的分析、财务预测及财务计划和预算以及对营运资本的管理。此外，还简要介绍了国际企业财务管理的基本内容，财务管理目前所面临的新的变化及发展趋势。该书在原有财务管理的理论基础上，增加了近年来新的研究成果、内容和案例。适用于大学本科教材，并可供企业管理人员和对财务管理有兴趣的读者学习参考。

暂缺《财务学基础：财务管理逻辑与实务（英文版 第二版）》作者简介

Preface
Chapter1
AnIntroductiontothe.FoundationsofFinancialManagement--TheTiesThatBind
GoaloftheFirm
LegalFormsofBusinessOrganization
FederalIncomeTaxation
TenAxiomsThatFormtheFoundationsofFinancialManagement
Axiom1:TheRisk-ReturnTrade-off--WeWon''tTakeOnAdditionalRiskUnlessWeExpecttoBeCompensatedwith
AdditionalReturn
Axiom2:TheTimeValueofMoney--ADollarReceivedTodayIsWorthMoreThanaDollarReceivedintheFuture
Axiom3:Cash--NotProfits--IsKing
Axiom4:IncrementalCashFlows--It''sOnlyWhatChangesThatCounts
Axiom5:TheCurseofCompetitiveMarkets-WhyIt''sHardtoFindExceptionallyProfitableProjects
Axiom6:EfficientCapitalMarkets--TheMarketsAreQuickandthePricesAreRight
Axiom7:TheAgencyProblem--ManagersWon''tWorkfortheOwnersUnlessIt''sinTheirBestInterest
Axiom8:TaxesBiasBusinessDecisions
Axiom9:AllRiskIsNotEqual--SomeRiskCanBeDiversifiedAway,andSomeCannot
Axiom10:EthicalBehaviorIsDoingtheRightThing,andEthicalDilemmasAreEverywhereinFinance
OverviewoftheText20
Chapter2
TheFinancialMarketsandInterestRates
TheMixofCorporateSecuritiesSoldintheCapitalMarket
WhyFinancialMarketsExist
FinancingofBusiness:TheMovementofFundsthroughthe
Economy
ComponentsoftheU.S.FinancialMarketSystem
TheInvestmentBanker
PrivatePlacements
FlotationCosts
Regulation
MoreRecentRegulatoryDevelopments
RatesofReturnintheFinancialMarkets
InterestRateDeterminantsinaNutshell
TheTermStructureofInterestRates
Chapter3
EvaluatingaFirm''sFinancialPerformance
andMeasuringCashFlow
BasicFinancialStatements
FinancialRatioAnalysis
TheDuPontAnalysis:AnIntegrativeApproachtoRatioAnalysis
Chapter4
FinancialForecasting,Planning,andBudgeting
FinancialForecasting
FinancialPlanningandBudgeting
ComputerizedFinancialPlanning
chapter5
TheTimeValueofMoney
CompoundInterest
PresentValue
Annuities
AnnuitiesDue
CompoundInterestwithNonannualPeriods
PresentValueofanUnevenStream
Perpetuities
Chapter6
ValuationandCharacteristicsofBonds
TypesofBonds
TerminologyandCharacteristicsofBonds
DefinitionsofValue
Valuation:AnOverview
Valuation:TheBasicProcess
BondValuation
TheBondholder''sExpectedRateofReturn YieldtoMaturity
BondValuation:ThreeImportantRelationships
Chapter7
ValuationandCharacteristicsofStock
PreferredStock
CommonStock
TheStockholder''sExpectedRateofReturn
Chapter8
TheMeaningandMeasurement
ofRiskandReturn
ExpectedReturnDefinedandMeasured
RiskDefinedandMeasured
RatesofReturn:TheInvestor''sExperience
RiskandDiversification
TheInvestor''sRequiredRateofReturn
TheFamaandFrenchAttackontheCAPM
Chapter9
Capital-BudgetingTechniquesandPractice
FindingProfitableProjects
Capital-BudgetingDecisionCriteria
CapitalRationing
ProblemsinProjectRanking--CapitalRationing,Mutually
ExclusiveProjects,andProblemswiththeIRR
EthicsinCapitalBudgeting
AGlanceatActualCapital-BudgetingPractices
Chapter10
CashFlowsandOtherTopicsinCapitalBudgeting
GuidelinesforCapitalBudgeting
MeasuringaProject''sBenefitsandCosts
RiskandtheInvestmentDecision
IncorporatingRiskintoCapitalBudgeting
ExaminingaProject''sRiskthroughSimulation
Chapter11
CostofCapital
TheCostofCapital:KeyDefinitionsandConcepts
DeterminingIndividualCostsofCapital
TheWeightedAverageCostofCapital
CalculatingDivisionalCostsofCapital:PepsiCo,Inc.
UsingaFirm''sCostofCapitaltoEvaluate
NewCapitalInvestments
Chapter12
DeterminingtheFinancingMix
BusinessandFinancialRisk
BreakevenAnalysis
OperatingLeverage
FinancialLeverage
CombinationofOperatingandFinancialLeverage
PlanningtheFinancingMix
AQuickLookatCapitalStructureTheory
BasicToolsofCapitalStructureManagement
AGlanceatActualCapitalStructureManagement
Chapter13
DividendPolicyandInternalFinancing
KeyTerms
DoesDividendPolicyAffectStockPrice
TheDividendDecisioninPractice
DividendPaymentProcedures
StockDividendsandStockSplits
StockRepurchases
Chapter14
IntroductiontoWorking-CapitalManagement
ManagingCurrentAssetsandLiabilities
AppropriateLevelofWorkingCapital
EstimationoftheCostofShort-TermCredit
SourcesofShort-TermCredit
Chapter15
LiquidAssetManagement
WhyaCompanyHoldsCash
CashManagementObjectivesandDecisions
CollectionandDisbursementProcedures
EvaluationofCostsofCashManagementServices
CompositionofMarketable-SecuritiesPortfolio
Accounts-ReceivableManagement
InventoryManagement
Chapter16
InternationalBusinessFinance
TheGlobalizationofProductandFinancialMarkets
ExchangeRates
Interest-RateParityTheory
Purchasing-PowerParityTheory
ExposuretoExchangeRateRisk
MultinationalWorking-CapitalManagement
InternationalFinancingandCapitalStructureDecisions
DirectForeignInvestment
Chapter17
ChangesandChallengesinFinance
RecentInnovationsinRiskManagement
Financeinthe''90s:TheConsequencesofFinancialInnovation
inCorporateRestructuring
RecentInnovationsinRaisingCapital:HybridSecurities
TheAgencyProblem:ChangesandChallenges
TheCAPMandMarketEfficiency:TheChallengesfrom
Academia
Appendixes
AppendixA:UsingaCalculator
AppendixB:CompoundSumof$1
AppendixC:PresentValueof$1
AppendixD:SumofanAnnuityof$1fornPeriods
AppendixE:PresentValueofanAnnuityof$1fornperiods
AppendixF:CheckFiguresforSelected
End-of-ChapterStudyProblems
Glossary
Index