This book on corporate finance systemically integrates firms' approach toward the market, the value fundamentals of investors, and the pricing dynamics of financial markets. The reader is first introduced to an illustration and analysis of some of the main models used in corporate finance and in asset pricing. The text moves to define the core analysis and valuation techniques to demonstrate how integrating the fields of corporate finance and asset pricing allows us to make comprehensive and precise valuations over time.

The textbook combines rigorous quantitative analysis with effective use of graphics to aid intuitive understanding, as well as didactic elements to help grasp the theoretical framework. Suitable for advanced undergraduate and graduate students, as well as financial analysts and advisors, investors, and bankers, the book also provides an overview of Mergers and Acquisitions (M&A), IPO, and Private Equity to help illustrate the theoretical concepts in practice.

Integrates the fields of corporate finance and asset pricing Introduces readers to the analysis of models through the application of equations Includes numerous examples for practice and self-study

Autorentext
Pasquale De Luca is Associate Professor at "Sapienza" University of Rome, Italy, where he teaches Business Administration and Finance. His main fields of research are corporate finance and asset pricing, with a specific focus on topics including corporate valuation, capital structure choices and cost of capital, restructuring, mergers and acquisitions, private equity, and planning and control systems for management decisions.

Inhalt
INTRODUCTIONPART 1. ECONOMIC AND FINANCIAL ANALYSIS OF THE FIRMPart 2. RISK AND RETURN IN CAPITAL MARKETSPART 3. MONEY, INTEREST RATES AND BOND MARKETPART 4. FINANCIAL POLICIES AND CAPITAL STRUCTURE CHOICESPART 5. VALUATIONPART 6. OPTIONS PART 7. SPECIAL TOPICS