Essentials of Corporate Finance(2025 Release) (12版)

Essentials of Corporate Finance by Ross, Westerfield, and Jordan provides a streamlined introduction to the core concepts of corporate finance, focusing on what students from diverse backgrounds need to know. Written in a relaxed, conversational style, the text invites active learning and emphasizes three key themes: intuition, a unified valuation approach, and a managerial focus. Complex financial principles are explained at an intuitive level, with net present value (NPV) as the foundation of corporate finance. By focusing on the role of the financial manager as a decision-maker, the book prepares students to apply these concepts in real-world scenarios.

PART I: OVERVIEW OF FINANCIAL MANAGEMENT Ch 1 Introduction to Financial Management PART II: UNDERSTANDING FINANCIAL STATEMENTS AND CASH FLOW Ch 2 Financial Statements, Taxes, and Cash Flow Ch 3 Working with Financial Statements PART III: VALUATION OF FUTURE CASH FLOWS Ch 4 Introduction to Valuation: The Time Value of Money Ch 5 Discounted Cash Flow Valuation PART IV: VALUING STOCKS AND BONDS Ch 6 Interest Rates and Bond Valuation Ch 7 Equity Markets and Stock Valuation PART V: CAPITAL BUDGETING Ch 8 Net Present Value and Other Investment Criteria Ch 9 Making Capital Investment Decisions PART VI: RISK AND RETURN Ch10 Some Lessons from Capital Market History Ch11 Risk and Return PART VII: LONG-TERM FINANCING Ch12 Cost of Capital Ch13 Leverage and Capital Structure Ch14 Dividends and Dividend Policy Ch15 Raising Capital PART VIII: SHORT-TERM FINANCIAL MANAGEMENT Ch16 Short-Term Financial Planning Ch17 Working Capital Management PART VX: TOPICS IN BUSINESS FINANCE Ch18 International Aspects of Financial Management