公司金融基础（英文版）
￥35.00定价
作者： 孙冬
出版时间：2015-09
出版社：对外经济贸易大学出版社
- 对外经济贸易大学出版社
- 9787566314352
- 34404
- 2015-09
- F276.6
内容简介
孙冬编著的《公司金融基础》以价值及价值创造为核心，并以这一核心形成逻辑顺序，系统地阐述了公司金融学的理论和方法，包括与公司金融决策相关的基础财务知识、投资决策和方法、融资方式和融资决策、公司价值评估方法等基本内容。本书主要有以下特色：
（1）内容集中、重点突出。本教材集中于公司金融学研究的主要领域和基本议题，如公司金融战略和价值估值、资本预算、融资方式、资本结构、股利政策以及公司金融学的基本研究方法，为学生提供了公司金融学研究的基本线路和框架图。
（2）体系完善、注重衔接。本教材与其他金融学课程相辅相成，形成完整的金融学知识体系。资本预算部分与项目融资课程相互补充，融资方式与金融工具定价相互补充，资本结构与风险管理课程内容有一定相关，股利分配与投资银行学互为补充。这样有利于学生对金融学的学习形成一个全局观念，同时也避免了各门课程之间内容的重复。
（3）语言简洁、表述平实。本教材介绍和总结了国际和国内公司金融学实证研究中得出的主要结论、发现的一些规律和现象，并且用简要、直观且学生比较容易理解的语言和方法阐述了用于理解这些规律和现象的最主要的理论模型和理论知识。
（1）内容集中、重点突出。本教材集中于公司金融学研究的主要领域和基本议题，如公司金融战略和价值估值、资本预算、融资方式、资本结构、股利政策以及公司金融学的基本研究方法，为学生提供了公司金融学研究的基本线路和框架图。
（2）体系完善、注重衔接。本教材与其他金融学课程相辅相成，形成完整的金融学知识体系。资本预算部分与项目融资课程相互补充，融资方式与金融工具定价相互补充，资本结构与风险管理课程内容有一定相关，股利分配与投资银行学互为补充。这样有利于学生对金融学的学习形成一个全局观念，同时也避免了各门课程之间内容的重复。
（3）语言简洁、表述平实。本教材介绍和总结了国际和国内公司金融学实证研究中得出的主要结论、发现的一些规律和现象，并且用简要、直观且学生比较容易理解的语言和方法阐述了用于理解这些规律和现象的最主要的理论模型和理论知识。
目录
CHAPTER 1 Introduction
1.1 The Form of Business Organization
1.2 The Goal of the Corporate Finance
1.3 Financial Markets
Questions and Problems
CHAPTER 2 Accounting Statements and Cash Flow
2.1 The Balance Sheet
2.2 The Income Statement
2.3 Net Working Capital
2.4 Financial Cash Flows
2.5 The Statement of Cash Flows
2.6 Financial Reporting in Practice
Questions and Problems
CHAPTER 3 Net Present Value: First Principles of Finance
3.1 Making Consumption Choices over Time
3.2 The Basic Principle of Investment Decision Making
3.3 Illustrating the Investment Decision
Questions and Problems
CHAPTER 4 Net Present Value
4.1 The One-period Case
4.2 The Multi-period Case
4.3 Compounding Periods
4.4 Simplifications
4.5 Enterprise Value
Questions and Problems
CHAPTER 5 Some Alternative Investment Rules
5.1 Why Use Net Present Value?
5.2 The Payback Period Rule
5.3 The Discounted Payback Period Rule
5.4 The Internal Rate of Return
5.5 The Profitability Index
5.6 The Practice of Capital Budgeting
Questions and Problems
CHAPTER 6 Net Present Value and Capital Budgeting
6.1 Incremental Cash Flows
6.2 The Baldwin Company: An Example
6.3 Inflation and Capital Budgeting
6.4 The Equivalent Annual Cost Method
Questions and Problems
CHAPTER 7 Risk Analysis and Project Evaluation
7.1 Decision Trees
7.2 Real Options
7.3 Sensitivity Analysis
7.4 Scenario Analysis
7.5 Monte Carlo Simulation
7.6 Break-even Analysis
Questions and Problems
CHAPTER 8 Capital Market Theory: An Overview
8.1 Return Basics
8.2 Return Statistics
8.3 Risk
8.4 Capital Market Theory
Questions and Problems
CHAPTER 9 Corporate-financing Decisions and Efficient Capital Markets
9.1 Can Financing Decisions Create Value?
9.2 A Description of Efficient Capital Markets
9.3 The Different Types of Efficiency
9.4 The Evidence of Efficient Market Hypothesis
9.5 Criticism and Behavior Finance
9.6 Empirical Challenges to Market Efficiency
9.7 Implications for Corporate Finance
Questions and Problems
CHAPTER 10 Long-term Financing: An Introduction
10.1 Common Stock
10.2 The Basics of Corporate Long-term Debt
10.3 Preferred Stock
10.4 Patterns of Financing
10.5 Recent Trends in Capital Structure
Questions and Problems
CHAPTER 11 Capital Structure: Basic Concepts
11.1 The Capital-structure Question and the Pie Theory
11.2 Finn Value versus Stockholder Interests
11.3 Financial Leverage and Finn Value
11.4 Modigliani and Miller: Proposition Ⅰ and Ⅱ (No Taxes)
11.5 Modigliani and Miller: Proposition Ⅰ and Ⅱ (Taxes)
Questions and Problems
CHAPTER 12 Capital Structure: Limits to the Use of Debt
12.1 Costs of Financial Distress
12.2 Can Costs of Debt Be Reduced?
12.3 Optimal Capital Structure: The Trade-off Theory
12.4 The Agency Benefits of Leverage
12.5 Asymmetric Information and Capital Structure
12.6 The Pecking-order Theory
12.7 Growth and the Debt-equity Ratio
12.8 The Miller Model with Personal Taxes
12.9 How Finns Establish Capital Structure
Questions and Problems
CHAPTER 13 Valuation and Capital Budgeting for the Levered Firm
13.1 Adjusted-present-value Approach
13.2 Flows-to-equity Approach
13.3 Weighted-average-cost-of-capital Method
13.4 A Comparison of the APV, FTE, and WACC Approaches
13.5 Project-basedCosts of Capital
13.6 Beta and Leverage
Questions and Problems
CHAPTER 14 Dividend Policy
14.1 Different Types of Dividends
14.2 Standard Method of Cash Dividend Payment
14.3 Dividend Policy and Value of Finn
14.4 Repurchase of Stock
14.5 Dividend Policy in Practice
14.6 Non-cash Distributions
Questions and Problems
Reference Resources
1.1 The Form of Business Organization
1.2 The Goal of the Corporate Finance
1.3 Financial Markets
Questions and Problems
CHAPTER 2 Accounting Statements and Cash Flow
2.1 The Balance Sheet
2.2 The Income Statement
2.3 Net Working Capital
2.4 Financial Cash Flows
2.5 The Statement of Cash Flows
2.6 Financial Reporting in Practice
Questions and Problems
CHAPTER 3 Net Present Value: First Principles of Finance
3.1 Making Consumption Choices over Time
3.2 The Basic Principle of Investment Decision Making
3.3 Illustrating the Investment Decision
Questions and Problems
CHAPTER 4 Net Present Value
4.1 The One-period Case
4.2 The Multi-period Case
4.3 Compounding Periods
4.4 Simplifications
4.5 Enterprise Value
Questions and Problems
CHAPTER 5 Some Alternative Investment Rules
5.1 Why Use Net Present Value?
5.2 The Payback Period Rule
5.3 The Discounted Payback Period Rule
5.4 The Internal Rate of Return
5.5 The Profitability Index
5.6 The Practice of Capital Budgeting
Questions and Problems
CHAPTER 6 Net Present Value and Capital Budgeting
6.1 Incremental Cash Flows
6.2 The Baldwin Company: An Example
6.3 Inflation and Capital Budgeting
6.4 The Equivalent Annual Cost Method
Questions and Problems
CHAPTER 7 Risk Analysis and Project Evaluation
7.1 Decision Trees
7.2 Real Options
7.3 Sensitivity Analysis
7.4 Scenario Analysis
7.5 Monte Carlo Simulation
7.6 Break-even Analysis
Questions and Problems
CHAPTER 8 Capital Market Theory: An Overview
8.1 Return Basics
8.2 Return Statistics
8.3 Risk
8.4 Capital Market Theory
Questions and Problems
CHAPTER 9 Corporate-financing Decisions and Efficient Capital Markets
9.1 Can Financing Decisions Create Value?
9.2 A Description of Efficient Capital Markets
9.3 The Different Types of Efficiency
9.4 The Evidence of Efficient Market Hypothesis
9.5 Criticism and Behavior Finance
9.6 Empirical Challenges to Market Efficiency
9.7 Implications for Corporate Finance
Questions and Problems
CHAPTER 10 Long-term Financing: An Introduction
10.1 Common Stock
10.2 The Basics of Corporate Long-term Debt
10.3 Preferred Stock
10.4 Patterns of Financing
10.5 Recent Trends in Capital Structure
Questions and Problems
CHAPTER 11 Capital Structure: Basic Concepts
11.1 The Capital-structure Question and the Pie Theory
11.2 Finn Value versus Stockholder Interests
11.3 Financial Leverage and Finn Value
11.4 Modigliani and Miller: Proposition Ⅰ and Ⅱ (No Taxes)
11.5 Modigliani and Miller: Proposition Ⅰ and Ⅱ (Taxes)
Questions and Problems
CHAPTER 12 Capital Structure: Limits to the Use of Debt
12.1 Costs of Financial Distress
12.2 Can Costs of Debt Be Reduced?
12.3 Optimal Capital Structure: The Trade-off Theory
12.4 The Agency Benefits of Leverage
12.5 Asymmetric Information and Capital Structure
12.6 The Pecking-order Theory
12.7 Growth and the Debt-equity Ratio
12.8 The Miller Model with Personal Taxes
12.9 How Finns Establish Capital Structure
Questions and Problems
CHAPTER 13 Valuation and Capital Budgeting for the Levered Firm
13.1 Adjusted-present-value Approach
13.2 Flows-to-equity Approach
13.3 Weighted-average-cost-of-capital Method
13.4 A Comparison of the APV, FTE, and WACC Approaches
13.5 Project-basedCosts of Capital
13.6 Beta and Leverage
Questions and Problems
CHAPTER 14 Dividend Policy
14.1 Different Types of Dividends
14.2 Standard Method of Cash Dividend Payment
14.3 Dividend Policy and Value of Finn
14.4 Repurchase of Stock
14.5 Dividend Policy in Practice
14.6 Non-cash Distributions
Questions and Problems
Reference Resources
