Always Learning

Financial Management and Policy, 12/E
James C. Van HorneStanford University

ISBN-10: 0130326577
ISBN-13:  9780130326577

Publisher:  Prentice Hall
Copyright:  2002
Format:  Paper; 832 pp
Published:  03/22/2001
Status: Instock


Customers outside the U.S., click here.


Print this content

In this section:


Description

For intermediate undergraduate and MBA courses in Corporate Financial Management.

Highly respected for its effective integration of financial theory and practice, this classic text explores the rapidly evolving and exciting theory of finance as it relates to a corporation's investment in assets, financing, and dividends. It explains the ways in which analytical techniques are brought to bear on financial decision making and supplies the institutional material necessary for a solid understanding of the environment in which financial decisions are made.


Features

  • NEW - Inclusion of marginal sidebars.
    • Defines important terms and alternative explanations for students. Ex.___

  • NEW - Nine boxed presentations.
    • Discusses issues, many international, that add a practical perspective to various aspects of corporate finance. Ex.___

  • NEW - Three new cases added—A total of eight cases highlight major issues in financial analysis, valuation, and financing.
  • NEW - Extensively revised coverage of relevant topics throughout—Provides new and updated information on topics such as efficient markets, share repurchase, empirical evidence, electronic funds transfers, loan pricing, private placements, tax treatment of preferred-stock dividends and tax-deductible preferred stock, exotic securities used in corporate finance, and many others.
  • The last three chapters are completely updated and revised—Chapter 23, Mergers and the Market for Corporate Control provides new sections on control premiums, anti-takeover amendments, acquisitions, and more. Chapter 24, Corporate and Distress Restructuring provides important information on spin-offs and on equity carveouts. Chapter 25, International Financial Management offers a new section on economic exposure to unexpected currency movements and on analysis of the direction and magnitude of the effect.
  • Financial analysis and analytical techniques are discussed in conjunction—Applies these topics as they relate to financial decision making with an emphasis on formulating alternatives, analyzing them, and reaching a decision.
  • Chapter 21, Hybrid Financing through Equity-Linked Securities, has been rewritten—Now includes coverage of: PERCS, DECS, YEELDS, LYONS, CEPS, and CEPPPS.


New To This Edition

  • Inclusion of marginal sidebars.
    • Defines important terms and alternative explanations for students. Ex.___

  • Nine boxed presentations.
    • Discusses issues, many international, that add a practical perspective to various aspects of corporate finance. Ex.___

  • Three new cases added—A total of eight cases highlight major issues in financial analysis, valuation, and financing.
  • Extensively revised coverage of relevant topics throughout—Provides new and updated information on topics such as efficient markets, share repurchase, empirical evidence, electronic funds transfers, loan pricing, private placements, tax treatment of preferred-stock dividends and tax-deductible preferred stock, exotic securities used in corporate finance, and many others.


Table of Contents

I. FOUNDATIONS OF FINANCE.

Vignette: Problems at Gillette.

 1. Goals and Functions of Finance.

 2. Concepts in Valuation.

 3. Market Risk and Returns.

 4. Multivariable and Factor Valuation.

 5. Option Valuation.

II. INVESTMENT IN ASSETS AND REQUIRED RETURNS.

Case: Fazio Pump Corporation.

 6. Principles of Capital Investment.

 7. Risk and Real Options in Capital Budgeting.

 8. Creating Value through Required Returns.

Case: National Foods Corporation.

III. FINANCING AND DIVIDEND POLICIES.

Case: Restructuring the Capital Structure at Marriott.

 9. Theory of Capital Structure.

10. Making Capital Structure Decisions.

11. Dividends and Share Repurchase: Theory and Practice.

IV. TOOLS OF FINANCIAL ANALYSIS AND CONTROL.

Case: Morley Industries, Inc.

12. Financial Ratio Analysis.

13. Financial Planning.

V. LIQUIDITY AND WORKING CAPITAL MANAGEMENT.

Case: Caceres Semilla S.A. de C.V.

14. Liquidity, Cash, and Marketable Securities.

15. Management of Accounts Receivable and Inventories.

16. Liability Management and Short/Medium Term Financing.

VI. CAPITAL MARKET FINANCING AND RISK MANAGEMENT.

Case: Dougall & Gilligan Global Agency.

17. Foundations for Longer-Term Financing.

18. Lease Financing.

19. Issuing Securities.

20. Fixed-Income Financing and Pension Liability.

21. Hybrid Financing through Equity-Linked Securities.

22. Managing Financial Risk.

VII. EXPANSION AND CONTRACTION.

Case: Rayovac Corporation.

23. Mergers and the Market for Corporate Control.

24. Corporate and Distress Restructuring.

25. International Financial Management.

Appendix: Present-Value Tables and Normal Probability Distribution Table.



Back to top

Print this content

In this section:


Websites and Online Courses

Resource Download Page - Van Horne, 12/E
Van Horne
©2002  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0130352268  |  ISBN-13: 9780130352262
More Info

Back to top

Print this content

In this section:

Excel Solutions (Web only), 12/E
Van Horne
©2002  |  Prentice Hall  |  On-line Supplement; 0 pp  |  Live
ISBN-10: 0130341150  |  ISBN-13: 9780130341150
URL: http://www.prenhall.com/vanhorne

Show Downloadable Files
 | More Info

PowerPoint Presentations (Web only), 12/E
Van Horne
©2002  |  Prentice Hall  |  On-line Supplement; 0 pp  |  Live
ISBN-10: 0130341193  |  ISBN-13: 9780130341198
URL: http://www.prenhall.com/vanhorne

Show Downloadable Files
 | More Info

Back to top

Resource Download Page - Van Horne, 12/E
Van Horne
©2002  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0130352268  |  ISBN-13: 9780130352262
More Info

Back to top


Websites and online courses

Resource Download Page - Van Horne, 12/E
Van Horne
©2002  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0130352268  |  ISBN-13: 9780130352262
More Info

Back to top

Other student resources

Holden: Spreadsheet Modeling in Corporate Finance VanHorne edition), 12/E
Holden
©2002  |  Prentice Hall  |  Cloth  |  Not Yet Published
ISBN-10: 013049903X  |  ISBN-13: 9780130499035
More Info


For the Finance Discipline

FinCoach 2.0: CD-ROM Edition
Handa
©2002  |  Prentice Hall  |  CD-ROM Only  |  Instock
ISBN-10: 0130606189  |  ISBN-13: 9780130606181
More Info

Research Navigator: Resources for College Research
Pearson Education
©2006  |  Prentice Hall  |  Paper  |  Instock
ISBN-10: 0321186079  |  ISBN-13: 9780321186072
More Info


Back to top


Websites and Online Courses

Resource Download Page - Van Horne, 12/E
Van Horne
©2002  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0130352268  |  ISBN-13: 9780130352262
More Info

Print this content

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students, browse our available packages below, or contact your Pearson Higher Education representative to create your own package.

Package ISBN-10: 0131458949 | ISBN-13: 9780131458949
©2002 | Instock (Additional assembly time required)
Suggested retail price: $133.33  Buy from myPearsonStore

This package contains:

Van Horne | ©2002 | Prentice Hall | Paper; 832 pp
Handa | ©2002 | Prentice Hall | CD-ROM Only


Back to top