RICHARD A. BREALEY

Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The first eleven chapters are essentially the same as those in Principles. They cover the time value of money, the valuation of bonds and stocks, and practical capital budgeting decisions. The remaining chapters discuss market efficiency, payout policy, and capital structure, option valuation, and long and short-term financial planning. The text is modular, so that Parts can be introduced in an alternative order.

Fundamentos de Finanzas Corporativas expone cómo invierten las empresas en activos reales y cómo hacen para conseguir dinero y realizar esas inversiones. La gestión financiera es importante, interesante y dificil. No es una enciclopedia financiera. Mas bien se propone sentar los principios basicos de la gestion financiera, y los aplica a las principales decisiones que enfrentan los directores financieros. Explica por que los propietarios de las empresas quieren que incrementen su valor, y muestra que los directores financieros valoran inversiones que pueden generar retornos en distintos momentos del tiempo o que tienen diversos grados de riesgo. Tambien expone las caracteristicas principales de los mercados financieros y discute por que las empresas pueden preferir una fuente de financiacion en especial. Con este libro se pretende que la gestion financiera resulte clara, util e interesante, y ademas, divertida para el estudiante primerizo. Este libro le abrira las puertas a la version educativa de Market Insight, el sitio on-line con datos financieros del mundo real desarrollados por profesionales de Standard & Poor''s. El contenido incluye los datos financieros de las 300 compañias mas buscadas.

Fundamentos de Finanzas Corporativas utiliza un enfoque moderno y ejemplos actuales para presentar temas importantes, y a menudo desafiantes, de forma que los estudiantes los entienden. Conocidos por su excepcional investigacion, sus esfuerzos en la enseñanza, y sus libros de texto de finanzas lideres en el mercado, no sorprende que los autores Brealey, Myers y Marcus hayan creado una revision innovadora que es mas cercana que nunca a los estudiantes.Novedades de la quinta edicion:· Una cobertura nueva y ampliada sobre los temas actuales, incluyendo el gobierno corporativo, el comportamiento financiero, la etica, Sarbanes-Oxley, y la politica de endeudamiento y dividendos.· Mas Excel. Estan disponibles tres tipos de hojas de calculo de Excel electronicamete, identificadas por una imagen, para acompañar a los problemas y a los ejercicios, proporcionando a los estudiantes gran cantidad de practicas con esta importante herramienta financiera.· Se han añadido Minicasos adicionales a varios capitulos, dando a los estudiantes mas oportunidades de abordar temas nuevos en un marco realista.· Se han revisado tanto los cuadros de ¿Conozca Internet¿ como ¿Finanzas en la practica¿ para proporcionar ejemplos actualizados sobre como las finanzas corporativas conectan con el mundo real.

The partnership of Brealey, Myers, and Allen has produced a comprehensive and modern corporate finance textbook that continues to set the standard. With a blend of detailed analysis, comprehensive coverage, and common sense, Brealey, Myers, and Allen's Principles of Corporate Finance has earned tremendous loyalty as both a classroom tool and a professional reference work.

The integrated solutions for Brealey''s Principles of Corporate Finance have been specifically designed to help improve student performance, meaning that students are prepared for class and can successfully solve problems and analyse the results. Resources within Connect Finance provide unlimited opportunities for students to practice solving financial problems and apply what they''ve learned. Brealey''s world-leading content showing managers how to use financial theory to solve practical problems combined with a complete digital solution will help students achieve higher outcomes in the course.Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

La nueva edición actualiza datos y ejemplos; reescribe capítulos básicos para hacer más sencilla la lectura y, sobre todo, incorpora contenidos “más allá de las páginas” (aplicaciones, hojas de cálcu

"Principles of Corporate Finance" is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book, the authors show how managers use financial theory to solve practical problems and as a way to respond to change by showing not just how, but why companies and management act as they do. This text is a valued reference for thousands of practicing financial managers. This Tenth Edition has been rewritten, refreshed, and fully updated to reflect the recent financial crisis and is now accompanied by Connect Finance, an exciting new homework management system.

This is the market leading textbook for the graduate-level introductory corporate finance, financial management or business finance course. It may also be used in an intermediate or advanced undergraduate finance course. The book is also used as a reference and guide by practicing managers around the world. The book and its authors have tremendous "brand" recognition, and it should be widely comped to faculty teaching the graduate-level/MBA introductory corporate finance course. This text remains one of the most authoritative and comprehensive presentations of financial theory and practice available. The authors continue to reinforce their underlying theme of presenting theory as a way of helping financial managers solve practical problems. Customers can trust Brealey, Myers and Allen to get it right¿both theory and practical applications. This book is a valued reference for thousands of practicing financial managers, and is the leading text worldwide.

Fundamentals of Corporate Finance, by Richard A. Brealey, Stewart C. Myers and Alan J. Marcus, has been applauded for its modern approach and interesting examples. Professors praise the authors¿ well-organized and thoughtful writing style and their clear exposition of what many students consider difficult material. The authors accomplish this without sacrificing an up-to-date, technically correct treatment of core topic areas. Since this author team is known for their outstanding research, teaching efforts, and market-leading finance textbooks, it¿s no surprise that they have created an innovative, and market-driven revision that is more student friendly than ever. Every chapter has been reviewed and revised to reflect the current environment in corporate finance.

The clear market leader in the corporate finance course, this text filled a very definite need for a MODERN corporate finance text back in 1983 when the first edition was published. It is known for its intuitive, conversational style and for being able to tie together many of the important ideas in corporate finance. The author''s discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humor. This new edition will continue to be authoritative and student friendly but will also carry stronger, modern coverage reflected by current examples and data as well as unique emphasis upon agency issues.

Como líder de mercado a nivel mundial,Principios de Finanzas corporativas se ha convertido en sinónimo de calidad. La octava edición continúa con la tradición de proporcionar a los estudiantes y a los profesionales un texto moderno que realmente fija el estandar al cual otros libros aspiran. Las nuevas caracteristicas del texto son: - Mas ejemplos internacionales incluyendo las influencias de America Latina y de Asia. - Nuevo capitulo sobre valoracion (19). - Nuevo capitulo sobre Riesgo de Credito (24). - Incorporacion del tratamiento de las finanzas del comportamiento. - Aumento del tratamiento del Gobierno Empresarial. - Nuevas Preguntas de Revision de Conceptos.

This is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The text is comprehensive, authoritative and modern, and yet the material is presented at a common sense level. The discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humour for which the book is well known and highly regarded. This text is a valued reference for thousands of practising financial managers.