Bhavesh Patel: Fulbright Scholar and Specialist, Previously, Director General, Adani Ins tute for Educa on & Research & Professor of Finance, XLRI, Jamshedpur

• Backdrop topics such as forms of business organisation, leverage, financial statement analysis, the financial system and interest rates, and corporate financial objectives
• providing the groundwork for advanced applications and critiques.
• Core finance functions
• financing, investment, value enhancement, and distributionpresented in distinct sections.
• Detailed discussion of real options, including the economic life of a project, with conceptual clarity and step-by-step calculations.
• Comprehensive treatment of risk in dedicated chapters, with risk mitigation embedded across all finance functions.
• Advanced and applied topics, including derivatives, performance measurement, the Balanced Scorecard, mergers and acquisitions, corporate turnaround strategies, international corporate finance, infrastructure investment, behavioural finance, corporate governance, and emerging trends in finance.

Preface, Acknowledgements, About the Author, List of Abbreviations
SECTION I: CORPORATE FINANCE - AN INTRODUCTION
1. Introduction to Corporate Finance,
2. Forms of Business Organisations,
3. Corporate Financial Objective and Agency Problem

SECTION II: UNDERSTANDING AND ANALYSING FINANCIAL STATEMENTS
4. Understanding Financial Statements,
5. Breakeven Analysis and Leverages,
6. Financial Statement Analysis,
7. Corporate and Financial Plannin

SECTION III: CONCEPTS OF FINANCIAL MANAGEMENT
8. Time Value of Money,
9. Risk and Return

SECTION IV: EFFICIENT LONG-TERM FINANCING DECISIONS
10. Financial System and Interest Rate,
11. Sources of Long-term Funds

SECTION V: CAPITAL STRUCTURE, COST OF CAPITAL, AND CUT-OFF DECISION
12. Capital Structure Theories and Decisions,
13. Cost of Capital and Discount Rate

SECTION VI: EFFICIENT INVESTMENT DECISIONS
14. Identifying Opportunities and Projects with Risk Mitigation,
15. Estimating Cash Flow,
16. Capital Expenditure Evaluation Techniques,
17. Critical Examination of Evaluation Techniques,
18. Real Options and Economic Life Decision

SECTION VII: VALUE: MEASUREMENT, ENHANCEMENT, AND DISTRIBUTION 19. Valuation of Securities and Business,
20. Enhancing Shareholder Value,
21. Distribution Among Shareholders: Cash and Stock Dividends, Splits and Buyback

SECTION VIII: WORKING CAPITAL MANAGEMENT AND FINANCING
22. Working Capital Management,
23. Management of Cash and Marketable Securities,
24. Management of Inventories,
25. Management of Receivables,
26. Working Capital Financing

SECTION IX: MANAGING RISK
27. Portfolio Risk Management,
28. Financial Derivatives and Their Valuation,
29. Performance Measurement and Balanced Scorecard

SECTION X: SPECIAL FINANCING
30. Leasing, Hire-Purchase, and Mortgage,
31. Entrepreneurial Finance,
32. Infrastructure Projects: Structure, Financing and Risk Management

SECTION XI: SPECIAL TOPICS
33. Business Restructuring and Turning Around,
34. Merger and Acquisitions (M&A)
35. International Corporate Finance Decisions,
36. Corporate Governance and Firm Value,
37. Effcient Markets and Behavioural Finance
38. Developments in Corporate Finance

FINANCIAL TABLES
INDEX

Undergraduate, Postgraduate, Doctoral Students, Practitioners of Business and Engineering.