Fundamentals of Corporate Finance 4th Edition by David Hillier (eBook PDF) – Textbooks
H3: Valuation of Future Cash Flows H3: Capital Budgeting H3: Risk and Return H3: Cost of Capital and Long-Term Financial Policy H3: Topics in Corporate Finance H2: How to Access Fundamentals of Corporate Finance by David Hillier? H3: eBook Version H3: PDF Version H3: ZIP Version H2: What are the Benefits of Reading Fundamentals of Corporate Finance by David Hillier? H2: Conclusion H2: FAQs Article with HTML formatting Fundamentals of Corporate Finance by David Hillier: A Comprehensive Guide
If you are looking for a book that covers all the essential concepts and applications of corporate finance, you might want to check out Fundamentals of Corporate Finance by David Hillier. This book is written by a team of experts who have years of experience in teaching and researching corporate finance. It is designed for students and practitioners who want to learn the fundamentals of corporate finance in a clear and captivating way.
fundamentals of corporate finance david hillier pdf zip
In this article, we will give you an overview of what corporate finance is, why it is important, what are the main topics covered in Fundamentals of Corporate Finance, how to access the book in different formats, and what are the benefits of reading it. By the end of this article, you will have a better understanding of corporate finance and how it can help you in your academic or professional career.
What is Corporate Finance?
Corporate finance is the field of finance that deals with the financial decisions made by corporations. It involves planning, raising, investing, and managing funds for various purposes, such as expansion, acquisition, dividend distribution, capital structure optimization, risk management, and valuation. Corporate finance also analyzes the impact of these decisions on the shareholders' wealth and the firm's value.
Corporate finance is based on several principles and theories that help explain how financial markets work, how firms should evaluate their projects and assets, how they should choose their financing sources and mix, how they should measure and manage their risk exposure, and how they should create value for their stakeholders. Some of these principles and theories include the time value of money, the net present value rule, the capital asset pricing model, the weighted average cost of capital, the trade-off theory, the pecking order theory, the agency theory, and the market efficiency hypothesis.
Why is Corporate Finance Important?
Corporate finance is important because it helps firms make optimal financial decisions that maximize their value and achieve their strategic goals. Corporate finance also helps firms cope with various challenges and opportunities in the dynamic and competitive business environment. Some of these challenges and opportunities include:
Globalization: Firms need to consider the effects of international markets, currencies, regulations, cultures, and risks on their financial decisions.
Sustainability: Firms need to incorporate environmental, social, and governance factors into their financial decisions to enhance their reputation and performance.
Innovation: Firms need to invest in research and development, new products and services, and digital transformation to gain a competitive edge and create value.
Crisis: Firms need to manage their liquidity, solvency, profitability, and growth during periods of economic downturns or shocks.
Corporate finance also helps firms communicate with their stakeholders, such as investors, creditors, regulators, customers, employees, and society. By providing transparent and reliable financial information and analysis, firms can attract funding, reduce costs, increase trust, improve relations, and influence decisions.
What are the Main Topics Covered in Fundamentals of Corporate Finance?
Fundamentals of Corporate Finance by David Hillier covers all the key concepts and topics that are pertinent to corporate finance courses outside the United States. The book is divided into six parts, each consisting of several chapters that provide real-world examples, illustrations, exercises, and case studies. The main topics covered in each part are as follows:
Overview of Corporate Finance
This part introduces the basic concepts and tools of corporate finance, such as financial statements, financial ratios, cash flow analysis, financial planning, and time value of money. It also explains the role and objectives of the financial manager, the agency problem, and the ethical issues in corporate finance.
Valuation of Future Cash Flows
This part discusses how to value different types of cash flows, such as single cash flows, annuities, perpetuities, growing annuities, and growing perpetuities. It also shows how to use these valuation techniques to value bonds, stocks, and other securities.
Capital Budgeting
This part examines how to evaluate and select investment projects that add value to the firm. It covers the methods of capital budgeting, such as net present value, internal rate of return, profitability index, payback period, and accounting rate of return. It also addresses the issues of project risk analysis, capital rationing, inflation, real options, and project interactions.
Risk and Return
This part explores the relationship between risk and return in financial markets. It introduces the concepts of risk aversion, expected return, variance, standard deviation, covariance, correlation, portfolio theory, diversification, systematic risk, unsystematic risk, beta coefficient, security market line, capital asset pricing model, arbitrage pricing theory, and multifactor models.
Cost of Capital and Long-Term Financial Policy
This part explains how to estimate and use the cost of capital for investment and financing decisions. It covers the concepts of cost of debt, cost of equity, weighted average cost of capital, marginal cost of capital, and adjusted present value. It also discusses the factors that affect the capital structure and dividend policy of the firm.
Topics in Corporate Finance
This part covers some advanced and specialized topics in corporate finance, such as mergers and acquisitions, corporate governance, international corporate finance, behavioral corporate finance, leasing, hybrid financing instruments, derivatives, risk management, and bankruptcy.
How to Access Fundamentals of Corporate Finance by David Hillier?
Fundamentals of Corporate Finance by David Hillier is available in different formats for your convenience. You can choose from the following options:
eBook Version
If you prefer to read the book online or on your device, you can purchase the eBook version from Google Books. The eBook version costs $54.99 and allows you to access the book anytime and anywhere. You can also highlight text, bookmark pages, take notes, and search for keywords.
PDF Version
If you want to download the book as a PDF file for offline reading or printing, you can borrow the PDF version from Internet Archive. The PDF version is free to borrow for 14 days with a valid account. You can also preview some pages before borrowing.
ZIP Version
If you want to compress the book as a ZIP file for easier storage or sharing, you can use a free online tool such as Smallpdf. The ZIP version reduces the file size by up to 90% without compromising the quality. You can also unzip the file whenever you need to read it.
What are the Benefits of Reading Fundamentals of Corporate Finance by David Hillier?
Reading Fundamentals of Corporate Finance by David Hillier can provide you with many benefits for your academic or professional development. Some of these benefits are:
You will learn the fundamentals of corporate finance in a clear and captivating way.
You will gain a solid foundation of knowledge that will help you understand and apply corporate finance concepts and techniques in various situations.
You will enhance your analytical and critical thinking skills by solving problems and cases based on real-world scenarios.
You will stay updated with the latest developments and trends in corporate finance that affect firms in different industries and regions.
You will prepare yourself for further studies or careers in corporate finance or related fields.
Conclusion
by a team of experts who have years of experience in teaching and researching corporate finance. It is designed for students and practitioners who want to learn the fundamentals of corporate finance in a clear and captivating way.
The book is divided into six parts, each consisting of several chapters that provide real-world examples, illustrations, exercises, and case studies. The book also aligns with external syllabi from professional bodies such as ACCA, CIMA, and ICAEW.
By reading this book, you will learn the basic concepts and tools of corporate finance, such as financial statements, cash flow analysis, time value of money, valuation of future cash flows, capital budgeting, risk and return, cost of capital, capital structure, dividend policy, mergers and acquisitions, corporate governance, international corporate finance, behavioral corporate finance, leasing, hybrid financing instruments, derivatives, risk management, and bankruptcy.
You will also gain a solid foundation of knowledge that will help you understand and apply corporate finance concepts and techniques in various situations. You will enhance your analytical and critical thinking skills by solving problems and cases based on real-world scenarios. You will stay updated with the latest developments and trends in corporate finance that affect firms in different industries and regions. You will prepare yourself for further studies or careers in corporate finance or related fields.
If you are interested in learning more about corporate finance, you can access Fundamentals of Corporate Finance by David Hillier in different formats for your convenience. You can purchase the eBook version from Google Books, borrow the PDF version from Internet Archive, or compress the book as a ZIP file using a free online tool. You can also visit the book's website for additional resources and support.
FAQs
Here are some frequently asked questions about Fundamentals of Corporate Finance by David Hillier:
Who are the authors of Fundamentals of Corporate Finance by David Hillier?
The authors of Fundamentals of Corporate Finance by David Hillier are David Hillier, Iain Clacher, Stephen A. Ross, Randolph Westerfield, Jeffrey Jaffe, and Bradford Jordan. They are all professors or lecturers of finance at various universities in the UK and the US.
What is the difference between Fundamentals of Corporate Finance by David Hillier and Corporate Finance by Ross et al.?
Fundamentals of Corporate Finance by David Hillier is an adaptation of Corporate Finance by Ross et al. for non-US markets. It covers all the key concepts and topics that are pertinent to corporate finance courses outside the US. It also provides more European examples and cases to illustrate the theories and applications of corporate finance.
What is the level and length of Fundamentals of Corporate Finance by David Hillier?
Fundamentals of Corporate Finance by David Hillier is suitable for undergraduate or postgraduate students who are taking introductory or intermediate courses in corporate finance. It can also be used by practitioners who want to refresh their knowledge or learn new skills in corporate finance. The book has 750 pages and 23 chapters.
What are the main features and benefits of Fundamentals of Corporate Finance by David Hillier?
Fundamentals of Corporate Finance by David Hillier has many features and benefits that make it an ideal choice for learning corporate finance. Some of these features and benefits are:
It uses an engaging and accessible narrative to explain the key concepts and topics in corporate finance.
It provides integrated theories and real-world European examples to illustrate the fundamentals of corporate finance.
It includes new sustainability in finance boxes that provide awareness on how sustainability and corporate finance are interconnected in every-day life.
It offers example boxes, real world insight boxes, end-of-chapter questions, exercises, problems, mini-cases, and full-length cases to test your understanding and application of corporate finance.
It reflects the latest developments and trends in corporate finance, such as the growth of ethics and sustainability, the emergence of cryptocurrencies and financial technology, the impact of Brexit on corporate finance practice, and the effects of Covid-19 pandemic on corporate finance.
It aligns with external syllabi from professional bodies such as ACCA, CIMA, and ICAEW.
, and online learning center.
How can I get feedback or help on Fundamentals of Corporate Finance by David Hillier?
If you have any questions, comments, or suggestions about Fundamentals of Corporate Finance by David Hillier, you can contact the authors or the publisher through their website or email. You can also join online forums or groups where you can discuss the book with other readers or instructors.
Thank you for reading this article. I hope you found it informative and useful. If you want to learn more about corporate finance, I highly recommend you to read Fundamentals of Corporate Finance by David Hillier. It is a comprehensive guide that covers all the essential concepts and topics in corporate finance. It is also available in different formats for your convenience. You can purchase the eBook version from Google Books, borrow the PDF version from Internet Archive, or compress the book as a ZIP file using a free online tool. You can also visit the book's website for additional resources and support.
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