Part 1: Value -- Finance and the financial manager -- Present values, the objectives of the firm, and corporate governance -- How to calculate present values -- Valuing bonds -- The value of common stocks -- Why net present value leads to better investment decisions than other criteria -- Making investment decisions with the net present value rule -- Part 2: Risk -- Introduction to risk, return, and the opportunity cost of capital -- Risk and return -- Capital budgeting and risk -- Part 3: Best practices in capital budgeting -- Project analysis -- Investment, strategy, and economic rents -- Agency problems, management compensation, and the measurement of performance -- Part 4: Financing decisions and market efficiency -- Efficient markets and behavioral finance -- An overview of corporate financing -- How corporations issue securities -- Part 5: Payout policy and capital structure -- Payout policy -- Does debt policy matter? -- How much should a firm borrow? -- Financing and valuation -- Part 6: Options -- Understanding options -- Valuing options -- Real options -- Part 7: Debt financing -- Credit risk and the value of corporate debt -- The many diferent kinds of debt -- Leasing -- Part 8: Risk management -- Managing risk -- Managing international risks -- Part 9: Financial planning and the management of working capital -- Financial analysis and planning -- Working capital management -- Short-term financial planning -- Part 10: Mergers, corporate control, and governance -- Mergers -- Corporate restructuring -- Governance and corporate control around the world

1. Corporations -- Finance