This textbook presents a comprehensive treatment of the legal arrangement of the corporation, the instruments and institutions through which capital can be raised, the management of the flow of funds through the individual firm, and the methods of dividing the risks and returns among the various contributors of funds.
Now in its second edition, the book covers a wide range of topics in corporate finance, from time series modeling and regression analysis to multi-factor risk models and the Capital Asset Pricing Model. Guerard, Gultekin and Saxena build significantly on the first edition of the text, but retain the core chapters on cornerstone topics such as mergers and acquisitions, regulatory environments, bankruptcy and various other foundational concepts of corporate finance.
New to the second edition are examinations of APT portfolio selection and time series modeling and forecasting through SAS, SCA and OxMetrics programming, FactSet fundamental data templates. This is intended to be a graduate-level textbook, and could be used as a primary text in upper level MBA and Financial Engineering courses, as well as a supplementary text for graduate courses in financial data analysis and financial investments.

Chapter 1. Introduction: Capital Formation, Risk, and the Corporation

Chapter 2. The Corporation and Other Forms of Business Organization
Chapter 3. The Corporation Balance Sheet
Chapter 4. The Annual Operating Statements: The Income Statement and Cash Flow Statement
Chapter 5. Financing Current Operations and Efficiency Ratio Analysis
Chapter 6. Financing Current Operations and the Cash Budget
Chapter 7. Capital and New Issue Markets
 Chapter 8. The Equity of the Corporation: Common and Preferred Stock
Chapter 9. Long-Term Debt
Chapter 10. Debt, Equity, the Optimal Financial Structure and the Cost of Funds
Chapter 11. Investing in Assets: Theory of Investment Decision Making
Chapter 12. Regression Analysis and Estimating Regression Models
Chapter 13. Time Series Modeling and the Forecasting Effectiveness of the U.S. Leading Economic Indicators
Chapter 14. Risk and Return of Equity and the Capital Asset Pricing Model
Chapter 15. Multi-Factor Risk Modelsand Portfolio Construction and Management
Chapter 16. Options
Chapter 17. Real Options
Chapter 18. Mergers and Acquisitions
Chapter 19. Liquidation, Failure, Bankruptcy, and Reorganization
Chapter 20. Corporation Growth and Economic Growth and Stability
Chapter 21. International Business Finance
Chapter 22. Management-Stockholder Relations: Is Optimal Behavior All that is Necessary?.