Corporate finance

This Hornbook is an indispensable resource for both legal practitioners focusing on business and finance as well as students taking classes in business associations, corporate finance and mergers and acquisitions. The book expertly lays out the fundamentals of corporate finance from a legal and business perspective in a manageable, user-friendly manner. The author highlights how accounting, finance and corporate law intersect and operate synergistically. The book provides an in-depth analysis of how the law affects both equity securities (common stock and preferred stock) and debt securities (bonds, debentures and notes), as well as a company's capital structure generally.

Part 1. Valuing the going-concern -- Distinctions between publicly-traded and privately-held companies -- Working with financial statements -- Time value of money -- Future value and present value -- Bond valuation -- Valuing companies -- Efficient capital market hypothesis (ECMH) -- Valuation in the courtroom -- Part 2. Risk and return -- Measures of risk -- Derivative instruments -- Part 3. Claimants on the enterprise -- Debt holders -- Preferred stockholders -- Convertible security holders -- Common stockholders -- Part 4. Mergers and acquisitions -- Fundamental concepts -- Federal law aspects -- State law aspects -- Exhibit I. Future value and present value factor tables -- Exhibit II. Problems involving future and present value.