Corporate Finance: A Glimpse

" The daily revaluations of the stock exchange, though they are primarily made to facilitate transfers of old investments between one individual and another, inevitably assert a decisive influence on the rates of current investment. For there is no sense in building up a new enterprise at a cost greater than that at which a similar existing asset can be purchased; whilst there is an inducement to spend on a new project what may seem an extravagant sum, if it can be floated off on the stock exchange at an immediate profit."

- Keynes (General Theory)

Corporate Finance covers every decision a firm makes that may affect its finances. The key objective of the study of this subject is to increase the shareholder's value. This site gives an insight into some of the significant concepts of the subject. A basic background knowledge in corporate finance is assumed. It has been divided into five areas:

  1. The Objectives of the firm: The main objectives in decision making
  2. Options Valuation
  3. Estimating risk premium (Equity)
  4. Financing Innovations and Capital Structure Choices
  5. Acknowledgements

The links can be followed directly or the site can be browsed via the link bar at the bottom of each page. 


The Financial District
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