Corporate Finance Theory and Practice, Third Edition

Index

abandonment risk 943–4

accounting

analysis 92–118

capital structure 702–5

complex points 92–118

harmonising data 84

positioning 926

procedures 143–7

rates of return 543–6

rules/principles 121, 134–5

standards 117–18

value creation 533–4, 536–9, 541–6

accounts

balancing 893

bank 892–3, 900

consolidated 73–91

DPO ratio 196

accretion 766, 850–1

accruals 93

see also inventories

acquisitions

goodwill 82–4

LBOs 869

see also mergers and acquisitions

actuarial present value 110

additive valuation methods 617

adjusted income 84

ADRs see American Depositary Receipts

advance dividends 744

affirmative covenants 411

after-tax basis

cash flows 556, 604–5

ROCE 229, 231–2, 235

agency cost hypothesis 710

agency theory

agency costs 524, 710

bankruptcy 880–2

convertible bonds 468–9

corporate governance 816–17

demergers 855

dividends 733–4

internal financing 727

LBOs 872

risk insurance 924

value 523–4

warrants 463

Air France KLM convertible bond issue 467

Aït-Mokhtar, Yann 680

Alcan aluminium group 518–19

all-share mergers 844–54

accretion criteria 850–1

asset contributions 845–6, 848

bootstrapping 854–3

dilution 850–1

exchange ratio 849–50

legal mergers 844–5

mechanics 849–54

pros and cons 848

relative value 849–51, 853

share contributions 845, 848

share exchange 845–7

synergies 852–3

techniques 844–8

the way forward 854

Almeida, H. 657

ALRG see asset liability refinancing gap

alternative portfolio management 340

American Depositary Receipts (ADRs) 491–2

amortisation

accounting procedures ...