The Theory Of Corporate Finance by Jean Tirole


Table of Contents with Links to Sample Chapters (PDF format)


Overview of the Field and Coverage of the Book
Prerequisites and Further Reading
Some Important Omissions

I. An Economic Overview of Corporate Institutions
1. Corporate Governance
2. Corporate Financing: Some Stylized Facts

II. Corporate Financing and Agency Costs
3. Outside Financing Capacity
4. Some Determinants of Borrowing Capacity
5. Liquidity and Risk Management, Free Cash Flow, and Long-Term Finance
6. Corporate Financing under Asymmetric Information
7. Topics: Product Markets and Earnings Manipulations

III. Exit and Voice: Passive and Active Monitoring
8. Investors of Passage: Entry, Exit, and Speculation
9. Lending Relationships and Investor Activism

IV. Security Design: The Control Right View
10. Control Rights and Corporate Governance
11. Takeovers

V. Security Design: The Demand Side View
12. Consumer Liquidity Demand

VI. Macroeconomic Implications and the Political Economy of Corporate Finance
13. Credit Rationing and Economic Activity
14. Mergers and Acquisitions, and the Equilibrium Determination of Asset Values
15. Aggregate Liquidity Shortages and Liquidity Asset Pricing
16. Institutions, Public Policy, and the Political Economy of Finance

VII. Answers to Selected Exercises, and Review Problems (2MB Excerpt)
Answers to Selected Exercises
Review Problems
Answers to Selected Review Problems



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File created: 10/27/2005