Slide MGT204 Slide13

13-1

Chapter Thirteen

Corporate Financing
Decisions
Corporate
Finance
Ross  Westerfield  Jaffe
and Efficient Capital Markets

13

Sixth Edition

Prepared by
Gady Jacoby
University of Manitoba
and
Sebouh Aintablian
American University of

Beirut
McGraw-Hill Ryerson

© 2003 McGraw–Hill Ryerson Limited

13-2

Chapter Outline
13.1 Can Financing Decisions Create Value?
13.2 A Description of Efficient Capital Markets
13.3 The Different Types of Efficiency
13.4 The Evidence
13.5 Implications for Corporate Finance
13.6 Summary and Conclusions

McGraw-Hill Ryerson

© 2003 McGraw–Hill Ryerson Limited