The Revolution in Corporate Finance has established itself as a key text for students of corporate finance with wide use on a range of courses. Using seminal articles from the highly regarded Bank of America Journal of Applied Corporate Finance, it gives students real insight into the practical implications of the most recent theoretical advances in the field. This extensively revised and updated fourth edition contains a significant amount of new material while retaining key original articles from previous editions. It offers, in one volume, coverage of the latest academic thinking, written by leading financial economists in a way that is accessible to students and corporate management.

PARTI FINANCIAL MARKETS
　Ch.1 The History of Finance
　Ch.2 The Theory of Stock Market Efficiency
　Ch.3 Market Myths
　Ch.4 An Analysis of Trading Profits

PARTII THE CORPORATE INVESTMENT DECISION
　Ch.5 Finance Theory and Financial Strategy
　Ch.6 In Defense of Beta
　Ch.7 The Liquidity Route to a Lower Cost of Capital
　Ch.8 The Promise of Real Options
　Ch.9 Real Options: State of the Practice

PARTIII THE FINANCING DECISION I: CAPITAL STRUCTURE
　Ch.10 The Modigliani-Miller Propositions After Thirty Years
　Ch.11 Still Searching for Optimal Capital Structure
　Ch.12 The Capital Structure Puzzle
　Ch.13 What Do We Know About Stock Repurchases
　Ch.14 Stern Stewart Roundtable on Capital Structure and Stock Repurchase: Panelists

PARTIV THE FINANCING DECISION II: THE FINANCE VEHICLES
　Ch.15 Raising Capital
　Ch.16 Financing Corporate Growth
　Ch.17 Are Banks Still Special? New Evidence on Their Role in the Capital-Raising Process
　Ch.18 Convertible Bonds: Matching Financial and Real Options
　Ch.19 The Uses of Hybrid Debt in Managing Corporate Risk
　Ch.20 Using Project Finance to Fund Infrastructure Investments

PARTV RISK MANAGEMENT
　Ch.21 Financial Innovation: Achievements and Prospects
　Ch.22 Managing Financial Risk
　Ch.23 Rethinking Risk Management
　Ch.24 Theory of Risk Capital in Financial Firms
　Ch.25 Corporate Insurance Strategy
　Ch.26 Value at Risk

PARTVI INTERNATIONAL FINANCE:
　Ch.27 Financial Markets and Economic Growth
　Ch.28 Globalization, Corporate Finance, and the Cost of Capital
　Ch.29 Globalization of Capital Markets and the Asian Financial Crisis
　Ch.30 Incorporating Country Risk in the Valuation of Offshore Projects
　Ch.31 Yankee Bonds and Cross-Border Private Placements
　Ch.32 Financial Risk Management for Developing Countries

Part VII: International Corporate Governance:
　Ch.33 Is American Corporate Governance Fatally Flawed?
　Ch.35 Corporate Ownership and Control in the U.K., Germany, and France
　Ch.36 Universal Banks Are Not the Answer to America’s Corporate Governance “Problem”
　Ch.37 Which Capitalism? Lessons From the East Asian Crisis
　Ch.38 Measuring the Effectiveness of Different Corporate Governance Systems
　Ch.39 Merton Miller’s Contribution To Modern Finance