This text by the same authors of the text "Management of Company Finance", provides an introductory grounding in both the theory and practice of financial management and its relevance to the real world business environment. The text provides clarity of explanation and practice questions for which the advanced text is renowned, but avoids going into the same depth of mathematical detail and rigour demanded by specialist finance students.
Table of Contents
1. The financial environment 2. Flow of funds and taxation 3. Finance and accounting 4. Investment appraisal: basic methods 5. Investment appraisal: further methods 6. Capital rationing and risk analysis in imperfect capital markets 7. Corporate strategy and high-technology investments 8. Introduction to risk and return 9 Introduction to derivatives and option theory 10. Stock markets and equity share capital 11. Stock market efficiency 12. Long-term debt finance 13. Share price valuation and the cost of capital 14. Short- and medium-term sources of finance 15. The dividend decision 16. Gearing and company cost of capital 17. Financial planning 18. Treasury planning 19. Foreign exchange markets 20. Management of working capital.