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Full Description
Now in its 8th edition, Finance for Executives provides a comprehensive overview of the financial practice professionals at executive level are likely to encounter. With its clear and accessible writing style, the text underpins theory with numerous real-world examples from a range of international companies explaining financial management in a modern business environment.
In this 8th edition, the authors reiterate their belief that managers should manage their firm's resources ethically with the objective of increasing their firm's value with a new chapter on sustainability and corporate finance.
Contents
Part I: Financial Concepts and Techniques
Chapter 1. Financial Management and Value Creation: An Overview
Chapter 2. The Time Value of Money
Chapter 3. Risk and Return
Part II: Evaluating Business Performance
Chapter 4. Interpreting Financial Statements
Chapter 5. Analyzing Operational Efficiency and Liquidity
Chapter 6. Analyzing Profitability, Risk, and Growth
Part III: Making Investment Decisions
Chapter 7. Using the NPV Rule to Make Value-Creating Investment Decisions
Chapter 8. Alternatives to the Net Present Value Rule
Chapter 9. Identifying and Estimating a Project's Cash Flows
Part IV: Making Financing Decisions
Chapter 10. Valuing Bonds and Common Stocks
Chapter 11. Raising Capital and Paying Out Cash
Chapter 12. Estimating the Cost of Capital
Chapter 13. Designing a Capital Structure
Part V: Making Business Decisions
Chapter 14. Valuing and Acquiring a Business
Chapter 15. Managing Corporate Risk
Chapter 16. Understanding Forward, Futures and Options and their Contribution to Corporate Finance
Chapter 17. Making International Business Decisions
Chapter 18. Sustainability and Corporate Finance
Chapter 19. Managing for Value Creation