Basic Financial Management [Hardcover]

Arthur J. Keown (Editor)

Book Description

ISBN-10: 013080357X | ISBN-13: 978-0130803573 | Publication Date: October 1997 | Edition: 7th

The fifth edition of this text has a revised chapter sequence which places valuation earlier in the book. It offers an increased emphasis on the capital market's influence on corporate decisions, has an increased number of basic financial management inserts and incorporates a new section on readings in finance. It also suggests starting points for considering ethical issues related to financial decision-making, contains a new introductory section on capital markets, updates the section on taxes to reflect current tax revisions, compares basic differences in taxes across borders and discusses alternative methods for estimating a project's systematic risk through the use of accounting data as well as the proxy or pure play method. The presentation of capital markets is expanded to include junk bonds, Eurobonds and dual-class recapitalizations. The restructuring of firms is examined and there is a new section on how mergers and acquisitions can enhance business value.

--This text refers to an out of print or unavailable edition of this title.

Editorial Reviews

From the Publisher

This book provides an introduction to financial decision making that is rooted both in current financial theory and world economic conditions. The text presents ten basic principles (or axioms) of finance in the opening chapter and weaves these concepts throughout the book. The student is presented with a cohesive, interrelated subject from which future, as yet unknown problems can be approached. The authors' goal is to provide a cohesive and enduring understanding of the basic tools and fundamental principles upon which finance is based. --This text refers to an alternate Hardcover edition.

From the Back Cover

Key Benefit: This book provides an introduction to financial decision making that is rooted both in current financial theory and in the current state of world economic conditions. Key Topics: Finance is not presented as a fill-in-the-equation and grind-out-the-numbers discipline, but one in which the output from various tools and techniques are used as input to decisions guided by an understanding of the underlying principles. The authors' objective is to provide readers with this thorough, theory-based and relevant understanding of financial decision making. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Hardcover
• Publisher: Prentice Hall College Div; 7th edition (October 1997)
• Language: English
• ISBN-10: 013080357X
• ISBN-13: 978-0130803573
• Product Dimensions: 10.4 x 8.2 x 1.8 inches
• Shipping Weight: 4.5 pounds
• Amazon Best Sellers Rank: #10,568,361 in Books (See Top 100 in Books)