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.
FREE Two-Day Shipping for students on millions of items. Learn more |
Book Description
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
Would you like to update product info or give feedback on images?
|
More About the Authors
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
There are no customer reviews yet.
|
|||
|
Video reviews
|
What Other Items Do Customers Buy After Viewing This Item?
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
