Capital Budgeting and Long-Term Financing Decisions (The Dryden Press Series in Finance) [Hardcover]

Neil Seitz (Author), Mitch Ellison (Author)

Book Description

ISBN-10: 0030237890 | ISBN-13: 978-0030237898 | Publication Date: December 2, 1998 | Edition: 3rd

Utilizing a strategic framework, this book discusses key concepts and how they synchronize with overall corporate strategies and goals. Environmental concerns, social responsibilities, and ethics are supported throughout the text.

Editorial Reviews

About the Author

Neil Seitz has been Dean of the School of Business and Administration at Saint Louis University since 1993. He received degrees from Findlay College, the University of Hawaii, and Ohio State University. Before entering academics, he worked briefly in inventory planning and then acquisition analysis. After teaching at Florida Atlantic University, he joined the finance faculty of Saint Louis University in 1975. He has published six books in a total of 11 English editions, plus one translation, and has published numerous articles as well. He has also consulted with and contributed to executive development programs for companies spanning the United States, Europe, South America, Australia, and Asia. His primary areas of academic interest are capital investment choice and the management of risk, such as foreign exchange risk, credit risk, and interest rate risk. His most recent book, Capital Budgeting and Long-Term Financing Decisions, 3d. ed., was published by Dryden Press in 1999. He currently serves on the boards of Magna Investment Funds and Inroads. He also serves on the advisory boards for the Initiative for a Competitive Inner City and Rosati-Kain High School. He serves as chairman of the oversight committee for the Beijing Program of the Association of Jesuit Business Schools.

Mitch Ellison is the Dean of the Business School at Quincy University. In addition, he has teaching responsibilities within the school as a Professor of Finance and Accounting. He earned his Ph. D. in Finance from Saint Louis University. Mitch is a Chartered Financial Analyst, a Certified Public Accountant, a Certified Management Accountant and is Certified in Financial Management. He has extensive experience in merger and acquisition analysis acting as an independent analyst for over twenty consummated or initiated deals. Mitch serves as consultant in strategic planning, executive compensation, and in various SEC and FASB implementation issues. Additionally, he is co-author of Capital Budgeting and Long Term Financial Decisions, Third Edition, with Neil Seitz as primary author. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Hardcover: 896 pages
• Publisher: South-Western Pub; 3rd edition (December 2, 1998)
• Language: English
• ISBN-10: 0030237890
• ISBN-13: 978-0030237898
• Product Dimensions: 9.2 x 7.7 x 1.6 inches
• Shipping Weight: 3.6 pounds
• Average Customer Review: 3.2 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #917,363 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5 of 6 people found the following review helpful:

3.0 out of 5 stars Old fashioned and somewhat confuse, September 23, 2003

By A Customer

This review is from: Capital Budgeting and Long-Term Financing Decisions (The Dryden Press Series in Finance) (Hardcover)

I have used this as a textbook for executive MBA students. The text is comprehensive and the reading is easy but some cases, although short, are confuse. The authors spend precious time in topics which are usually subject of other disciplines and the students have already studied, like derivatives, lease analysis, linear programming and mergers, just to name a few. On the other hand, the discussion of option models is restricted to a few pages and do not emphasize the use of options to evaluate flexibility. It's almost unconceivable to organize a course in capital budgeting without discussing real options, so the book has to be complemented, while several chapters could be eliminated.

2 of 2 people found the following review helpful:

2.0 out of 5 stars unclear, July 18, 2007

By 

Scarlet Reyes - See all my reviews

This review is from: Capital Budgeting and Long-Term Financing Decisions (Hardcover)

I felt that this textbook which was used for one of my mba classes was confusing. There are mistakes and typos which are unacceptable in a finance text. The cases do not get directly to the point, and add distracting information to make the case seem more 'real,' but instead it is just unclear. The explanations and examples are not explained well.

4 of 6 people found the following review helpful:

5.0 out of 5 stars A Classic and Must Have, November 24, 2004

By 

Fodil Laoudi "F.L" (Washington, DC United States) - See all my reviews
(REAL NAME)   

This review is from: Capital Budgeting and Long-Term Financing Decisions (Hardcover)

This book explains very well the diffrent concepts and techniques used in capital budgeting such as Divident, risk-adjusted cash flow analysis, WACC calculations, and an introduction to Linear programing. However, it does not provide a very advanced analysis of the techniques. The book shows you how to use them, the different assumptions behind each technique, advantage and disadvantage, but does not explain how to apply the techniques in very complexe situations. Overall, it is a classic in terms of content and the number of topics cavered.