Finance for Executives: Managing for Value Creation [Hardcover]

Gabriel Hawawini (Author), Claude Viallet (Author)

Book Description

ISBN-10: 0324117752 | ISBN-13: 978-0324117752 | Publication Date: June 20, 2001 | Edition: 2

This thorough and analytically sound introduction to financial management is designed especially for the experienced exec. Employing the appropriate level of both practicality and rigor for the executive audience, the book emphasizes rigorous analysis with direct application to decision-making. Using a practical approach, Finance for Executives is organized around the underlying principle that firms should be managed to create value for their owners. Hawawini and Viallet have extensive expertise teaching this topic to executives: The material in their book has been used by thousands of managers worldwide. Filling the gap between introductory accounting and finance manuals for nonfinancial managers and advanced books on corporate finance, Finance for Executives serves as an excellent - yet concise - reference.

Editorial Reviews

Review

"The unique aspect of this text is its acceptance that there is some validity to financial statements and [their] managerial focus. Chapters 3, 4, and 14 are unique contributions that are important for the type of course I teach which focuses on a managerial rather than theoretical approach to the topics."

"This chapter (Chapter 10, Estimating the Cost of Capital) is always a difficult area for students to understand. I think the authors have done a commendable job in not making the discussion too technical." --This text refers to an out of print or unavailable edition of this title.

About the Author

Gabriel Hawawini (Ph.D., New York University) is the Henry Grunfeld Chaired Professor of Investment Banking at INSEAD - the European Institute of Business Administration. He has also taught finance at New York University, Columbia University, and the Wharton School of the University of Pennsylvania, where he won the Helen Kardon Moss Anvil Award for Excellence in Teaching.

Professor Hawawini is the author of ten books and over 60 research papers. In addition to serving as Vice President of the French Finance Association, he has organized, directed, and taught in management development programs at INSEAD and around the world.

Claude Viallet (Ph.D., Northwestern University) is Professor of Finance at INSEAD and Visiting Professor of Finance at Northwestern University. Before joining INSEAD, he worked as a project manager at a major oil company and as chief financial officer of a service company in Paris.

Professor Viallet has been President of the European Finance Association and has published widely in leading academic and professor journals. He has organized, directed and taught in management development programs in Europe, the United States, Asia, and Latin America.

Product Details

• Hardcover: 624 pages
• Publisher: South-Western College Pub; 2 edition (June 20, 2001)
• Language: English
• ISBN-10: 0324117752
• ISBN-13: 978-0324117752
• Product Dimensions: 9.4 x 7.6 x 1.2 inches
• Shipping Weight: 2.7 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (8 customer reviews)
• Amazon Best Sellers Rank: #1,149,022 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

12 of 12 people found the following review helpful:

5.0 out of 5 stars A readable, relevant reference for every business person., September 22, 1998

By 

A. Magos (Wilmette, Illinois) - See all my reviews
(REAL NAME)   

This review is from: Finance for Executives (Hardcover)

Every business owner, executive, accountant, banker and maybe even your lawyer should have this valuable book on their desktop! The authors demystify the art of finance and suggest pragmatic approaches and solutions for every day capital uses and needs. This attractive and attractively priced book is written in an innovative way, making it a useful quick desktop reference as well as an MBA level finance text. The glossary by itself is worth the price of the book. How astounding that the authors are both French, yet write with more clarity in English than any American finance writer I have read of late! Vive la readability!

7 of 8 people found the following review helpful:

5.0 out of 5 stars Excellent for Corporate Finance practitioners, August 8, 2000

By A Customer

This review is from: Finance for Executives (Hardcover)

‚Finance for Executives' is invaluable for everybody who needs to analyse companies and wants to know whether investment, financing or business decisions create value. It is written very clearly and is therefore easy to understand. It offers plenty of practically relevant examples, mostly based on one company which is being analysed in its different aspects throughout the whole book. Moreover, every chapter finishes with review problems (including solutions) and useful references. Some chapters offer appendices with mathematical proofs or additional in-depth analysis. - You will not be satisfied with this book if you are looking for a scientific, theoretical text. However, your expectations will be exceeded if you are a practitioner who wants to make an impact in a consulting or investment banking environment. - What does make this book so special? After working through it, you will be able to easily put into practice what you read.

4 of 4 people found the following review helpful:

5.0 out of 5 stars Readable , practical and ..maybe the best..., February 9, 2004

By 

MADC "mdiaz" (America Latina) - See all my reviews

Amazon Verified Purchase

This review is from: Finance for Executives: Managing for Value Creation (Hardcover)

In my humble opinion ,this maybe one of the best books of Finance... It is practical,direct to the point,the examples are clearly stated so that you can follow the concepts and central ideas and most important : you really can understand everything in an easy way....no sweat here..
You can apply almost everything in this book to your daily practice. No matter your years of experience , FFE will refresh you and reinforce your knowledge. I always have this book on my desk for reference.