Corporate Financial Management, Solutions Manual (Paperback)

~ (Author), John D. Finnerty (Author)

Editorial Reviews

Product Description

This book, from the former editors of FMA's Journal of Financial Management, is the first to integrate the major developments made in finance in the last twenty years, such as principal-agent considerations, asymmetric information considerations, and contingent claims analysis. The format parallels that of competitors, but the new material is woven into, and enriches, the traditional presentations. This is also the first corporate finance textbook to truly marry practice with theory, by having a full-time practitioner author. The volume provides an overview of corporate financial management and details accounting, cash flows, and taxes, the financial environment, principles, and fundamental concepts, valuation, risk & return, financial securities, options, valuing contingencies and financial contracting, as well as capital budgeting, strategic asset allocation, capital structure and dividend policy, managing the firm and long-term financing. --This text refers to an out of print or unavailable edition of this title.

From the Publisher

This book, from the current editors of FMA's journal Financial Management, is the first to integrate the major development made in finance in the last twenty years, such as principal-agent considerations, asymmetric information considerations, and contingent claims analysis. The format parallels that of competitors, but the new material is woven into, and enriches, the traditional presentations. This is also the first corporate finance textbook to truly marry practice with theory, by having a full-time practitioner author. Examples come from the real world, and include the Netscape IPO (initial public offering), a financial statements analysis of Annheuser-Busch, Sun's offer to buy Apple Computer, and the Barings Bank Failure. --This text refers to an out of print or unavailable edition of this title.

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Product Details

• Paperback
• Publisher: Prentice Hall; Sol edition (March 1997)
• Language: English
• ISBN-10: 0137235607
• ISBN-13: 978-0137235605
• Product Dimensions: 11 x 8.4 x 0.5 inches
• Shipping Weight: 1.3 pounds
• Average Customer Review: 3.4 out of 5 stars  See all reviews (7 customer reviews)
• Amazon.com Sales Rank: #1,608,329 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 7 people found the following review helpful:

4.0 out of 5 stars Great introductory level corporate finance book!, May 30, 2000

By	Brian Duggan (Minneapolis) - See all my reviews

This review is from: Corporate Financial Management (Hardcover)

I used this book as an undergraduate at UW-Madison and a graduate at UVa. I found the material helpfull and easy to understand. Great for the undergraduate course, however it is not up to par for graduate level analysis.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Best Corporate Finance Text available, March 21, 2007

By	C. Hodges "bufordshighway" (Atlanta metro) - See all my reviews (REAL NAME)

This review is from: Corporate Financial Management (3rd Edition) (Hardcover)

The third edition of EFS is the best corporate finance textbook/reference available. The text correctly does several things. First, it uses the Principles to tie the topics together. Second, the author's mix of academic and professional experience allows for a book that is both real world and theoretically correct. Third, the book's layout makes it user friendly.

I especially like the integration of agency issues and (real) options throughout the book.

Within the past year, I have taught from Brigham (et al), Ross (et al), Emery (et al) and reviewed Brealey (et al), Block and Hirt, Berk and Demarzo, and Smart (et al). I have Weaver and Weston, but have not reviewed it. Emery Finnerty and Stowe is easily the best textbook and reference. Brigham has dumbed down its text to the point where students do not have enough information to understand a topic. Ross and Brealey continue to write books of mostly theoretical correctness while ignoring usability and consistency. Berk and Demarzo is new, but trends to the Ross style.

The book is appropriate for senior, graduate, and corporate university classes. The book can be used for both core and major courses.

My only complaint as an instructor is the lack of supplemental materials (probably due to its low percent of market share) and relative lack of variation on end of chapter problems. End of chapter questions are excellent.

3.0 out of 5 stars publication quality is awfule, August 20, 2009

By	J. Knight (San Francisco, CA United States) - See all my reviews (REAL NAME)

This review is from: Corporate Financial Management (3rd Edition) (Hardcover)

I just got the softcover 3rd edition and, while the content is adequate, the physical book itself is awful. The pages are like recycled newsprint, and there is no color (even though there is on my electronic edition) and the print looks like it was made on an old laserprinter with no greyscale. $144 for a softcover should rate better stock with some better ink.