This textbook represents the cutting edge of what the top scholars and practitioners know about finance - at long last made practical and accessible. It is a corporate book, yet it is cutting edge investment theory, presenting the forefront on interpreting what the data says about the theories, cutting edge on risk management, capital budgeting, and on the issues that need to be considered to determine both a firm's proper mix of debt and equity financing and its value maximizing dividend policy. It tells the practitioner/student how to do it and is the first book to teach, with careful step-by-step pedagogy, and how to think for themselves about it. The goal of this text, and this revision in particular, is to present the material in as simple and accessible manner as possible without glossing over the important details. Rather than organizing the text around financial theory and then thinking about potential applications, the authors began by thinking about finance practice, and then organized the book around the tools needed to create value in the financial management of a corporation.
- ISBN10 0071123415
- ISBN13 9780071123419
- Publish Date 1 November 2001 (first published 1 September 1996)
- Publish Status Unknown
- Publish Country GB
- Publisher McGraw-Hill Education - Europe
- Imprint McGraw-Hill Publishing Co.
- Edition 2nd edition
- Format Paperback
- Pages 912
- Language English