Financial Management : Theoryand Practice / 6th Edn

The book is a complete reference on the theory and practice of financial management. Developed by an acknowledge expert and writer, the book will equip the reader with adequate skills in the areas of: Financial analysis, planning and control; Management of the firm?s asset structure; Management of the firm?s financial structure It further prepares him/her to make crucial decisions and effective strategies relating to: Investment planning; Financial structure; Treasury operations; Foreign exchange; Risk management; Corporate restructuring This enhanced and restructured version of a highly successful book explains the tools and techniques for analysing various types of decision, presents information about institutions and the environment relevant for financial management, and explores the links between theory and practice. Topics new to this edition include: The financial system; Valuation of bonds and stocks; Risk analysis in capital budgeting; Capital structure and cost of capital; Capital structure decision; Working capital policy; International financial management; Financial management of sick units; EVA; Financial statements, cash flow and taxes; Risk and return: extensions; Capital budgeting: extensions; Efficient market hypothesis and corporate financing; Understanding debt; Corporate valuation; Financial management in public sector undertakings; Corporate risk management.