Financial Management, 7/e

Table of contents

Part I: Introduction

1. Financial Management: An Overview

2. The Financial System

3. Financial Statements, Taxes and Cash Flow

Part II: Financial Analysis and Planning

4. Analysis of Financial Statements

5. Financial Planning and Forecasting

Part III: Fundamental Valuation Concepts

6. The Time Value of Money

7. Valuation of Bonds and Stocks

8. Risk and Return

9. Risk and Return: Portfolio Theory and Asset Pricing Models

10. Options and Their Valuation

Part IV: Capital Budgeting

11. Techniques of Capital Budgeting

12. Estimation of Project Cash Flows

13. Risk Analysis in Capital Budgeting

14. The Cost of Capital

15. Capital Budgeting: Extensions

Part V: Long Term Financing

16. Market Efficiency and Financing Decisions

17. Sources of Long Term Finance

18. Raising Long Term Finance

Part VI: Capital Structure and Dividend Decisions

19. Capital Structure and Firm Value

20. Capital Structure Decision

21. Dividend Policy and Firm Value

22. Dividend Decision

Part VII: Debt and Hybrid Financing

23. Debt Analysis and Management

24. Leasing, Hire-purchase, and Project Finance

25. Hybrid Financing

Part VIII: Working Capital Management

26. Working Capital Policy

27. Cash and Liquidity Management

28. Credit Management

29. Inventory Management

30. Working Capital Financing

31. Working Capital Management: Extensions

Part IX: Corporate Valuation, Restructuring and Value Creation

32. Corporate Valuation

33. Value Based Management

34. Mergers, Acquisitions, and Restructuring

35. Corporate Governance and Executive Compensation

36. Performance Measurement and Balanced Scorecard

Part X: Special Topics

37. International Financial Management

38. Financial Management in Sick Units

39. Financial Management in Intangible-Intensive Companies

40. Corporate Risk Management

41. The State of our Knowledge

New Features

Financial Management: Theory and Practice celebrates the 23rd Anniversary of its publication. Over these two decades, Indian business and finance have considerably changed owing to deregulation, liberalisation, privatisation, globalisation, and the ascendance of the services sector. The book has kept pace with these changes and captures the central themes and concerns of corporate financial management-making it both contemporary and comprehensive.

The book seeks to:

Build understanding of the central ideas and theories of modern finance

Develop familiarity with the analytical techniques helpful in financial decision making

Furnish institutional material relevant for understanding the environment in which financial decisions are taken

Discuss the practice of financial management.

Notable changes in this edition include:

Two new chapters-?Risk and Return: Portfolio Theory and Asset Pricing? and ?The State of Our Knowledge?.

Ten new sections/appendices

Twelve mini cases

Integrally woven numerous spreadsheet models

Number of boxes capturing insights and contemporary practices

To enhance the utility of the book, Spreadsheets for students and Solutions Manual for instructors are available at http://highered.mcgraw-hill.com/sites/0070656657