Principles of Managerial Finance,13/e has enhanced its learning goal system, which integrates pedagogy with concepts and practical applications. The system concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment. The strong pedagogy and generous use of examples - including personal finance examples - make this text an easily accessible resource for in- and out-of-class learning. • Offer a new perspective: New Coauthor Chad Zutter. A recent recipient of the Jensen Prize for the best paper published in the Journal of Financial Economics, Zutter brings a fresh perspective to thirteenth edition of this text.
• Guide students through the material: The Proven Learning System. This edition has enhanced its learning goal system, which integrates pedagogy with concepts and practical applications. The system concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment.
• Help students make the connections: The Overarching Organization of this text conceptually links the firm's actions and its value, as determined in the financial market. Each major decision area is presented in terms of both risk and return factors and their potential impact on owner's wealth
• Take the concepts abroad: International Considerations. In today's world international considerations are essential to the study of business in general - and finance in particular. As in prior editions, discussions of international dimensions are integrated throughout the chapters, learning goals, and end-of-chapter content.
• For instructors who devote more time to international considerations, a separate chapter on international managerial finance is available at the end of the text.
• Why This Chapter Matters to You is a feature that helps motivate interest by discussing how the topic relates to the concerns of other major business disciplines and personal finance decisions.
• Personal Finance examples link the concepts, tools, and techniques of each chapter. Numerous examples of personal finance problems can be found throughout the homework material.
Lawrence J. Gitman is an emeritus professor of finance at San Diego State University. Dr. Gitman has published more than 50 articles in scholarly journals as well as textbooks covering undergraduate- and graduate-level corporate finance, investments, personal finance, and introduction to business. He is past president of the Academy of Financial Services, the San Diego Chapter of the Financial Executives Institute, the Midwest Finance Association, and the FMA National Honor Society.
Chad J. Zutter is the Joseph P. and Angela A. Campolo Faculty Fellow and an associate professor of finance at the University of Pittsburgh. His research has a practical, applied focus and has been the subject of feature stories in, among other prominent outlets, The Economist and CFO Magazine. His papers have been cited in arguments before the U.S. Supreme Court and in consultation with companies such as Google and Intel.