Handbook of corporate finance : a business companion to financial markets, decisions & techniques / Glen Arnold.

Format:

Book

Author/Creator:

Arnold, Glen, author.

Language:

English

Subjects (All):

Corporations--Finance--Handbooks, manuals, etc.

Corporations.

Industrial management--Handbooks, manuals, etc.

Industrial management.

Physical Description:

1 online resource (xxv, 784 p. ) ill.

Edition:

2nd ed.

Place of Publication:

Harlow, England : Financial Times/Prentice Hall, 2010.

Language Note:

English

System Details:

text file

Summary:

Managers climbing the corporate ladder often find that they need to have a better understanding of the mechanics of finance, in which they have generally received little training. This text explains critical and fundamental concepts, illustrated with real-world examples. The Financial Times Handbook of Corporate Finance is the authoritative introduction to the principles and practices of corporate finance and the financial markets. Whether you are an experienced manager or finance officer, or you re new to financial decision making, this handbook identifies all those things that you really need to know: . An explanation of value-based management . Mergers and the problem of merger failures . Investment appraisal techniques . How to enhance shareholder value . How the finance and money markets really work . Controlling foreign exchange rate losses . How to value a company The second edition of this bestselling companion to finance has been thoroughly updated to ensure that your decisions continue to be informed by sound business principles. New sections include corporate governance, the impact of taxation on investment strategies, using excess return as a new value metric, up-to-date statistics which reflect the latest returns on shares, bonds and merger activities and a jargon-busting glossary to help you understand words, phrases and concepts. Corporate finance touches every aspect of your business, from deciding which capital expenditure projects are worth backing, through to the immediate and daily challenge of share holder value, raising finance or managing risk. The Financial Times Handbook of Corporate Finance will help you and your business back the right choices, make the right decisions and deliver improved financial performance. It covers the following areas: . Evaluating your firm s objectives . Assessment techniques for investment . Traditional finance appraisal techniques . Investment decision-making in companies . Shareholder value . Value through strategy . The cost of capital . Mergers: failures and success . Merger processes . How to value companies . Pay outs to shareholders . Debt finance . Raising equity capital . Managing risk . Options . Futures, forwards and swaps . Exchange rate risk

Contents:

Introduction

What is the firm's objective ?

State-of-the-art project appraisal techniques

Traditional appraisal techniques

Investment decision-making in companies

Allowing for risk in project appraisal

Value managed vs earnings managed companies

Value through strategy

Measures of value creation

Entire firm value measurement

What is the company s cost of capital?

Mergers : impulse, regret and success

The merger process

Valuing companies

What pay-outs should we make to shareholders?

Debt finance available to firms of all sizes

Debt finance from the financial markets.

Notes:

Formerly CIP.

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786612983443

9780273759966

0273759965

9781282983441

128298344X

9780273726579

0273726579

OCLC:

1015866876