Finance for executives: managing for value creation

Ideal for both aspiring managers and experienced executives, the Fourth Edition of FINANCE FOR EXECUTIVES: MANAGING FOR VALUE CREATION illustrates the importance of financial information in maximizing firm value. Respected authors Gabriel Hawawini and Claude Viallet draw on their wealth of business experience to provide a concise, analytically sound introduction to financial management that is neither too simplistic nor too theoretical. In fact, the book masterfully balances a thorough exploration of modern finance principles with a strongpractical focus on real-world applications and rigorous analysis, even while avoiding complicated formulas with little value for decision-making. FINANCE FOR EXECUTIVES employs a strong problem-scenario approach to present key concepts within the context of realistic financial management issues that executivescommonly face. In addition, a series of integrated case studies analyzes the same set of companies throughout the book to explore concepts in greater depthand reinforce learning. The book also features a highly reader-friendly structure and presentation, with self-contained chapters that make it an invaluablereference and resource. In addition, the Fourth Edition includes extensive updates incorporating the most recent financial data and latest references, as well as a new chapter devoted to managing corporate risk, an essential topic for success in today's high-stakes business environment. INDICE: PART I INTRODUCTION. 1. Financial Management and Value Creation: An Overview. 2. Understanding Balance Sheets and Income Statements. Part II FINANCIAL DIAGNOSIS AND MANAGEMENT. 3. Assessing Liquidity and Operational Efficiency. 4. Measuring Cash Flows. 5. Diagnosing Profitability, Risk, and Growth. PART III INVESTMENT DECISIONS. 6. Using the Net Present Value Rule to Make Value-Creating Investment Decisions. 7. Alternatives to the Net Present Value Rule. 8. Identifying and Estimating a Project's Cash Flows. Part IV FINANCING DECISIONS. 9. Raising Capital and Valuing Securities. 10. Estimating the Cost of Capital. 11. Designing a Capital Structure. PART V BUSINESS DECISIONS. 12. Valuing and Acquiring a Business. 13. Managing Corporate Risk. 14. Making International Business Decisions. 15. Managing for Value Creation.

• ISBN: 978-0-538-75134-6
• Editorial: South Western College
• Encuadernacion: Cartoné
• Páginas: 672
• Fecha Publicación: 22/10/2010
• Nº Volúmenes: 1
• Idioma: Inglés