Published by Pearson (August 21, 2018) © 2019
Richard Pike | Bill Neale | Saeed Akbar | Philip LinsleyUnderstand and develop the tools to apply the principles of Corporate Finance from an international perspective with this leading text.
Corporate Finance and Investment: Decisions and Strategies, 9th Edition is the latest version of this highly regarded and established text, coming from a team of leading experts in the field.
The text studies the discipline from an international perspective, aiming to help you understand the fundamental principles of Corporate Finance and develop the tools you need to apply theory to practice.
The latest, thoroughly revised Edition includes topical issues in valuation, working capital, capital structure, the dividend decision, Islamic Finance, Risk Management, and Behavioural Finance.
Focusing on the strategic issues of Finance in a business setting, this must-read text uses the latest financial and accounting data, articles, and research papers, to effectively demonstrate the ways and extent you can apply theory to practical issues.
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- 9781292234915 Corporate Finance and Investment, 9th Edition MyLab® Finance
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List of figures and tables
Preface
Authors' acknowledgements
Publisher's acknowledgements
Part I A framework for financial decisions
- An overview of financial management
- The financial environment
- Present values, and bond and share valuation
Part II Investment decisions and strategies
- Investment appraisal methods
- Project appraisal – applications
- Investment strategy and process
Part III Value, risk and the required return
- Analysing investment risk
- Relationships between investments: portfolio theory
- Setting the risk premium: the Capital Asset Pricing Model (CAPM)
- The required rate of return on investment
- Enterprise value and equity value
- Identifying and valuing options
Part IV Short-term financing and policies
- Risk and treasury management
- Working capital and short-term asset management
- Short- and medium-term finance
Part V Strategic financial decisions
- Long-term finance
- Returning value to shareholders: the dividend decision
- Capital structure and the required return
- Does capital structure really matter?
- Acquisitions and re-structuring
Part VI International financial management
- Managing currency risk
- Foreign investment decisions
- Key issues in modern finance: a review