Corporate Finance and Investment - Richard Pike, Bill Neale, Philip Linsley

Corporate Finance and Investment

Decisions and Strategies
Buch | Softcover
896 Seiten
2015 | 8th New edition
Pearson Education Limited (Verlag)
978-1-292-06406-2 (ISBN)
74,80 inkl. MwSt
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Were you looking for the book with access to MyAccountingLab? This product is the book alone and does NOT come with access to MyAccountingLab. Buy Corporate Finance and Investment, 8th edition with MyAccountingLab access card (ISBN 9781292064161) if you need access to MyAccountingLab as well, and save money on this resource. You will also need a course ID from your instructor to access MyAccountingLab



Now in its eighth edition, Corporate Finance and Investment is a popular and well-regarded text for students wanting to gain essential knowledge of corporate finance and the tools to apply it.



With its international perspective, the eighth edition has been thoroughly updated to now include important topics such as the impact of the financial crisis, along with additional material on risk management and behavioural finance. With its focus on strategic issues of finance in a business setting, this text uses the latest data, articles and figures to effectively illustrate the theory in practice.



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Richard Pike is Emeritus Professor of Finance at the School of Management, University of Bradford.



Bill Neale has lectured and researched at several UK Universities and is now freelancing.



Philip Linsley is Senior Lecturer in Accounting and Finance at the University of York.[RP1]

[RP1]Are there any changes you wish to be made in this section?

List of figures and tables xii
Preface xiv
Guided tour xviii
Using MyFinanceLab xx
Acknowledgements xxii
Publisher's acknowledgements xxiii


Part I A FRAMEWORK FOR FINANCIAL DECISIONS 1
1 An overview of financial management 3
2 The financial environment 23
3 Present values, and bond and share valuation 55


Part II INVESTMENT DECISIONS AND STRATEGIES 81
4 Investment appraisal methods 83
5 Project appraisal - applications 113
6 Investment strategy and process 140


Part III VALUE, RISK AND THE REQUIRED RETURN 159
7 Analysing investment risk 161
8 Relationships between investments: portfolio theory 189
9 Setting the risk premium: the Capital Asset Pricing Model 208
10 The required rate of return on investment 247
11 Enterprise value and equity value 270
12 Identifying and valuing options 303


Part IV SHORT-TERM FINANCING AND POLICIES 329
13 Risk and treasury management 331
14 Working capital and short-term asset management 359
15 Short- and medium-term finance 399


Part V STRATEGIC FINANCIAL DECISIONS 435
16 Long-term finance 437
17 Returning value to shareholders: the dividend decision 487
18 Capital structure and the required return 522
19 Does capital structure really matter? 559
20 Acquisitions and restructuring 592


Part VI INTERNATIONAL FINANCIAL MANAGEMENT 655
21 Managing currency risk 656
22 Foreign investment decisions 697
23 Key issues in modern finance: a review


Appendix A Solutions to self-assessment activities 761
Appendix B Solutions to selected questions 779
Appendix C Present value interest factor (PVIF) 811
Appendix D Present value interest factor for an annuity (PVIFA) 813


Glossary 815
References 830
Index 843

Erscheint lt. Verlag 28.5.2015
Verlagsort Harlow
Sprache englisch
Maße 192 x 266 mm
Gewicht 1640 g
Themenwelt Schulbuch / Wörterbuch Schulbuch / Berufs- und Fachschule
Wirtschaft Betriebswirtschaft / Management Finanzierung
ISBN-10 1-292-06406-4 / 1292064064
ISBN-13 978-1-292-06406-2 / 9781292064062
Zustand Neuware
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