Bill Neale is Associate Reader in Financial Management at the University of Bournemouth Institute of Business & Law. He is an experienced teacher, consultant and writer, and is the co-author, with Trefor McElroy, of the Pearson Education text *Business Finance: A Value-Based Approach.

*Philip Linsley trained as a Chartered Accountant and is a Senior Lecturer in Accounting and Finance at the University of York. His research interests include Risk Disclosure, Risk and Accounting, and Risk Management Systems.

Texte du rabat

Were you looking for the book with access to MyFinanceLab? This product is the book alone, and does NOT come with access to MyFinanceLab. Buy Corporate Finance and Investment, plus MyFinanceLab with Pearson eText, 7/e (ISBN 9780273763536) if you need access to the MyLab as well, and save money on this brilliant resource.

Corporate Finance and Investments, now in its seventh edition, is a popular and well-regarded text for students of corporate finance. Taking a practical approach, this text focuses on strategic issues of finance in a business setting. With clear and accessible language and an international perspective, the seventh edition will provide you with both essential knowledge of corporate finance—and the tools to apply it.

The Seventh edition features:

New material on risk management techniques and systems
Numerous figures, charts, statistics and tables, using the latest data
New articles in every chapter that illustrate how theory is being used in practice
A new co-author, Philip Linsley, with specific expertise in risk management MyFinanceLab:

MyFinanceLab is ‘like a personal tutor laying the path toward your learning finance’ (Student studying finance, Stockholm School of Economics).

MyFinanceLab is an online tutorial and assessment centre available to aid your learning in finance, with content written specifically for Corporate Finance and Investments. Some of the most popular features in MyFinanceLab include:

A personalised study plan for each student
Limitless opportunities for practice
Step-by-step guidance on how to solve exercises
Instant feedback Visit www.myfinancelab.comto redeem your access code or purchase access to this valuable resource.

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

Bill Nealeis now freelancing after working at several UK universities and retiring from Bournemouth University in 2007.

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

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This product is the book alone, and does NOT come with access to MyFinanceLab.

This title can be supported by MyFinanceLab, an online homework and tutorial system which can be used by students for self-directed study or fully integrated into an instructor's course.

You can benefit from MyFinanceLab at a reduced price by purchasing a pack containing a copy of the book and an access card for MyFinanceLab: Corporate Finance and Investment, plus MyFinanceLab with Pearson eText, 7/e(ISBN 9780273763536). Alternatively, buy access online at www.MyFinanceLab.com.

For educator access, contact your Pearson Account Manager. To find out who your account manager is, visit www.pearsoned.co.uk/replocator

Résumé

Corporate Finance and Investments, now in its seventh edition, is a popular and well-regarded text for students of corporate finance. The text takes a practical approach, focusing on the strategic issues of finance in a business setting.

With clear and accessible language and an international perspective, the seventh edition will provide students with both essential knowledge of corporate finance and the tools to apply it.

Contenu

List of figures and tables
Preface
Guided tour
Using MyFinanceLab
Acknowledgements
Publisher's acknowledgements

Part I A Framework for Financial Decisions
1 An overview of financial management
2 The financial environment
3 Present values, and bond and share valuation

Part II Investment Decisions and Strategies
4 Investment appraisal methods
5 Project appraisal - applications
6 Investment strategy and process

Part III Value, Risk and the Required Return
7 Analysing investment risk
8 Relationships between investments: portfolio theory
9 Setting the risk premium: the Capital Asset Pricing Model
10 The required rate of return on investment
11 Enterprise value and equity value
12 Identifying and rating options

Part IV Short-Term Financing and Policies
13 Risk and treasury management
14 Short-term asset management
15 Short- and medium-term finance

Part V Strategic Financial Decisions
16 Long-term finance
17 Returning value to shareholders: the divident decision
18 Capital structure and the required return
19 Does capital structure really matter?
20 Acquisitions and restructuring

Part VI International Financial Management
21 managing currency risk
22 Foreign investment decision
23 Key issues in modern finance: a review

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

Glossary
References
Index