Contemporary Financial Management

Résumé du livre

This successful book provides a comprehensive and contemporary introduction to financial management, with a focus on shareholder wealth maximization and cash flow management. It also includes an emphasis on the international aspects of financial management. Ethical issues faced by managers and the increased impact of the Internet in finance are also covered. This edition reflects the changing focus on finance areas, including the addition of the discounted payback period, more on risk management, and material on the dividend practices of foreign firms. Unnecessary mathematical detail has been reduced-without loss of substantive material-to make the book more user-friendly. Shorter summaries, an end-of-book glossary and International, ethics, and entrepreneurial boxed features have been added to aid in reader comprehension.