Basic Financial Management - Hardcover

Hardcover

ISBN 10: 013080357X ISBN 13: 9780130803573

Publisher: Pearson College Div

Synopsis

This text balances a conceptual understanding of the material with rigour in building an understanding of the financial decision-making process, rather than just an introduction to the tools and techniques. Building the presentation around the 10 Axioms of Finance as an intuitive framework for understanding 'the big picture', the text provides a cohesive and enduring understanding of the tools of modern theory while developing the logic behind their use. *Concludes each chapter with a section on 'How Financial Managers Use This Material'; that ties the chapter material to students' future job setting and to real world companies. *Features unique treatment of Value Based Management - VBM - the set of management tools designed to help firms manage their operations in such a way as to enhance shareholder value. *Integrates examples of international finance throughout. *Focuses on the creation of wealth. *Emphasizes actual business practices throughout - to demonstrate both the relevance of topics discussed and the implementation of theory. *Weaves coverage of international finance throughout the text and includes an optional full chapter that deals directly with the topic.

About this title

From the Publisher

This book provides an introduction to financial decision making that is rooted both in current financial theory and world economic conditions. The text presents ten basic principles (or axioms) of finance in the opening chapter and weaves these concepts throughout the book. The student is presented with a cohesive, interrelated subject from which future, as yet unknown problems can be approached. The authors' goal is to provide a cohesive and enduring understanding of the basic tools and fundamental principles upon which finance is based.

From the Back Cover

Key Benefit: This book provides an introduction to financial decision making that is rooted both in current financial theory and in the current state of world economic conditions. Key Topics: Finance is not presented as a fill-in-the-equation and grind-out-the-numbers discipline, but one in which the output from various tools and techniques are used as input to decisions guided by an understanding of the underlying principles. The authors' objective is to provide readers with this thorough, theory-based and relevant understanding of financial decision making.

Edition details

• Publisher: Pearson College Div
• Language: English
• ISBN 10: 013080357X
• ISBN 13: 9780130803573
• Binding: Hardcover
• Editor: Keown Arthur J.