Trust the book that has already helped hundreds of thousands of students like you understand the importance of managerial finance theory and the practical impact these principles have on business today. This leading ESSENTIALS OF MANAGERIAL FINANCE, 14e offers a well-written, understandable, complete introduction that equips you with the basic financial management tools you need for business success. This edition's 18 chapters cover all the topics you need, including accounting statements, security markets, interest rates, taxes, risk analysis, time value of money, and the basics of security valuation. As practical as it is thorough, this edition's clear, concise, proven presentation style blends theory with a practical application of what you've learned. Actual industry examples show how financial principles operate within businesses throughout the world. This edition highlights topics of growing importance in business today, such as multinational finance and resolving ethical dilemma
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Scott Besley is associate professor and department chair at the University of South Florida, where he has taught since 1982. Dr. Besley received his Ph.D. from the Florida State University in 1984, with a major in finance and a minor in accounting. Dr. Besley served as president of the Southern Finance Association (2002), where he also served as the VP of Program (2001) and VP of Arrangements (1995). He is active in the Financial Management Association (Budget Committee and Program Committee Member, since 1985) and the Eastern Finance Association (Committee Member). Dr. Besley is also active in several local organizations, serving on the boards of the USF Federal Credit Union (treasurer), Academy of Finance of Hillsborough County Schools (chair), and the CFA Tampa Bay (education liaison) and as a member of the Investment Oversight Committee for the Pinellas County School Board.
Dr. Eugene F. Brigham is Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his M.B.A. and Ph.D. from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to joining the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin, and the University of California-Los Angeles. Dr. Brigham has served as president of the Financial Management Association and has written more than the 40 journal articles on the cost of capital, capital structure, and other aspects of financial management. The ten textbooks on managerial finance and managerial economics that he authored or co-authored are used at more than 1,000 universities in the United States, and have been translated into 11 languages worldwide. He has testified as an expert witness in numerous electric, gas, and telephone rate cases at both federal and state levels. He has served as a consultant to many corporations and government agencies, including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy, and the RAND Corporation. Dr. Brigham continues to teach, consult, and complete research in addition to his text writing. He spends his spare time on the golf course, enjoying time with his family and dogs, and tackling outdoor adventure activities, such as biking through Alaska.
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