Financial Strategy: Adding Stakeholder Value

Significantly revised and updated, this second edition ofFinancial Strategy is vital reading not only for MBAand advanced undergraduate students of Financial Strategy andFinancial Management, but also for finance professionals.

The majority of articles and case studies in this 2^ndedition of Financial Strategy are new and reflect therecent developments in financial strategy, which have added valueto organisations and improved their performance.

Combining both finance and accounting articles and covering thepublic and private sectors, Financial Strategy addresses issuesrelevant to UK and US listed companies as well as an internationalaudience.

Key themes addressed are:

•  Trends in finance theory
• Adding value through investment, financing and riskmanagement
• Measuring performance
• Corporate governance

Financial Strategy 2^nd Edition is aCourse Reader for The Open University Business School MBA Course:B821 Financial Strategy.

Janette Rutterford is Professor of Financial Management atthe Open University Business School.

Martin Upton is a Lecturer in Finance at the OpenUniversity Business School and was formerly Treasurer of theNationwide Building Society.

Devendra Kodwani is a Lecturer in Finance at the OpenUniversity Business School.