Financial Strategy: Adding Stakeholder Value

Recent developments in financial strategy have concentrated on adding value to organisations. Financial Strategy gives an overview of how these developments can be used to improve performance in private and public sector organisations around the world. The key themes addressed are:
* Trends in finance theory
* Adding value through investment
* Adding value through financing
* Adding value through risk management
* Measuring performance
* Corporate governance
Innovations such as financial restructuring, the role of real options, financial engineering and economic value added are included, as is discussion of the changed relationship between accounting and finance within the organisation. Financial Strategy features:
* articles which pinpoint future trends in both finance and accounting
* a practical rather than overly theoretical approach
* case studies and examples with a global emphasis
Financial Strategy: Adding Stakeholder Value is a Course Reader for the Open University Business School MBA Course: B821 Financial Strategy.

Janette Rutterford is Abbey National Professor of Financial Management at The Open University Business School