Intermediate Financial Management

Gain an understanding of the financial challenges facing businesses today -- and the best solutions -- with the only book written specifically for intermediate or advanced corporate finance courses: INTERMEDIATE FINANCIAL MANAGEMENT, 14E. Written by leading finance authors Gene Brigham and Phillip Daves, this reader-friendly text blends in-depth discussions of core financial management issues with the most current coverage of topics reshaping finance today, including the unfolding impact of the global pandemic. This comprehensive approach balances theory with practical applications, using corporate valuation as a unifying theme to emphasize the theoretic groundwork for value maximization. Integrated, extensive Excel® tools and spreadsheet models work with recent examples, mini-cases and exercises to illustrate how financial theory in practice leads to stronger financial decisions. MindTap digital resources help you further master the concepts and skills to analyze business decisions.

For the last 20 years of his career, Dr. Eugene F. Brigham was a graduate research professor emeritus at the University of Florida, which he joined in 1971. He received his MBA 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. A former president of the Financial Management Association, he wrote many journal articles on the cost of capital, capital structure and other aspects of financial management. He authored or co-authored 10 textbooks on managerial finance and managerial economics that are used at more than 1,000 universities in the United States and have been translated into 11 languages worldwide. In addition to his academic writing, Dr. Brigham taught, consulted and completed research. He 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 Corp. He also testified as an expert witness in numerous electric, gas and telephone rate cases at both federal and state levels. Prior to his death in 2024, Dr. Brigham spent his spare time on the golf course, enjoying time with his family and dogs and tackling outdoor adventure activities such as biking through Alaska.

Dr. Phillip R. Daves is an associate professor of finance at the University of Tennessee in Knoxville. His research interests encompass health care finance, asset pricing, derivative securities and dividend policy. He has published papers in The Journal of Finance, The International Journal of Finance, Applied Financial Economics, Journal of Financial Practice and Education and The Journal of Financial and Strategic Decisions. Dr. Daves teaches at the undergraduate, MBA and Ph.D. levels, where his special interests in teaching include health care finance, investments, financial management and asset pricing. He consults for a range of large and small companies as well as the state of Tennessee. His consulting focuses on business valuation, compensation, value-based management and health care policy. Dr. Daves received his BA in economics from Davidson College, his MS in mathematics and his Ph.D. in finance from the University of North Carolina at Chapel Hill.