Financing and Risk Management belies the notion that corporate finance texts must be dull. This handbook for practicing professional combines in-depth finance information and methodology with dynamic and often humorous writing as it focuses on the many issues professionals face as they take on questions of financing. Its step-by-step treatment encompasses:

Financial and securities markets--Types of securities: when and how they are issued and how they are priced by investors
Dividend policy and capital structure--How to determine the appropriate mix of securities issued, debt level, and more
Options--Strategies for using options, warrants, and convertibles plus different models--including Black-Scholes--for their valuation
Debt financing--Techniques for managing a company’s debt and explanations of the many types of debt that can be issued
Risk management--Methods for hedging against today’s wide array of business hazards, both domestic and international
Financial planning--Ways to measure and manage a firm’s leverage, liquidity, efficiency, profitability, and market valuation
Short-term financing--Channels for short-term borrowing and lending plus descriptions of programs for credit and cash management
Financing and Risk Management also differs from the majority of finance tomes by consistently reflecting on the human side of the equation. What must you do to strike a balance between appeasing investors with dividends and retaining earnings for expansion, and what if the needs of your firm change? How can you generate global profits while assessing and hedging your firm’s foreign currency exposure? What are the questions you should ask when determining which of two (or more) available vehicles your firm should adopt for efficient financing?

Corporate financial management is at its core a fluid and constantly challenging area. Financing and Risk Management takes you inside the fundamental question of how a corporation generates capital. It introduces you to the subject’s often-conflicting objectives and outlines ways in which you can satisfy the greatest number of those objectives, while ensuring that all areas of a corporation operate--and conflicts are resolved--under one consistent set of financial rules.