In recent years, risk management has been defined as merely eliminating or reducing risk exposure. Companies are learning today that is far to naroow and constaring a definition. Risk, exploited judiciously, is absolutely central to business success. In this book, author covers both sides of the risk equation, offering a complete framework for maximizing profit by 'limiting' some risk and 'expl…
Corporate Financial Strategy is a practical guide to understanding the elements of financial strategy, and how directors and advisors can add value by tailoring financial strategy to complement corporate strategy. The book sets out appropriate financial strategies over the key milestones in a company’s life. It discusses the practicalities behind transactions such as: * Raising venture ca…
Booknews High-level officers from such corporations as Colgate-Palmolive, ICF Kaiser, DRI/McGraw-Hill, and Levi Strauss contribute their viewpoints on the nature of the tasks, challenges, and thinking of a successful corporate financial officer. In 21 chapters, they take on such issues as ethical values, the business and economic environment, information technology, privately held companies, b…
The past twenty years have seen great theoretical and empirical advances in the field of corporate finance. Whereas once the subject addressed mainly the financing of corporations--equity, debt, and valuation--today it also embraces crucial issues of governance, liquidity, risk management, relationships between banks and corporations, and the macroeconomic impact of corporations. However, this …
In today's competitive business environment, corporate managers must find innovative ways to promote rapid and sustainable growth. As part of the CFA Institute Investment Series, Corporate Finance has been designed to help you develop the skills to achieve this goal. The distinguished team of Michelle R. Clayman, CFA, Martin S. Fridson, CFA, and George H. Troughton, CFA—together with a num…
Content: Part One. Introduction to Managerial Finance Part Two. Important Financial Concepts Part Three. Long-Term Investment Decision Part Four Long-Term Financial Decisions Part Five Short-Term Financial Decisions PArt Six Special Topics in Managerial Finance
corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well…
Corporations rely on their controllers and financial managers to provide a wide array of accounting functions, from processing accounts payable and receivable transactions to closing the books in a timely manner. Accomplishing these activities are the foundation of a successful career. However, in order to be truly notable and recognized as an innovative thinker in an organization, a controller…