ABSTRACT

Finance is a notoriously difficult core subject for business undergraduates, which many find difficult to understand. The area has been dominated by large and complex introductory texts - often from the US - which many lecturers find too detailed and unwieldy.
This carefully developed and researched text will fill this gap by providing a succinct, modular, UK-focused introduction to the subject of financial management. Quality controlled by an academic review panel, the content and approach has been rigorously developed to answer the needs of non-finance students.
The user-friendly features and design will be of great appeal to the many undergraduates who find finance a difficult subject. Examples, models, formulas, and exercises are lucidly and clearly presented, supported by strong pedagogical features - learning objectives, worked examples, key learning points, further reading, practical assignments, references, case studies and teacher's guide.
This ensures that Financial Management will prove the most accessible text for business and finance students.

part |2 pages

Part One THE SCOPE AND ENVIRONMENT OF FINANCIAL MANAGEMENT

chapter |4 pages

Overview

chapter 1|32 pages

Introduction

chapter 2|32 pages

Key Issues in Modern Financial Management

chapter 3|38 pages

The Financial Environment

chapter 4|44 pages

Capital Markets

part |2 pages

Part Two THE CORE CONCEPTS IN FINANCIAL MANAGEMENT

chapter 5|29 pages

The Time Value of Money

chapter 6|27 pages

Risk and Return — Portfolio theory

chapter 8|54 pages

The Central Concept of Value

part |2 pages

Part Three FINANCIAL ANALYSIS AND PERFORMANCE EVALUATION

part |2 pages

Part Four STRATEGIC FINANCIAL DECISION-MAKING: The Investment Decision

chapter 10|49 pages

Investment Appraisal — Introduction

chapter 11|24 pages

Investment Appraisal — Risk analysis

chapter 12|27 pages

The Cost of Capital

part |2 pages

Part Five STRATEGIC FINANCIAL DECISION-MAKING: The Financing Decision

chapter 13|31 pages

Capital Structure and Gearing

chapter 14|33 pages

Dividend Policy

part |2 pages

Part Six FINANCIAL PLANNING AND CONTROL

chapter 15|22 pages

Strategic Financial Planning and Control

part |2 pages

Part Seven SHORT-TERM FINANCIAL MANAGEMENT

chapter 16|36 pages

Short-Term Financial Planning and Control

chapter 17|37 pages

Short-Term Financial Decision-making (1)

chapter 18|35 pages

Short-Term Financial Decision-making (2)

chapter 19|44 pages

Sources of Short- and Medium-Term Financing

chapter |17 pages

A Financial Tables

chapter |25 pages

B Solutions to Exercise Questions

chapter |6 pages

Glossary of Key Financial Terms

chapter |3 pages

Selected Equations and Formulae