Foundations of Financial Management (Paperback)

Foundation of Financial Management brings the real-world into the classroom through features such as chapter opening vignettes, Finance in Action (boxed readings), and News Makers Boxes. The easy to read style of this book allows students to focus on the important topics in corporate finance, such as the impact of technology and the ramifications of recent financial headlines.

Salient Features
* Changes in capital markets. Chapter 1 looks at the major stock exchanges going public and the mergers that are taking place between the exchanges.
* The impact of technology. Examples of how Hewlett-Packard, Wal-Mart, General Motors and other firms use advanced technology (including the Internet) to manage working capital. Also reflect the effect of Electronic Communication Networks (ECNs) and advanced technology on the way the financial markets operate in the U.S.
* The ramifications of recent financial headlines. The collapse of the sub prime lending market is covered in chapter 8, which discusses the reasons and consequences of the downfall. Chapter 15 considers potential regulatory changes in investment banking necessitated by the demise of Bears Sterns

Table of Contents
Part I Introduction
1 The Goals and Functions of Financial Management

Part II Financial Analysis and Planning
2 Review of Accounting
3 Financial Analysis
4 Financial Forecasting
5 Operating and Financial Leverage

Part III Working Capital Management
6 Working Capital and the Financing Decision
7 Current Asset Management
8 Sources of Short-Term Financing

Part IV The Capital Budgeting Process
9 The Time Value of Money
10 Valuation and Rates of Return
11 Cost of Capital
12 The Capital Budgeting Decision
13 Risk and Capital Budgeting

Part V Long-Term Financing
14 Capital Markets
15 Investment Banking: Public and Private Placement
16 Long-Term Debt and Lease Financing
17 Common and Preferred Stock Financing
18 Dividend Policy and Retained Earnings
19 Convertibles, Warrants, and Derivatives

Part VI Expanding the Perspective of Corporate Finance
21 External Growth through Mergers
21 International Financial Management

* Appendixes
* Glossary