Corporate Finance and Financial Strategy

?The relationship between finance and strategy is important and?this text makes it a central theme?and should make the subject much more relevant.?  Graham Diggle, Oxford Brookes University

?This text is well written, clear and easy to follow? and innovative in that it provides a link between corporate finance and financial strategy.?  Shishir Malde, Nottingham Trent University

What are the core principles of corporate finance and their links with financial strategy?

What are the tools and techniques of financial decision-making necessary to solve real-life business problems?

How in practice are financial strategies implemented that are appropriate to businesses at each stage of their life cycle?

Corporate Finance and Financial Strategy answers these and many more questions. This textbook introduces contemporary financial issues and topics of growing importance such as Islamic finance, corporate governance, and behavioural finance, and discusses reasons for and implications of the current global financial crisis. Along with its accompanying resources, this text is a must for corporate finance and financial strategy undergraduates and postgraduates, MBAs, and those undertaking professional examination courses.

Part I: Corporate Finance
Introduction to Part I and Part II
Chapter 1 The financial environment
Chapter 2 Corporate objectives
Chapter 3 Corporate governance
Chapter 4 Risk, return, and portfolio theory
Chapter 5 Capital structure and the cost of capital
Chapter 6 Capital investment decisions
Chapter 7 Sources of finance and the capital markets
Chapter 8 Financial planning
Case Study I
Chapter 9 Management of working capital
Chapter 10 International operations and investment
Chapter 11 Financial risk management
Case Study II

Part II: Financial Strategy
Introduction to Part II
Chapter 12 The business life cycle and financial strategy
Chapter 13 Financial strategies from start-up to growth
Case Study III
Case Study IV
Chapter 14 Financial strategies from growth to maturity to decline
Case Study V
Chapter 15 Mergers and acquisitions (M&As)
Chapter 16 Financial strategies in M&As
Chapter 17 Reorganisations and restructuring
Case Study VI

Appendices
Appendix 1 Present value tables

Web-Exclusive Content:

Web-exclusive chapter on financial analysis

Solutions to selected chapter-end exercises