Essentials of Financial Management

The fourth edition of Essentials of Financial Management continues to provide students with a focused understanding of today’s corporate finance and financial management. This market-leading text offers a unique balance of clear concepts, contemporary theory, and practical applications in order to help students understand the concepts and reasons behind corporate budgeting, financing, working capital decision making, forecasting, valuation, and the time value of money. It has been updated to include discussions of several major events such as the European debt crisis, the continued weakness in the economy, the dramatic run-up in the U.S. stock market between 2011 and 2014, and growing unrest around the world.

作者：Eugene F. Brigham
現職：University of Florida

作者：Joel F. Houston
現職：University of Florida

作者：Jun-ming Hsu
現職：National Chung Hsing University, Taiwan

作者：Yoon Kee Kong
現職：Nanyang Technological University, Singapore

作者：A.N. Bany-Ariffin
現職：Universiti Putra Malaysia, Malaysia

PART I: INTRODUCTION TO FINANCIAL MANAGEMENT
Ch 1 An Overview of Financial Management
Ch 2 Financial Markets and Institutions

PART II: FUNDAMENTAL CONCEPTS IN FINANCIAL MANAGEMENT AND FINANCIAL FORECASTING
Ch 3 Financial Statements, Cash Flow, and Taxes
Ch 4 Analysis of Financial Statements
Ch 5 Time Value of Money
Ch 6 Financial Planning and Forecasting

PART Ⅲ: FINANCIAL ASSETS
Ch 7 Interest Rates
Ch 8 Risk and Rates of Return
Ch 9 Bonds and Their Valuation
Ch10 Stocks and Their Valuation

PART IV: INVESTING IN LONG-TERM ASSETS: CAPITAL BUDGETING
Ch11 The Cost of Capital
Ch12 The Basics of Capital Budgeting
Ch13 Cash Flow Estimation and Risk Analysis
Ch14 Real Options and Other Topics in Capital Budgeting

PART V: CAPITAL STRUCTURE, DIVIDEND POLICY, AND WORKING CAPITAL MANAGEMENT
Ch15 Capital Structure and Leverage
Ch16 Distributions to Shareholders: Dividends and Share Repurchases
Ch17 Working Capital Management

PART VI: SPECIAL TOPICS IN FINANCIAL MANAGEMENT
Ch18 Derivatives and Risk Management
Ch19 Multinational Financial Management
Ch20 Hybrid Financing: Preferred Stock, Leasing, Warrants, and Convertibles
Ch21 Mergers and Acquisitions