Some of the financial issues covered are:<\/p>\n
\u25a0 Value-based management is increasingly spoken of, but little understood.\u00a0This book provides a thorough grounding.<\/p>\n
\u25a0 Mergers and the problem of merger failure (i.e. acquiring shareholders\u00a0losing out) is discussed along with remedies.<\/p>\n
\u25a0 The proper use of derivatives as tools helping the business control risk, rather\u00a0than increasing it, is explained in easy-to-follow and practically-oriented fashion.<\/p>\n
\u25a0 Modern investment appraisal techniques are contrasted with the traditional\u00a0rules of thumb employed by many companies.<\/p>\n
\u25a0 There is an overview of modern financial markets and instruments with\u00a0insight into the benefits brought by effective exploitation of the markets and\u00a0perils of ignoring the demands of the finance providers.<\/p>\n
Managers climbing the corporate ladder find the further they go the more they\u00a0need to understand the concepts and jargon of finance, both for internal decision\u00a0making and external interaction with investors, bankers and the City.\u00a0It is normally the case that managers have not received any formal training in\u00a0finance. Furthermore, they are not in a position to take time out from the business\u00a0to dedicate themselves to study.\u00a0So what they need is a guide that will\u00a0allow\u00a0them to absorb and apply the essential tools of finance while they continue\u00a0with their executive\u00a0responsibilities. This book is that guide.<\/p>\n","protected":false},"excerpt":{"rendered":"
To bring the book alive for readers, and to show the mutual reinforcement of\u00a0practical management and finance theory, there are numerous examples of\u00a0major UK companies employing the concepts and techniques discussed in each\u00a0chapter. Much of the \u2018real-world\u2019 material is drawn from articles in the\u00a0Financial Times. A typical case is shown in Exhibit I.1 which is used here to\u00a0highlight the scope of the subject of corporate finance.<\/p>\n","protected":false},"featured_media":9221,"template":"","meta":{"inline_featured_image":false},"product_brand":[],"product_cat":[10379],"product_tag":[10354],"class_list":["post-9220","product","type-product","status-publish","has-post-thumbnail","product_cat-altax-library-en","product_tag-corporate-finance","first","instock","sale","downloadable","virtual","purchasable","product-type-simple"],"yoast_head":"\n