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Fundamentals of Corporate Finance (Paperback, 2nd Edition)
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Fundamentals of Corporate Finance (Paperback, 2nd Edition)
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Fundamentals of Corporate Finance 2e reflects the reality that
Finance as an intellectual discipline continues to be challenged by
the experiences and events of market activity. Following the global
financial crisis (GFC), mangers have embarked on even more
uncertain times. Thus, although the teaching of finance may have
remained robust as a framework of conceptual thought, it is
imperative that students come to realise that finance is not
physics, by which we mean that even a concept as foundational to
financial management as the capital asset pricing model (CAPM)
should not be interpreted as a literal truth. This leads to a
consideration of managing risk and risk management approaches as
having behavioural aspects that are the outcomes of a manager's or
the firm's accumulated experience. They cannot always be reduced to
the simple directives of a quantitative algorithm. The text helps
students develop the intuition and analytical skills necessary to
effectively apply financial tools in real-world decision-making
situations. The text provides a fully integrated framework for
understanding how value creation relates to all aspects of
corporate finance: whether it be evaluating an investment
opportunity, determining the appropriate financing for a business,
or managing working capital. This unique and integrated framework
also enables students to develop problem solving and
decision-making skills. The 2nd edition has undergone a thorough
revision to the end of chapter materials, and the internal design
of the book has been revamped to make it more visually appealing.
As a result the text is far easier to navigate for students and is
significantly more engaging in its presentation. The ground
breaking Wiley E-Text version of Fundamentals of Corporate Finance
2e features narrated concept summaries, animated demo problems,
stepped tutorials and interactive end of chapter materials to allow
students to attempt the problems in the text and receive immediate
feedback. Students can also do key word searches within the E-Text,
highlight content of interest and make notes. Wiley The E-Text can
be used on all popular platforms and devices including OC, Mac,
iPad, Android and Kindle Fire.
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