Corporate finance and investment : decisions and strategies / [printed text] / Richard Pike, Author ; Bill Neale, Author  . -  5th Edition . - Harlow : Prentice Hall Financial Times, 2006 . - [xxiv], 759 p. : ill (b & w) ; 25 cm.
ISBN : 978-0-273-69561-5

Class number:	658.15
Abstract:	Understand the importance of the financial decision-amking process in business today with the new sixth edition of this popular and well-established text book. From classic cases of ownership versus control of a firm, to more recent events affecting the methods and financial instruments used by companies to raise finance, Corporte Finance and Investment develops, explains and above all applies key concepts and techniques in finance to a broad range of contemporary management and business policy concerns and challeneges. Corporate Financing and Investment is highly suitable for undergraduates taking a course in corporae finance as part of Accounting, Finance and Business Studies degrees, as well as those taking MBA and oher postgraduate-level courses in corporate finance. Recommended by CIMA and ACCA it is particularly suitable for those aiming for professional body qualiafications, eg., from CIMA, ACCA, or ICAS.
Contents note:	Part 1 A Framework For Financial Decisions 1. An overview of financial management; 2. The financial environment; 3. Present values and financial arithmetic Part 2 Investment Decisions and Strategies 4. Investment appraisal methods; 5. Project appraisal - applications; 6. Investment strategy and process Part 3 Investment Risk and Return 7. Analysing investment risk; 8. Identifying and valuing options; 9. Relationships between investments: portfolio theory; 10. Setting the risk premium: the Capital Asset Pricing Model; 11. The required rate of reurn on ivestment; 12. Enterprise value and equity value Part 4 Short-Term Financing and Policies 13. Tresury management and working capital policy; 14. Short-term asset management; 15. Short and medium-term finance Part 5 Strategic Financial Decisions 16. Long-term finance; 17. Returning value to shareholders: the dividend decision; 18. Capital structure and the required return; 19. Does capital structure really matter; 20. Acquisitions and restructuring Part 6 International Finance 21. Managing currency risk; 22. Foreign investment decisions; 23. Key issues in modern finance:a review' Appendices Appendix A. Solutions to self assesment activities; Appendix B. Solutions to selected questions; Appendix C. Present value interest factor; Appendix D. Present value interest factor for an annuity (PVIFA)