Michelle R. Clayman, Martin S. Fridson, George H. Troughton. — 2nd ed. — by CFA Institute, 2012
As part of the CFA Institute Investment Series, the Second Edition of Corporate Finance: A Practical Approach has been designed for a wide range of individuals, from graduate-level students focused on finance to practicing investment professionals. This globally relevant guide outlines the essential tools and concepts of corporate finance that today's companies need to embrace to enable rapid and sustainable growth not just to survive, but to thrive.
In this latest edition, featuring an all-new Foreword by Matthew Scanlan, the distinguished team of Michelle R. Clayman, Martin S. Fridson, and George H. Troughton present a fully revised and updated look at this important discipline. Preserving the hallmark conciseness of the first edition while offering expanded coverage of key topics, the book integrates relevant, real-world examples—that are rigorous but make minimal use of mathematics—to provide the reader with a concrete understanding of critical business growth concepts. Each chapter presents learning objectives that highlight key material, helping the reader obtain the most effective business advice possible.
An invaluable resource for study and general reference, this book focuses on the knowledge, skills, and abilities necessary to succeed in today's global corporate world. Topics discussed include:
- Corporate governance
- Capital budgeting
- Cost of capital
- Measures of leverage
- Capital structure
- Dividends and share repurchases
- Working capital management
- Financial statement analysis
- Mergers and acquisitions
And to further enhance your understanding of the tools and techniques presented, Corporate Finance Workbook, Second Edition—an essential study guide that contains challenging problems and solutions related to the concepts developed here—is also available.
With the authors bringing their own unique experiences and perspectives to the study of corporate finance, the book distills everything you need to succeed in today's fast-paced financial environment into just one volume. Filled with in-depth insights and practical advice, Corporate Finance, Second Edition offers a comprehensive overview of the tools you need to master to succeed in finance today.