000 06884nam a22003377a 4500
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020 _a9789814281751 [newsprint]
040 _aUniversity of Cebu-Banilad
_cUniversity of Cebu-Banilad
100 _aMcGuigan, James R.,
_eauthor.
245 _aContemporary financial management /
_cJames R. McGuigan, William J. Kretlow, and R. Charles Moyer.
250 _aPhilippine edition.
260 _aSingapore :
_bCengage Learning,
_cc2009.
300 _a802 pages :
_billustrations (black and white) ;
_c23 cm.
336 _2rdacontent
_atext
337 _2rdamedia
_aunmediated
338 _2rdacarrier
_avolume
504 _aIncludes index.
505 _aPART 1: INTRODUCTION -- Chapter 1: The Role and Objective of Financial Management -- Chapter 2: The Domestic and International Financial Marketplace -- Appendix 2A: Taxes-- Chapter 3: Evaluation of Financial Performance -- Chapter 4: Financial Planning and Forecasting -- PART 2: DETERMINANTS OF VALUATION -- Chapter 5: The Time Value of Money -- Appendix 5A: Continuous Compounding and Discounting -- Chapter 6: Analysis of Risk and Return -- Chapter 7: Fixed-Income Securities Characteristics and Valuation -- Chapter 8: Common Stock Characteristics, Valuation, and Issuance -- PART 3: THE CAPITAL INVESTMENT DECISION -- Chapter 9: Capital Budgeting and Cash Flow Analysis -- Appendix 9A Depreciation -- Chapter 10: Capital Budgeting: Decision Criteria and Real Option Considerations -- Appendix 10A: Mutually Exclusive Investments Having Unequal Lives -- Chapter 11: Capital Budgeting and Risk -- PART 4: THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY -- Chapter 12: The Cost of Capital -- Chapter 13: Capital Structure Concepts Chapter 14: Capital Structure Management in Practice -- Appendix 14A: Breakeven Analysis -- Chapter 15: Dividend Policy -- PART 5: WORKING CAPITAL MANAGEMENT -- Chapter 16: Working Capital Policy and Short-Term Financing -- Chapter 17: The Management of Cash and Marketable Securities -- Chapter 18: The Management of Accounts Receivable and Inventories -- PART 6: ADDITIONAL TOPICS IN CONTEMPORARY CORPORATE FINANCE -- Lease and Intermediate-Term Financing -- Chapter 19: Chapter 20: Financing with Derivatives -- Appendix 20A: The Black-Scholes Option Pricing Model -- Appendix 20B: Bond Refunding Analysis -- Chapter 21: Risk Management -- Chapter 22: International Financial Management -- Chapter 23: Corporate Restructuring.
520 _a"The financial management field continues to experience exciting change and growth. Financial practitioners are increasingly employing new financial management techniques and sophisticated computer resources to aid in their decision making. "Financial engineers" have created new derivative financial instruments and transactions, such as options, financial futures contracts, options on futures contracts, foreign currency swaps, and interest rate swaps, to help managers manage risk and increase shareholder wealth. Many domestic indus tries have been restructured because of the pressures of foreign competition. Leveraged buyout transactions also have forced managers to make more careful use of their firms' resources. The growing private equity market has added another dimension to the focus on sound management of a firm's resources. Corporate reformers have focused attention on the structure of corporate governance relationships and the impact of alternative managerial compensation packages on firm performance. Bankruptcy filings increased dramati cally at the end of the 1980s and remained at high levels through 2007. The Internet is transforming the way securities are bought and sold and the way companies access new capital. At the same time, financial researchers have made important advances in the areas of valuation, cost of capital, capital structure theory and practice. option valuation (including "real" options associated with capital investments), risk management, and dividend policy. Access to and content of the Internet have greatly expanded, making timely financial infor mation increasingly available to customers, investors, and financial managers. The future promises to be an even more exciting time for finance professionals. Financial managers have refocused their attention on the basic objective of maximizing shareholder wealth. Managers who act contrary to the interests of shareholders face the prospect of an unfriendly takeover, a corporate restructuring, pressure from domestic and foreign competitors, pressure from private equity investors, or pressures from shareholder groups and institutional investors. Firms increasingly must find operating savings necessary to remain competitive, as managers continue to struggle to find the optimal capital structure for their firm. The central importance of cash flows in the financial management of a firm has never been more apparent. The European economic and monetary unification, the capitalization of Russia and its former states, the rise of capitalism in China, and the utilization of human and business resources in India all require contemporary financial managers to possess greater knowledge of doing business in an international marketplace. In addition, the standards of ethical behavior adopted by managers of business enterprises become even more important Finally, the impact of the Internet on all areas of business practice will continue to revolutionize the financial arena as the result of the lifting of barriers to timely information access and the increase of competitive pressures on business managees. Contemporary Financial Management incorporates these changes-the increased focus on shareholder wealth maximization and cash flow management, an emphasis on the international aspects of financial management, a concern for the ethical behavior of managers, the role of private equity investors, and the new information available on the Internet-into a text designed primarily for an introductory course in financial management. The book is also suitable for management development programs and as a reference aid to practicing finance professionals. We recognize that students enter this course with a wide variety of backgrounds in mathematics, economics, accounting, and statistics. The only presumption we make regarding prior preparation is that all students will have had one course in financial accounting." --Preface
521 _aAdult
541 _aDonation
_xBiore, Christopher
_yCollege of Business and Accountancy
_zBusiness / Management
546 _aText in English
650 _aManagement.
700 _aKretlow, James R.,
_eauthor.
700 _aMoyer, R. Charles,
_eauthor.
942 _2ddc
_cBK
998 _cJanna [new]
_d12/26/2025
999 _c14752
_d14752