Financial Management: Theory and Practice celebrates 27th year of its publication. Over these two and a half decades, Indian business and finance have considerably changed owing to deregulation, liberalisation, privatisation, globalisation, and the ascendance of the services sector. The book has kept pace with these changes and captures the central themes and concerns of corporate financial management—making it both contemporary and comprehensive.
New in this edition:
A new chapter titled Global Financial Crisis
12 new sections on various topics
12 new minicases
The accompanying CD contains:
Additional solved problems
Additional self-test problems
Excel spreadsheets
Over 20 supplementary notes on advanced topics
About The Author:
Dr Prasanna Chandra, MBA and PhD in Finance, is Director of Centre for Financial Management (CFM), Bangalore.
Table of Contents
- PART I: Introduction
- 1. Financial Management: An Overview
- 2. The Financial System
- PART II: Financial Analysis and Planning
- 3. Financial Statements, Taxes, and Cash Flow
- 4. Analysis of Financial Statements 5. Financial Planning and Forecasting
- PART III: Fundamental Valuation Concepts
- 6. The Time Value of Money
- 7. Valuation of Bonds and Stocks
- 8,. Risk and Return
- 9. Risk and Return: Portfolio Theory and Asset Pricing Models
- 10. Options and Their Valuation
- PART IV: Capital Budgeting
- 11. Techniques of Capital Budgeting
- 12. Estimation of Project Cash Flows
- 13. Risk Analysis in Capital Budgeting
- 14. The Cost of Capital
- 15. Capital Budgeting: Extensions
- PART V: Long Term Financing
- 16. Market Efficiency and Financing Decisions
- 17. Sources of Long Term Finance
- 18. Raising Long Term Finance
- PART VI: Capital Structure and Dividend Decisions
- 19. Capital Structure and Firm Value
- 20. Capital Structure Decision
- 21. Dividend Policy and Firm Value
- 22. Dividend Decision
- PART VII: Working Capital Management
- 23. Working Capital Policy
- 24. Cash and Liquidity Management
- 25. Credit Management
- 26. Inventory Management
- 27. Working Capital Financing
- 28. Working Capital Management: Extensions
- PART VIII: Debt and Hybrid Financing
- 29. Debt Analysis and Management
- 30. Leasing, Hire-Purchase, and Project Finance
- 31. Hybrid Financing
- PART IX: Corporate Valuation, Restructuring and 753Value Creation
- 32. Corporate Valuation
- 33. Value Based Management
- 34. Mergers, Acquisitions, and Restructuring
- 35. Corporate Governance and Executive Compensation
- 26. Performance Measurement and Balanced Scorecard
- PART X: Special Topics
- 37. International Financial Management
- 38. Financial Management in Sick Units
- 39. Financial Management in Companies with Special Characteristics
- 40. Corporate Risk Management
- 41. Global Financial Crisis
- 42. The State of Our Knowledge
