Advanced Financial Management

Author: Yang Xiongsheng
Publisher:
Publish Date: 2004-01-01
Features: This book explains the first two modules of the advanced financial management textbook. As the fundamental theories of advanced financial management, this book summarizes them into five major aspects: corporate governance theory, value management theory, value transfer theory, cash flow theory, and risk management theory. Regarding the basic tools, methods, and techniques of advanced financial management, this book selects five aspects: "6δ management, benchmarking, and constraint theory," "strategic management," "budget management," "value assessment," and "performance evaluation." It is hoped that this summary meets the practical needs of advanced financial management and appropriately distinguishes itself from intermediate financial management methods.
The content of advanced financial management, this book introduces ten topics, covering financial strategic planning, corporate mergers and reorganizations, corporate financing structure and financial incentives, financial early warning management, corporate market exit and refinance, financial process reengineering, tax planning, financial risk control, financial strategies for value growth and technological innovation, and corporate downsizing. This book believes that these knowledge areas should be of concern and can be skillfully applied by today's and tomorrow's CEOs and CFOs.
The purpose of writing this advanced financial management textbook is to meet the diverse teaching needs of undergraduate and graduate students in financial management, MBA, and MPACC programs, as well as to facilitate the understanding and learning of basic knowledge in advanced financial management for fellow accountants and corporate leaders.