Company Finance

Author: Ouyang Lingnan
Publisher:
Publish Date: 2004-03-01
Features: This book can not only serve as a textbook or reference for undergraduate and graduate students in economics and business administration at universities and colleges but also be used by personnel from various types of companies and enterprises, including financial institutions. The book covers the content of financial management, the functions and objectives of financial management, and the external environment of financial management; financial statements and their analysis; the time value of money; the meaning and procedures of investment decisions; the standards for investment decisions; investment decisions under inflation; investment risk and risk diversification; investment risk control; the meaning, methods, principles, determination of financing amount, financing cost and its analysis, and financing environment and its analysis; equity financing; debt financing, bank loan financing, credit loan financing, bill and bond financing, stock option financing, convertible bond financing, financing leasing financing, retained earnings and dividend financing; an overview of capital cost; the impact of financing cost on investment efficiency, the impact of preferential loans on investment efficiency, the impact of extra dividends on investment efficiency, the impact of interest tax exemption on investment efficiency, and the impact of financing on the discount rate of investment returns; dividend distribution policy and factors affecting dividend distribution; an overview of capital structure and the determination of a reasonable capital structure; financial planning, cash planning, profit planning, planned financial statements, and financial control; current asset management, cash management, accounts receivable management, and inventory management; an overview of mergers and acquisitions, financial analysis of mergers and acquisitions, mergers and acquisitions and capital operations, as well as restructuring and liquidation; pension plan management and pension investment management.