Financial Management

Author: Fu Yuanlüe, Editor-in-Chief
Publisher:
Publish Date: 2003-10-01
Features: This book is meticulously compiled based on the development of the social economy and the teaching requirements of financial accounting majors in universities in the 21st century. It is currently one of the most comprehensive financial management textbooks in China. The book fully demonstrates the core connotations and research methods of financial management, reflects the new developments in financial management theory and practice, and provides classic cases. Through studying this book, students can not only systematically and deeply master financial management knowledge and decision-making techniques but also learn related knowledge such as investment, derivative financial instruments, and risk management. This book can serve as a textbook for undergraduate and junior college students majoring in accounting, auditing, and business management, as well as a reference book for practical professionals. The book consists of eight parts and twenty-four chapters, covering topics such as an overview of corporate financial management, value and risk, long-term investment decisions, capital structure and dividend policy, long-term financing decisions, financial analysis and long-term forecasting, working capital planning and management, and two financial special topics. This book focuses on how to transform the theory and models of financial management into effective tools for corporate financial management practice. This is a distinctive feature of the book, specifically reflected in the following five aspects:
1. By introducing the basic theories of financial management, readers gain an understanding of the overall picture and logical starting point of modern financial management.
2. It elaborates on the mainstream content of financial management—corporate value estimation and risk management.
3. From Chapters 11 to 13, it discusses capital structure theory and dividend policy, which hold significant positions in Western financial management, guiding financial professionals to appropriately apply debt leverage and reasonable dividend policies to create more wealth for the company.
4. It introduces the option pricing model and explains how options are applied in incentive systems and physical risk management, providing readers with an intuitive and in-depth understanding of option applications.
5. Through financial management special topics, it introduces the new achievements in financial management research. This book can serve as a textbook for undergraduate students majoring in financial management, accounting, and certified public accountant programs, as well as a reference book for self-study and training for financial, accounting, and business management personnel and other relevant individuals.