Principles of Financial Management

Author: Xie Jianping
Publisher:
Publish Date: 2004-09-01
Features: The author continues his consistent localization writing concept, using easy-to-understand financial concepts, supported by numerous financial and monetary historical facts from Taiwan and abroad in recent years. The book is structured in a concise framework of five parts and fourteen chapters:
(1) Basic Principles of Financial Management: Introduction to Financial Management, Time Value of Money, Understanding Financial Statements;
(2) Risk and Valuation: Risk, Return, and Investment Portfolio, Security Valuation, Determination of Capital Costs;
(3) Investment and Financial Decisions: Capital Budgeting Techniques, Investment Project Analysis, Capital Structure, Dividend Policy;
(4) Financial Planning and Short-Term Financial Decisions: Financial Planning and Forecasting, Working Capital Management;
(5) Special Topics in Financial Management: Options: Concepts and Corporate Finance Applications, International Financial Management.
This book outlines the basic financial knowledge that beginners should possess, making it the best introductory book for entering the world of finance. After introducing each important financial concept, the book guides readers to "brainstorm," and provides "directions for reflection" at the end of each chapter to help readers self-assess whether they have truly mastered the material. Additionally, the "Practice Exercises" section offers readers broader thinking space and practice opportunities. The multiple-choice questions, short-answer questions, and calculation problems at the end of each chapter allow readers to evaluate their own understanding and enhance their performance in future exams and the workplace. This book is suitable for use by students in vocational schools, undergraduates, and MBA candidates.