Financial Decision Theory and Practice

Author: Wei Dehong
Publisher:
Publish Date: 2005-07-01
Features: We have named this series of books "Financial Management Theory and Practice Series." It includes eight books: "Fundamentals of Financial Management Theory and Practice," "Financial Forecasting Theory and Practice," "Financial Decision-Making Theory and Practice," "Financial Budgeting Theory and Practice," "Financial Accounting Theory and Practice," "Financial Control Theory and Practice," "Financial Analysis Theory and Practice," and "Advanced Financial Management Theory and Practice." In terms of content, it covers all aspects of financial accounting, cost accounting, and management accounting, reflecting the concept of "big finance, small accounting" while aligning with several key management processes in financial management practice, making it highly suitable for practical financial management. The innovative concept of this series provides a valuable reference model for the design of core courses in financial management at universities and colleges. It can serve as a textbook for core financial management courses in higher education institutions. Additionally, its novel approach closely aligns with financial management practice, offering strong practical guidance, making it an essential reference book for professionals working in financial management.
This book primarily introduces the theoretical methods of financial decision-making and their practical applications. The main content is divided into three parts: Upper Part (Investment Decision-Making), Middle Part (Financing Management), and Lower Part (Short-Term Operational Decision-Making).
The Upper Part focuses on investment decision-making, including the time value of money, investment cash flow, investment decision analysis indicators and their applications, and investment risk analysis.
The Middle Part covers financing management, including financing channels and methods, cost of capital, financing decision analysis, and financing risk analysis.
The Lower Part includes short-term operational decision-making, such as procurement decisions, production decisions, sales decisions, cash and securities decisions, long-term asset replacement decisions, and profit distribution decisions.