Financial Management Theory and Practice (10th Edition)

Author: (USA) Brigham (Brigham, E.F.), (USA) Ehrhardt (Ehrhardt, M.C.) wrote, translated by Di Ripei, Hu Jingying, Hou Yu
Publisher:
Publishing Time: 2005-07-01
Features: This is a classic financial management textbook that has been a bestseller for many years and has been revised multiple times. The book has a clear structure and stimulates students' interest in learning by demonstrating the interesting and relevant aspects of financial management. As the title suggests, the book includes both financial management theory and practical applications. It can serve as a specialized textbook for MBA financial management, or as a comprehensive and well-organized reference book that helps people make better financial decisions in practice. The book is rich in content and material, and can also be used as a textbook for undergraduate students in the following cases: for particularly outstanding undergraduate students, or for a course intended to be taught over two semesters. This book is widely used as a mainstream textbook in business schools across universities in the United States. The publication of the 10th edition appropriately illustrates its popularity and authority. It can serve as a specialized textbook for MBA financial management, or as a comprehensive and well-organized reference book. In terms of chapter arrangement, the book starts with financial forecasting, providing an overall outline of financial management, and then introduces basic analytical tools such as risk and return, the time value of money, and applies them to the valuation of bonds and stocks. The core part elaborates in detail on the principles and applications of capital cost estimation, strategic investment decisions, strategic financing decisions, and operational capital management. Finally, it also discusses several special topics, including derivative securities and risk management, corporate bankruptcy, reorganization and liquidation, mergers and splits, as well as international financial management.