Financial Management: Theory and Practice (10th Edition)

Author: Brigham
Publisher:
Publication Date: 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 is well-structured and aims to spark students' interest in learning by highlighting the interesting and relevant aspects of financial management. As the title suggests, the book covers 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 to help people make better financial decisions in practice. The book is rich in content and material, and it can also be used as a textbook for undergraduate students in the following situations: for particularly outstanding undergraduate students, or when the course is planned 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 reflects 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 begins with financial forecasting, providing a general overview of financial management, followed by the introduction of basic analytical tools such as risk and return, the time value of money, and their application 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 explores several specialized topics, including derivative securities and risk management, corporate bankruptcy, reorganization, and liquidation, mergers and spin-offs, as well as international financial management.