Company Financial Management (Volume 1 and 2)

Author: Douglas R. Emery (USA)
Publisher:
Publishing Date: Not available
Features: This book is an excellent material suitable for graduate students and MBA students in business schools. It is divided into seven parts and 29 chapters. Part I clearly and concisely analyzes the objectives of corporate finance and some basic concepts and principles. Part II introduces the principles and methods for evaluating asset value; it thoroughly discusses the time value of money and how to use this principle to calculate the value of stocks and bonds. It introduces the concepts of investment risk and return, as well as relevant calculation models, in a progressive manner. It also introduces more theoretical topics such as options and agency costs. Part III focuses on the calculation and determination of capital costs and investment decisions. Part IV elaborates on the capital structure and dividend policy of the company; it introduces the Efficient Market Hypothesis and analyzes the importance of capital structure for the company, as well as how to manage it. It also explains the significance of the company's dividend distribution policy and how to properly implement it. Part V analyzes the management of corporate assets, covering topics such as cash and liquidity management, accounts receivable management, inventory management, and pension fund management. It also discusses how to properly formulate the company's financial plan. Part VI is dedicated to the long-term financing of the company, with chapters organized in the order of stock issuance, long-term debt, leasing, and derivative financial instruments. Part VII focuses on specific issues of corporate financing, including corporate bankruptcy, reorganization and liquidation; corporate mergers and acquisitions; and financial management of multinational corporations. This book is co-authored by Professor Douglas R. Emery and Professor John D. Finnerty, both renowned scholars in the field of finance in the United States. Professor Emery has long been engaged in the research and teaching of financial theory, with a solid theoretical foundation. Professor Finnerty has 20 years of experience in financial practice, accumulating extensive practical expertise. The collaboration of the two professors gives this book the prominent and attractive features: (1) close integration of theory and practice. (2) Emphasis on fundamental principles, with the structure of the book arranged around how to help readers clearly and accurately grasp the basic principles, making it easy to read, understand, and remember. (3) Up-to-date content, incorporating the latest achievements in international financial theory and practice from the mid-1990s, allowing readers in China to directly feel the pulse of the financial industry in developed countries. This book is an excellent textbook for graduate students and MBA students in business schools. It is divided into seven parts and 29 chapters. Part I clearly and concisely analyzes the objectives of corporate finance and some basic concepts and principles. Part II introduces the principles and methods for evaluating asset value; it thoroughly discusses the time value of money and how to use this principle to calculate the value of stocks and bonds. It introduces the concepts of investment risk and return, as well as relevant calculation models, in a progressive manner. It also introduces more theoretical topics such as options and agency costs. Part III focuses on investment decisions. Part IV elaborates on the capital structure and dividend policy of the company, introducing the Efficient Market Hypothesis, analyzing the importance of capital structure for the company, as well as how to manage it. It also explains the significance of the company's dividend distribution policy and how to properly implement it. Part V analyzes the management of corporate assets, covering topics such as cash and liquidity management, accounts receivable management, inventory management, and pension fund management. It also discusses how to properly formulate the company's financial plan. Part VI is dedicated to the long-term financing of the company, with chapters organized in the order of stock issuance, long-term debt, leasing, and derivative financial instruments. Part VII focuses on specific issues of corporate financing, including corporate bankruptcy, reorganization and liquidation, corporate mergers and acquisitions, and financial management of multinational corporations. This book is co-authored by Professor Douglas R. Emery and Professor John D. Finnerty, both renowned scholars in the field of finance in the United States. Professor Emery has long been engaged in the research and teaching of financial theory, with a solid theoretical foundation. Professor Finnerty has 20 years of experience in financial practice, accumulating extensive practical expertise. The collaboration of the two professors gives this book the prominent and attractive features: (1) close integration of theory and practice. (2) Emphasis on fundamental principles, with the structure of the book arranged around how to help readers clearly and accurately grasp the basic principles, making it easy to read, understand, and remember. (3) Up-to-date content, incorporating the latest achievements in international financial theory and practice from the mid-1990s, allowing readers in China to directly feel the pulse of the financial industry in developed countries.