Essentials of Financial Management(3版)

　　1.New Sets of “Quick Questions” to Mimic Classroom Activities: Guides students through a systematic process of solving problems in set-aside boxes within the text.

　　2.Expanded Real-World Examples: Presents more real-life examples to help students bridge the gap between concept and application, including a broader discussion of the role of hedge funds and private equity of major firms, a detailed breakdown of the cash conversion cycle components, and extensive updates to the topics of corporate bond ratings, yields, and dividend payouts.

　　3.More Emphasis on the Clarity of Key Topics: Clarifies the discussion of free cash flow, its effects on the value of common stocks, and the value of corporate projects. The connections between derivatives and the financial crisis are discussed and recent hybrids such as Warren Buffet’s investment in Goldman Sachs are highlighted.

　　4.Updated Excel Models: Help students learn how to use Excel to solve problems that require computational analysis with updated spreadsheet models that parallel the discussion of each topic.

作者簡介

Eugene F. Brigham

　　現職：University of Florida

Dr. Joel F. Houston

　　現職：University of Florida

Hsu Jun-ming

　　現職：National Chung Hsing University, Taiwan

Kong Yoon Kee

　　現職：Nanyang Technological University, Singapore

A.N. Bany-Ariffin

　　現職：Universiti Putra Malaysia, Malaysia

PART I: INTRODUCTION TO FINANCIAL MANAGEMENT
Ch 1 An Overview of Financial Management
Ch 2 Financial Markets and Institutions

PART II: FUNDAMENTAL CONCEPTS AND FORECASTING IN FINANCIAL MANAGEMENT
Ch 3 Analysis of Financial Statements
Ch 4 Financial Planning and Forecasting
Ch 5 Financial Statements, Cash Flow, and Taxes
Ch 6 Time Value of Money

PART II: FINANCIAL ASSETS
Ch 7 Interest Rates
Ch 8 Risk and Rates of Return
Ch 9 Bonds and Their Valuation
Ch10 Stocks and Their Valuation

PART IV: INVESTING IN LONG-TERM ASSETS: CAPITAL BUDGETING
Ch11 The Cost of Capital
Ch12 The Basics of Capital Budgeting
Ch13 Cash Flow Estimation and Risk Analysis
Ch14 Real Options and Other Topics in Capital Budgeting

PART V: CAPITAL STRUCTURE, DIVIDEND POLICY, AND WORKING CAPITAL MANAGEMENT
Ch15 Capital Structure and Leverage
Ch16 Distributions to Shareholders: Dividends and Share Repurchases
Ch17 Working Capital Management

PART VI: SPECIAL TOPICS IN FINANCIAL MANAGEMENT
Ch18 Derivatives and Risk Management
Ch19 Multinational Financial Management
Ch20 Hybrid Financing: Preferred Stock, Leasing, Warrants, and Convertibles
Ch21 Mergers and Acquisitions