Corporate Finance
G. ELs, E. du Toit, P. Erasmus, L. Kotzč, S. Ngwenya, K. Thomas, S. Viviers
Description
Corporate finance: A South African perspective is a brand-new textbook on financial management. It incorporates the subjects of financial institutions and financial markets and how they operate within the financial system and global economy; financial planning; asset management; capital acquisition; and the important role played by ethics within finance.
Key features
- Opening and closing case studies of international as well as South African companies to help students analyse financial theory in context.
- Worked examples and end-of-chapter questions to provide essential practice in financial calculations.
- Solutions section at the end of the book to facilitate self-study.
- Ethics case studies, which create awareness of ethical dilemmas students may encounter in practice.
- Finance in action boxes, which provide practical advice from financial managers,
exposing students to real financial decision-making.
- Revision quizzes, which test key concepts.
- Eamples of financial statements build on students understanding of accounting and develop financial literacy.
- A glossary of key concepts in English and in Afrikaans at the end of each chapter.
Contents
1.
Introduction to corporate financial management
Part 1: Measurement
2.
Financial statements
3.
Ratio analysis
Part 2: Investment
decisions
4.
The time value of money
5.
Investment appraisal methods
6.
Estimating relevant cash flows
7.
Appraising investment risk
8.
Bond valuation and interest rates
9.
Share valuation
Part 3: Financing decisions
10.
Risk and return
11.
Cost of capital
12.
Capital structure
Part 4: Dividends
13.
Dividend policy
Part 5: Working-capital management
14.
Working-capital
management
Solutions
Index
Go to the online catalogue