Contemporary Financial Management, 12th Edition

This successful text provides a comprehensive and contemporary introduction to financial management, focusing on shareholder wealth maximization and cash flow management, the international aspects of financial management, the ethical behavior of managers, and the increased impact of the Internet in business practice. Content has been added or enhanced to reflect the effects of the 2008-2009 recessions on corporations.

Table of Contents

Part 1 Introduction
Chapter 1 The Role And Objective Of Financial Management
Chapter 2 The Domestic And International Financial Marketplace
Chapter 3 Evaluation Of Financial Performance
Chapter 4 Financial Planning And Forecasting

Part 2 Determinants Of Valuation
Chapter 5 The Time Value Of Money
Chapter 6 Fixed-Income Securities: Characteristics And Valuation
Chapter 7 Common Stock: Characteristics, Valuation, And Issuance
Chapter 8 Analysis Of Risk And Return

Part 3 The Capital Investment Decision
Chapter 9 Capital Budgeting And Cash Flow Analysis
Chapter 10 Capital Budgeting: Decision Criteria And Real Option Considerations
Chapter 11 Capital Budgeting And Risk
Part 4 The Cost Of Capital, Capital Structure, And Dividend Policy
Chapter 12 The Cost Of Capital
Chapter 13 Capital Structure Concepts
Chapter 14 Capital Structure Management In Practice
Chapter 15 Dividend Policy

Part 5 Working Capital Management
Chapter 16 Working Capital Policy And Short-Term Financing
Chapter 17 The Management Of Cash And Marketable Securities
Chapter 18 The Management Of Accounts Receivable And Inventories

Part 6 Additional Topics In Contemporary Financial Management
Chapter 19 Lease And Intermediate-Term Financing
Chapter 20 Financing With Derivatives
Chapter 21 Risk Management
Chapter 22 International Financial Management
Chapter 23 Corporate Restructuring