Corporate Finance: Text and Cases

This book examines financial decision-making by firms and discusses how these decisions can create value for the shareholders.

Woven around the theme of value-based management, Corporate Finance: Text and Cases offers a rigorous understanding of the role of finance in supporting other functional areas of a business, how and why firms arrive at particular financial decisions and the impact of these decisions on the shareholders. The book also helps to build a strong theoretical background and practical knowledge of doing business in emerging markets. Using cases developed on emerging market scenarios, it emphasizes the fact that financial strategy should be aligned with overall business strategy. It closely scrutinizes topics such as the execution of capital investment decisions, financial strategy, management of working capital, estimation of divisional cost capital and management of growth. This revised edition, designed as a core textbook, will be a suitable companion for students of business management and other professional courses. It will also be useful for those seeking a career in corporate finance, investment banking, general management, strategy consulting, securities analysis, turnaround management, commercial banking and investment management.

Key Features:

• All topics summarized with real-life examples and anecdotes

• Twelve full-length teaching cases based on emerging market scenarios to accentuate practical understanding

• Robust companion website bearing detailed teaching notes, questions for classroom discussion, additional references and much more