Fundamentals of corporate finance / Robert Parrino [and six others]
- Bib ID:
- 10024689
- Format:
- Book
- Author:
- Parrino, Robert, 1957-, author
- Online Access:
- National edeposit: Onsite at National Library of Australia
- Related Online Resources:
- Thumbnail
- Edition:
- Third edition.
- Access Conditions:
- National edeposit: Available onsite at national, state and territory libraries
- Description:
-
- Milton Qld : John Wiley & Sons Australia, Ltd, 2019
- 1 online resource (xvii, 731 pages)
- File Characteristics:
- text file EPUB 321.1MB
- ISBN:
-
- 0730355160
- 0730355179
- 9780730355168
- 9780730355175
- Full contents:
-
- Intro; Fundamentals of corporate finance; Brief contents; Contents; Preface; Balance between conceptual understanding and computational skills; A focus on value creation; Organisation and coverage; Key features; Print text; Interactive eBook; About the authors; Part 1 Introduction; 1 The financial manager and the company; Chapter preview; 1.1 The role of the financial manager; Stakeholders; It's all about cash flows; Three fundamental decisions in financial management; 1.2 Forms of business organisation; Sole traders; Partnerships; Companies; 1.3 Managing the financial function.
- CRITICAL THINKING QUESTIONSQUESTIONS AND PROBLEMS; ENDNOTES; ACKNOWLEDGEMENTS; Part 2 Valuation of future cash flows and risk; 3 The time value of money; Chapter preview; 3.1 The time value of money; Consuming today or tomorrow?; Time lines as aids to problem solving; The financial calculator; 3.2 Future value and compounding; Single-period investment; Two-period investment; The future value equation; The future value factor; Applying the future value formula; Calculator tips for future value problems; 3.3 Present value and discounting; Single-period investment; Multiple-period investment.
- Exchanges and over-the-counter marketsMoney and capital markets; Public and private markets; Futures and options markets; 2.4 Financial institutions and indirect financing; Indirect market transactions; Financial institutions and their services; Companies and the financial system; 2.5 The determinants of interest rate levels; The real rate of interest; Loan contracts and inflation; The Fisher equation and inflation; Cyclical and long-term trends in interest rates; Planning ahead by financial managers; SUMMARY; KEY TERMS; SUMMARY OF KEY EQUATIONS; SELF-STUDY PROBLEMS.
- Organisation structurePositions reporting to the CFO; External auditors; The audit committee; 1.4 The goal of the company; What should management maximise?; Why not maximise profits?; Maximise the value of the companys shares; Can management decisions affect share prices?; 1.5 Agency conflicts: separation of ownership and control; Ownership and control; Agency relationships; Do managers really want to maximise share price?; Aligning the interests of management and shareholders; 1.6 The importance of ethics in business; Business ethics; Are business ethics different from everyday ethics?
- Types of ethical conflicts in businessThe importance of an ethical business culture; Serious consequences; SUMMARY; KEY TERMS; SELF-STUDY PROBLEMS; CRITICAL THINKING QUESTIONS; QUESTIONS AND PROBLEMS; ENDNOTES; ACKNOWLEDGEMENTS; 2 The financial environment and the level of interest rates; Chapter preview; 2.1 The financial system; The financial system at work; How funds flow through the financial system; 2.2 Direct financing; A direct financing transaction (without using the market); Direct financing (using the market); 2.3 Types of financial markets; Primary and secondary markets.
- Notes:
-
- Includes bibliographical references and index.
- Online resource; title from digital title page (viewed on December 10, 2018)
- Subject:
- Corporations -- Finance
- Genre/Form:
- Electronic books
- Other authors/contributors:
- John Wiley & Sons, Australia, Ltd
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary, dramatic or musical work
- Published status:
- Published
- Publication date:
- 2019
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.