Author
Samuel C. Weaver - Lehigh University
J. Fred Weston - Emeritus, University of California, Los Angeles
Description
Successful financial management begins with a solid understanding of the organization's strategic goals and objectives as well as its day-to-day business practices. Based in sound financial theory and journal literature augmented by common business policies, STRATEGIC FINANCIAL MANAGEMENT: APPLICATIONS OF CORPORATE FINANCE provides the essential tools, techniques, and concepts to assist the non-financial professional in understanding financial management from a strategic and operational perspective. The later chapters further develop specific topics in financing, working capital management, mergers, restructuring, and international expansion. Numerous unifying relationships are developed through conceptual frameworks expressed in common and easy-to-understand business language. These frameworks use quantitative models complemented with numerous applications and examples centered on The Hershey Company and other companies.
Table of Contents
Part I: ACCOUNTING AND FINANCE FUNDAMENTALS.
1. The Role of Accounting and Finance.
2. Financial Statements and Cash Flows.
3. Time and Value.
4. Business Organization and Taxes.
Part II: FINANCIAL ENVIRONMENT AND VALUATION ANALYSIS.
5. Interest Rates and Fixed Return Securities Valuation.
6. Risk, Return, and Equity Valuation.
Part III: FINANCIAL ANALYSIS, PLANNING, AND CONTROL.
7. Financial Performance Metrics.
8. Working Capital Management.
9. Strategic Financial Planning.
Part IV: INVESTMENT STRATEGIES AND DECISIONS.
10. Capital Expenditure Management & Alternative Investment Criteria.
11. Capital Investment Decisions.
12. Strategic Valuation Issues.
Part V: FINANCIAL POLICY.
13. Financial Structure and Cost of Capital.
14. Financing Sources and Strategies.
15. Leases.
16. Dividend Policy and Share Repurchases.
Part VI: GROWTH STRATEGIES FOR INCREASING VALUE.
17. Mergers and Acquisitions.
18. International Financial Management.
