Product Description

This new book offers an introduction to financial decision-making, covering key areas of financial management ranging from objectives through to investment financing and dividend policy. The emphasis is on "managing for value" which reflects a growing concern in the focus of modern business management. The book examines business finance from a managerial angle, integrating strategy in a way that has not been achieved yet in most other core finance texts. The material will be relevant to all types of business organisations, and examples are taken from Europe and around the world. Using up-to-date, topical case material, based upon real-life companies familiar to many students, the text analyses value-adding strategies and how practice compares with theory.

Product Details

• Amazon Sales Rank: #242312 in Books
• Published on: 2004-02-12
• Original language: English
• Binding: Paperback
• 512 pages

From the Back Cover

This new book offers an introduction to financial decision-making, covering key areas of financial management ranging from objectives through to investment, financing and dividend policy. The emphasis is on "managing for value" reflecting a growing concern in the focus of modern business management. The book examines business finance from a managerial angle, integrating strategy in a way that has not been achieved yet in most other core finance texts. The material will be relevant to all types of business organisations, with examples taken from Europe and around the world. Using up-to-date, topical case material, based upon real-life companies familiar to many students, the text analyses value-adding strategies and how practice compares with theory.

Features include:

* clearly written in a student-centred and non-technical way to ease understanding of those new to finance.
* strong focus on adding value provides a benchmark for analysis of business performance.
* primary emphasis is on practice rather than theory, using topical cases to demonstrate strategic areas with real-world relevance.
* integration of strategy with finance to provide a more complete understanding of how businesses operate.

* learning objectives, explanation of key terms, self-assessment questions and answers, worked examples and case study questions are provided to reinforce learning.

Business Finance: a Value Based Approach

is aimed primarily at those students with a limited finance background, but who are or will be involved in making strategic decisions with financial implications. This makes it suitable for use on many MBA programmes on shorter, practically-oriented modules in business or corporate finance, and also on business-related undergraduate degree programmes.

Both authors are based at Bournemouth University, School of Finance & Law.

Bill Neale is Associate Reader in Financial Management and is an experienced teacher, consultant and writer. He is the co-author of the Pearson Education text Corporate Finance and Investment by Pike and Neale.

Trefor McElroy is Head of Undergraduate Programmes and Business Development and has taught Corporate Finance on a number of MBA programmes in the UK, The Netherlands and Germany. He has written a number of distance-learning and e-learning modules in this area.

Customer Reviews

At last, I understand finance!
The thing I really liked about this book was it was so readable! The text is full of upto date and interesting cases which are used to compare theory with practice. Even the more difficult areas are simply explained. The book is also broken up into easy-to-follow and manageable sections.
If like I was, you are struggling to pass a Corporate Finance exam, try this book. I even find myself watching the business news these days!