Financial management: theory and practice

Table of Contents: Part I: Introduction Financial Management: An Overview The Financial System Part II: Financial Analysis and Planning Financial Statements, Taxes and Cash Flow Analysis of Financial Statements Financial Planning and Forecasting Part III: Fundamental Valuation Concepts The Time Value of Money Valuation of Bonds and Stocks Risk and Return Risk and Return: Portfolio Theory and Asset Pricing Models 10. Options and Their Valuation Part IV: Capital Budgeting Techniques of Capital Budgeting Estimation of Project Cash Flows Risk Analysis in Capital Budgeting The Cost of Capital Capital Budgeting: Extensions Part V: Long Term Financing Market Efficiency and Financing Decisions Sources of Long Term Finance Raising Long Term Finance Part VI: Capital Structure and Dividend Decisions Capital Structure and Firm Value Capital Structure Decision Dividend Policy and Firm Value Dividend Decision Part VII: Working Capital Management Working Capital Policy Cash and Liquidity Management Credit Management Inventory Management Working Capital Financing Working Capital Management: Extensions Part VIII: Debt and Hybrid Financing Debt Analysis and Management Leasing, Hire-Purchase and Project Finance Hybrid Financing Part IX: Corporate Valuation, Restructuring and 753Value Creation Corporate Valuation Value Based Management Mergers, Acquisitions and Restructuring Corporate Governance and Executive Compensation Performance Measurement and Balanced Scorecard Part X: Special Topics International Financial Management Financial Management in Sick Units Financial Management in Companies with Special Characteristics Corporate Risk Management Behavioural Finance The State of Our Knowledge

This new edition of this well accepted text-cum-reference book on financial management presents the central theme and concerns of corporate finance and strategic financial management. Integrating the latest changes in the Indian financial system, the book captures a well rounded description of tax and regulatory framework, various issues in financial management and a discussion of financial management practices with adequate treatment of analytical tools. Book Features: A new chapter on 'Behavioural Finance' Updated and expanded regulatory framework and financial management practices New sections and appendices