ABSTRACT

The field of Corporate Finance has developed into a fairly complex one from its origins focussed on a company's business and financial needs (financing, risk management, capitalization and budgeting). Corporate Financial Strategy provides a critical introduction to the field and in doing so shows how organizations' financial strategies can be aligned with their overall business strategies.

Retaining the popular fundamentals of previous editions, the new edition brings things up to date with an array of new examples and cases, new pedagogical features such as learning objectives and suggested further reading, and includes new material on mergers and acquisitions, and valuations and forecasting.

Unlike other textbooks, Ruth Bender writes from the perspective of the firm rather than the investor. Combined with a structure driven by issues, the result is a textbook which is perfectly suited to those studying corporate finance and financial strategy at advanced undergraduate, postgraduate and executive education levels.

part |101 pages

Putting financial strategy into context

chapter |23 pages

Corporate financial strategy

Setting the context

chapter |5 pages

Executive summary

Linking corporate and financial strategies

part |66 pages

Financial strategy and the corporate life cycle

chapter |19 pages

Growth companies

chapter |14 pages

Mature companies

chapter |9 pages

Declining businesses

A case for euthanasia?

part |53 pages

Financial instruments

chapter |15 pages

Financial instruments

The building blocks

chapter |16 pages

Dividends and buy-backs

part |123 pages

Transactions and operating issues

chapter |16 pages

Valuations and forecasting

chapter |19 pages

Floating a company

chapter |11 pages

Restructuring a company

chapter |25 pages

Private equity