Discover more about the essential principles of Corporate Finance, with the ultimate guide coming from a team of leading authors in the field.

Corporate Financial Management, 6^th edition by Arnold and Lewis is the latest version of this comprehensive guide to the subject, written by leading authors in the financial world. This edition is ideal for students who study the topic either as a standalone subject or as part of their wider studies within business accounting, finance, banking, or economics.

The book offers a complete study of the theory and practice in corporate finance, exploring a range of topics, including investment appraisal, risk and return, and sources of finance. It also discusses concepts that involve risk management, including derivatives, giving a unique treatment of corporate value.

Accessible and easy to understand, the text is designed to teach you how to make informed, successful financial decisions by offering a variety of real-world case studies that apply important business concepts from theory to action.

The current, thoroughly updated edition includes a plethora of existing and updated features that will support your understanding of the concepts presented in each chapter.

Key features include:

• A clear, accessible language that illustrates the financial techniques in practical terms.
• New Financial Times articles that help you see the relevance between theory and the real world.
• A presentation of finance as a dynamic subject, that is open to theoretical re-evaluation.
• A large number of examples and case studies include statistics and data that range from the number of corporate mergers to default rates in corporate bonds.
• Mathematical explanations that are easy to follow.

With a clear layout and a range of additional resources to support your understanding of the key concepts introduced, this must-have book will help you succeed in your studies and prepare you for the real financial world.

This title is supported by MyFinanceLab^®, an online homework and tutorial system which can be used by students for self-directed study, or instructors who can choose to fully integrate this eLearning technology into the delivery of their course.

If you would like to purchase both the physical text and MyLab Accounting search for: 9781292169415 Corporate Financial Management, 6^th Edition with MyFinanceLab^®.

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• 9781292140445 Corporate Financial Management, 6^th Edition
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Glen Arnold is a businessman, investor and professor ofinvestment at the University of Salford. He is the author of numerous finance and investing books including the best-sellers, Corporate Financial Management, The Great Investors and The Financial Times Guide to Investing, all published by Financial Times/Prentice Hall

The 6th Edition of this highly respected text is comprehensive yet accessible, with real-world case studies to ground you in the application of important concepts.

Written with authority by authors steeped in the financial world, the book offers a comprehensive survey of the theory and practice of corporate finance for anyone studying the topic by itself or within business, accounting, finance, banking or economics courses, teaching you how to make informed, successful financial decisions that are crucial for a career in business.

It explores topics such as investment appraisal, risk and return, sources of finance, and risk management, including derivatives, and gives a unique treatment of corporate value.

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• Part 1 Introduction
• 1 The financial world
• Part 2 The investment decision
• 2 Project appraisal: net present value and internal rate of return
• 3 Project appraisal: cash flow and applications
• 4 The decision-making process for investment appraisal
• 5 Project appraisal: capital rationing, taxation and inflation
• Part 3 Risk and return
• 6 Risk and project appraisal
• 7 Portfolio theory
• 8 The Capital Asset Pricing Model and multi-factor models
• Part 4 Sources of finance
• 9 Stock markets
• 10 Raising equity capital
• 11 Long-term debt finance
• 12 Short- and medium-term finance, treasury and working capital management
• 13 Stock market efficiency
• Part 5 Corporate value
• 14 Value-based management
• 15 Value-creation metrics
• 16 The cost of capital
• 17 Valuing shares
• 18 Capital structure
• 19 Dividend policy
• 20 Mergers
• Part 6 Managing risk
• 21 Derivatives
• 22 Managing exchange-rate risk
• Appendices
• I Future value of at compound interest
• II Present value of at compound interest
• III Present value of an annuity of at compound interest
• IV Future value of an annuity of at compound interest
• V Areas under the standardised normal distribution
• VI Answers to the mathematical tools exercises in Chapter 2, Appendix 2.1
• Glossary
• Bibliography
• Index