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9780470016565

Financial Strategy, 2nd Edition

by ; ;
  • ISBN13:

    9780470016565

  • ISBN10:

    0470016566

  • Edition: 2nd
  • Format: Paperback
  • Copyright: 2006-04-01
  • Publisher: WILEY

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Supplemental Materials

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Summary

Significantly revised and updated, this second edition ofFinancial Strategy is vital reading not only for MBA and advanced undergraduate students of Financial Strategy and Financial Management, but also for finance professionals.The majority of articles and case studies in this 2 nd edition ofFinancial Strategy are new and reflect the recent developments in financial strategy, which have added value to organisations and improved their performance.Combining both finance and accounting articles and covering the public and private sectors, Financial Strategy addresses issues relevant to UK and US listed companies as well as an international audience.Key themes addressed are: Trends in finance theory Adding value through investment, financing and risk management Measuring performance Corporate governance Financial Strategy 2 nd Edition is a Course Reader for The Open University Business School MBA Course: B821 Financial Strategy.

Author Biography

<b>Janette Rutterford</b> is Professor of Financial Management at the Open University Business School. <p> <b>Martin Upton</b> is a Lecturer in Finance at the Open University Business School and was formerly Treasurer of the Nationwide Building Society. <p> <b>Devendra Kodwani</b> is a Lecturer in Finance at the Open University Business School.

Table of Contents

Introduction ix
Section 1 Trends in Finance Theory
1(58)
Section Overview
1(4)
Janette Rutterford
The World was their Oyster: International Diversification Pre-World War I
5(37)
Janette Rutterford
Case Study 1 Global Evidence on the Equity Risk Premium
25(17)
Elroy Dimson
Paul Marsh
Mike Staunton
Behavioral Finance
42(17)
Jay R. Ritter
Case Study 2 Do Fundamentals -- or Emotions -- Drive the Stock Market?
52(7)
Marc Goedhart
Timothy Koller
David Wessels
Section 2 Adding Value Through Investment
59(62)
Section Overview
59(4)
Janette Rutterford
Why Bad Projects Are So Hard to Kill
63(13)
Isabelle Royer
Realizing the Potential of Real Options: Does Theory Meet Practice?
76(22)
Alexander Triantis
Case Study 3 Real Options
93(5)
K. Leslie
M. Michaels
Mergers, MNEs and Innovation: The Need for New Research Approaches
98(23)
Christian Berggren
Case Study 4 Why Most Cross-Border Deals End in Tears
118(3)
Simon London
Section 3 Adding Value Through Financing
121(108)
Section Overview
121(4)
Janette Rutterford
The Capital Structure Puzzle: Another Look at the Evidence
125(21)
Michael J. Barclay
Clifford W. Smith, Jr.
Disappearing Dividends: Changing Firm Characteristics or Lower Propensity to Pay?
146(19)
Eugene F. Fama
Kenneth R. French
The Value of Share Buybacks
165(25)
Richard Dobbs
Werner Rehm
Case Study 5 Capital Ideas
172(4)
Keith Boyfield
Case Study 6 Death of the Dividend?
176(10)
Adrian Wood
Case Study 7 Sciona: A Venture Capital Case Study
186(4)
Colin Bond
Initial Public Offerings
190(39)
Jay R. Ritter
Case Study 8 Google Press Cuttings
218(1)
Are You About to Get Googled?
218(2)
Tony Glover
Ignore Wall St's Whining -- Google's IPO Worked
220(2)
James Surowiecki
Google's Earnings More than Double 1st Quarterly Results as Public Firm Strong
222(1)
Robert Weisman
How High Can Google Fly?
223(2)
Verne Kopytoff
Bowling for Google
225(2)
Paul R. La Monica
Google's Rising Share Price is Cold Comfort for Investors
227(2)
Stephen Schurr
Section 4 Adding Value through Risk Management
229(98)
Section Overview
229(4)
Martin Upton
Operating Exposure
233(13)
D.R. Lessard
J.B. Lightstone
Currency Exchange Trading and Rogue Trader John Rusnak
246(17)
Sharon Burke
Value at Risk: Uses and Abuses
263(22)
Christopher L. Culp
Merton H. Miller
Andrea M. P. Neves
Learning to Live with Fixed Rate Mortgages: An Evolutionary Approach to Risk Management
285(17)
Martin Upton
Credit Derivatives
302(25)
John Kiff
Ron Morrow
Case Study 9 Journey to Junk
315(5)
Jenny Wiggins
Case Study 10 Who Rates the Raters?
The Economist
320(7)
Section 5 Measuring Performance
327(80)
Section Overview
327(6)
Janette Rutterford
What can be Expected from Accounting Standards?
333(14)
Gilbert Gelard
Case Study 11 Queens Moat Houses plc
337(6)
Queens Moat Houses plc Annual Accounts
Case Study 12 Learn by Numbers
343(4)
Keith Boyfield
A Star to Sail By?
347(8)
The Economist
EVA Implementation, Market Over-Reaction, and the Theory of Low-Hanging Fruit
355(18)
Barbara Lougee
Ashok Natarajan
James S. Wallace
Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part I
373(19)
Robert S. Kaplan
David P. Norton
Performance Indicators: 20 Early Lessons from Managerial Use
392(15)
Andrew Likierman
Section 6 Governance and Ethics
407(60)
Section Overview
407(4)
Janette Rutterford
It's Time to Rebalance the Scorecard
411(10)
James M. Higgins
David M. Currie
Stakeholder Capitalism
421(9)
Will Hutton
Case Study 13 The State of Denial We're In
The Economist
427(3)
Controversy Incorporated
430(37)
David Cogman
Jeremy M. Oppenheim
Case Study 14 An Interview with Microsoft's CFO
439(8)
Bertil E. Chappuis
Timothy M. Koller
Case Study 15 Corporate Governance Failures: To What Extent is Parmalat a Particularly Italian Case?
447(17)
Andrea Melis
Case Study 16 Companies Still Failing to Fill the Funding Gap
464(3)
Lucy Warwick-Ching
Index 467

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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