Fundamentals of Corporate Finance, 6th Ed – Vol I

Students shouldn’t lose sight ofthe fact that financial management concerns management.We emphasize the role of the financial manager as decision maker, and we stress the need for managerial input andjudgment. We consciously avoid “black box” approaches to finance, and, where appropriate, the approximate,pragmatic nature of financial analysis ismade explicit, possible pitfalls are described, and limitationsare discussed.

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Students shouldn’t lose sight ofthe fact that financial management concerns management.We emphasize the role of the financial manager as decision maker, and we stress the need for managerial input andjudgment. We consciously avoid “black box” approaches to finance, and, where appropriate, the approximate,pragmatic nature of financial analysis ismade explicit, possible pitfalls are described, and limitationsare discussed.In retrospect, looking back to our 1991 first editionIPO, we had the same hopes and fears as any entrepreneurs.How would we be received in the market? At the time, we had no idea that just 10 years later, we would be working on a sixth edition. We certainly never dreamed that in those years we would work with friends and colleagues from around the world to create country-specific Australian, Canadian, and South African editions, an International edition, Chinese, Polish, Portuguese, and Spanish language editions, and an entirely separate book,Essentials of Corporate Finance, now in its third edition.

Fundamentals of Corporate Finance, 6th Ed – Vol I

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