The Goals and Functions of Financial Management
THE FIELD OF FINANCE
EVOLUTION OF THE FIELD OF FINANCE
Financial capital (money
Real Capital (long-term plant and equipment
Modern Issues in Finance
Capital structure theory
FUNCTIONS OF FINANCIAL MANAGEMENT
Forms of Organization
Sole Proprietorship
Partnership
Corporation
GOALS OF FINANCIAL MANAGEMENT
A Valuation Approach
Maximizing Shareholder Wealth
Management and Stockholder Wealth
Social Responsibility and Ethical Behavior
Insider trading
FORMAT OF THE TEXT
Parts
1. Introduction
2. Financial Analysis and Planning
3. Working Capital Management
4. The Capital Budgeting Process
5. Long-Term Financing
6. Expanding the Perspective of Corporate Finance
RISK MANAGEMENT AND THE FINANCIAL CRISIS
Credit default swaps (CDS)
The Impact of the Internet
CORPORATE GOVERNANCE
Institutional investors
Sarbanes-Oxley Act
THE ROLE OF THE FINANCIAL MARKETS
Structure and Functions of the Financial Markets
Financial markets
Public financial markets
Public financial markets.
Money markets
Capital markets
Allocation of Capital
Primary market
Secondary market
Institutional Pressure on Public Companies to Restructure
Internationalization of the Financial Markets
The Internet and Changes in the Capital Markets