Title:
Corporate finance : a South African perspective
Author:
Besley, Scott.
ISBN:
9781473709218
Personal Author:
Physical Description:
ix, 388 pages, 58 unnumbered pages : illustrations (some color) ; 25 cm
Contents:
Part 1. Introduction to corporate finance. 1. An overview of corporate finance -- Part 2. Essential concepts in corporate finance. 2. Analysis of financial statements -- 3. The financial environment: markets, institutions, and investment banking -- 4. Time value of money -- Part 3. Valuation – financial assets. 5. The cost of money (interest rates) -- 6. Bonds (debt) – characteristics and valuation -- 7. Shares (equity) – characteristics and valuation -- 8. Risk and rates of return -- Part 4. Valuation – real assets (capital budgeting). 9. Capital budgeting techniques -- 10. Project cash flows and risk -- Part 5. Cost of capital and capital structure concepts. 11. The cost of capital -- 12. Capital structure -- 13. Distribution of retained earnings: dividends and share repurchases -- Part 6. Working capital management. 14. Working capital policy -- 15. Managing short-term assets -- 16. Managing short-term liabilities (financing) -- Part 7. Strategic planning and financing decisions. 17. Financial planning and control.
Abstract:
“Athenia Sibindi (UNISA) joins Besley and Brigham on Corporate Finance: A South African Perspective. This new edition is based on the student-feedback driven CFIN3 title, and maintains its visually appealing, succinct content. Corporate Finance: A South African Perspective is designed specifically for South African students. Throughout the book, content has been made as clear as possible by being rewritten in UK English with Africanisation. This text is designed to help you understand the complex world of corporate finance, and guides you through the theory and practice of working within the South African corporate financial environment.”--Publisher’s description.