Summary
Recentdevelopments in financial strategy have concentrated on addingvalue to organizations. Financial Strategy gives an overviewof how these developments can be used to improve performance inprivate and public sector organizations around the world.
Key themes addressed are:
Trends in finance theory Adding value through investment, financing and riskmanagement Measuring performance Corporate governance
Innovations such as financial restructuring, the role of realoptions, financial engineering and economic vale added areincluded, as is discussion of the changed relationship betweenaccounting and finance within the organization. FinancialStrategy is a course reader for the Open University BusinessSchool MBA Course in Financial Strategy.