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Home > Business and Economics > Business and Management > Management and management techniques > Management decision making > Finance for Strategic Decision-Making: What Non-Financial Managers Need to Know(27 J-B-UMBS Series)
Finance for Strategic Decision-Making: What Non-Financial Managers Need to Know(27 J-B-UMBS Series)

Finance for Strategic Decision-Making: What Non-Financial Managers Need to Know(27 J-B-UMBS Series)


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About the Book

Finance for Strategic Decision Making demystifies and clarifies for non-financial executives the basics of financial analysis. It shows how they can make important financial decisions that can critically enhance their institution’s ability to respond to competitive challenges, undertake new projects, overcome financial setbacks, and most importantly, create shareholder value. Written by M. P. Narayanan and Vikram K. Nanda—two of the country’s leading authorities on financial strategy—this book offers a practical guide for using financial analysis to enhance strategicdecision making. The book includes a coherent framework that outlines practical and intellectually sound guidance for executives who must make strategic decisions. Finance for Strategic Decision Making Explains the role of finance in corporate strategy Offers guidance on resource allocation decisions Explores how to determine the right balance of debt and equity capital to maximize firm value Demonstrates how to use payout policy as a strategic tool Clarifies if a merger, acquisition, or divestiture is in the best interest of an organization Shows how to manage risk Reveals how to measure value created and the effectiveness of upper level management

Table of Contents:
Series Foreword xi Preface xiii 1 Finance and Corporate Strategy 1 2 The Resource Allocation Decision 13 3 Cost of Capital 55 4 Capital Structure and Financing 75 5 Payout Policy 113 6 Mergers and Acquisitions 137 7 Divestitures 179 8 Risk Management 211 9 Performance Evaluation 247 Notes 285 The Authors 291 Index 293

About the Author :
M. P. Narayanan is professor of finance and chair of the finance department at the University of Michigan Business School. He is the faculty director of the Finance for Non-Financial Managers program and the Finance for Strategic Decision-Making program. Vikram K. Nanda is associate professor of finance at the University of Michigan Business School.


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Product Details
  • ISBN-13: 9780470366516
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: Jossey-Bass Inc.,U.S.
  • Language: English
  • Series Title: 27 J-B-UMBS Series
  • ISBN-10: 0470366516
  • Publisher Date: 11 Mar 2008
  • Binding: Digital (delivered electronically)
  • No of Pages: 320
  • Sub Title: What Non-Financial Managers Need to Know


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Finance for Strategic Decision-Making: What Non-Financial Managers Need to Know(27 J-B-UMBS Series)
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Finance for Strategic Decision-Making: What Non-Financial Managers Need to Know(27 J-B-UMBS Series)
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