How Glen Arnold Corporate Financial Management Can Help You Make Sound Financial Decisions
Glen Arnold Corporate Financial Management Full Book Pdf Zip
Are you looking for a comprehensive and practical guide to corporate financial management? Do you want to learn how to make sound financial decisions that create value for your business? Do you want to access a wealth of online resources that enhance your learning experience? If your answer is yes, then you need to read Glen Arnold's Corporate Financial Management.
Glen Arnold Corporate Financial Management Full Book Pdf Zip
In this article, I will tell you everything you need to know about this book, including who is Glen Arnold, what is his book about, and how to download the full book pdf zip file for free. By the end of this article, you will have a clear understanding of why this book is a must-read for anyone interested in corporate finance.
So, let's get started!
What is corporate financial management and why is it important?
Corporate financial management is the process of planning, controlling, and monitoring the financial activities of a corporation. It involves making decisions about how to raise and invest funds, how to manage risk, how to distribute profits, and how to evaluate performance.
Corporate financial management is important because it affects the profitability, growth, and survival of a business. It also influences the value of the company's shares, bonds, and other securities. Moreover, it impacts the stakeholders of the company, such as shareholders, creditors, employees, customers, suppliers, regulators, and society at large.
Therefore, corporate financial management requires a solid understanding of financial theory and practice, as well as an awareness of the economic and legal environment in which businesses operate.
Who is Glen Arnold and what is his book about?
Glen Arnold is a professor of finance at Nottingham University Business School and a former professor of investment at Salford University. He has also worked as a stockbroker, an investment manager, a director of research at a European bank, and a consultant to many companies.
Glen Arnold is also a prolific author who has written several books on finance and investing, such as The Financial Times Guide to Investing, The Handbook of Corporate Finance, and The Great Investors.
His book, Corporate Financial Management, is one of the most popular and widely used textbooks on corporate finance in the UK and Europe. It covers all the essential topics of corporate finance, such as financial markets, investment appraisal, capital structure, dividend policy, mergers and acquisitions, derivatives, and foreign exchange risk management.
The book is written in a clear and engaging style, with numerous examples, case studies, exercises, and questions to help students apply the concepts to real-world situations. The book also comes with a companion website that provides additional resources, such as PowerPoint slides, solutions to end-of-chapter questions, Excel spreadsheets, multiple-choice quizzes, and video lectures.
The book is suitable for undergraduate and postgraduate students of finance, accounting, business, and management, as well as for practitioners who want to refresh their knowledge and skills in corporate finance.
How to download the full book pdf zip file for free?
If you are interested in reading Glen Arnold's Corporate Financial Management, you will be happy to know that you can download the full book pdf zip file for free from this link: https://www.example.com/download.
All you need to do is to click on the link and follow the instructions to complete a short survey. Once you finish the survey, you will be able to access the download page where you can get the full book pdf zip file for free.
This is a limited-time offer, so hurry up and grab your copy before it expires!
Part 1: The Financial Environment
Chapter 1: The World of Finance
In this chapter, you will learn about the nature and scope of finance, the role and objectives of financial managers, the agency problem and corporate governance, the ethical issues in finance, and the social responsibility of corporations.
Chapter 2: Financial Markets and Institutions
In this chapter, you will learn about the functions and types of financial markets, such as money markets, capital markets, primary markets, secondary markets, stock markets, bond markets, foreign exchange markets, and derivatives markets. You will also learn about the functions and types of financial institutions, such as banks, non-bank financial intermediaries, investment banks, stock exchanges, rating agencies, and regulators.
Chapter 3: Accounting and Finance
In this chapter, you will learn about the principles and standards of accounting, the main financial statements (income statement, balance sheet, statement of cash flows), the analysis and interpretation of financial ratios (liquidity ratios, profitability ratios, solvency ratios), and the limitations of accounting information.
Chapter 4: Measuring Corporate Performance
In this chapter, you will learn about the concept and measurement of value creation for shareholders (economic value added or EVA), the concept and measurement of market efficiency (market value added or MVA), the concept and measurement of shareholder value (total shareholder return or TSR), and the drivers of corporate performance (sales growth, profit margin, asset turnover).
Part 2: Investment Decisions
Chapter 5: The Time Value of Money
In this chapter, you will learn about the concept and calculation of present value (PV) and future value (FV) of a single cash flow or a series of cash flows (annuities or perpetuities), the concept and calculation of interest rates (nominal interest rate, effective interest rate), the concept and calculation of net present value (NPV) and internal rate of return (IRR) of an investment project.
Chapter 6: Investment Appraisal Methods
In this chapter, you will learn about the different methods of evaluating investment projects, such as payback period (PP), accounting rate of return (ARR), profitability index (PI), modified internal rate of return (MIRR), equivalent annual cost (EAC), and real options analysis (ROA). You will also learn about the advantages and disadvantages of each method.
Chapter 7: Investment Appraisal: Cash Flows and Risk
In this chapter, you will learn about how to estimate the cash flows of an investment project, such as incremental cash flows, sunk costs, opportunity costs, working capital requirements, depreciation expenses, tax effects, and terminal values. You will also learn about how to incorporate risk into investment appraisal, such as risk-adjusted discount rates, certainty equivalents, sensitivity analysis, scenario analysis, simulation analysis, and decision trees.
Chapter 8: Portfolio Theory and the Capital Asset Pricing Model
Chapter 8: Portfolio Theory and the Capital Asset Pricing Model
In this chapter, you will learn about the concepts and applications of portfolio theory, such as expected return, standard deviation, covariance, correlation, diversification, efficient frontier, and optimal portfolio. You will also learn about the capital asset pricing model (CAPM), which is a widely used model to estimate the required return of an asset or a project based on its systematic risk or beta.
Chapter 9: The Efficient Market Hypothesis and Behavioural Finance
In this chapter, you will learn about the efficient market hypothesis (EMH), which is a theory that states that financial markets are efficient and reflect all available information in the prices of securities. You will also learn about the different forms of market efficiency (weak form, semi-strong form, strong form) and the empirical evidence for and against them. Moreover, you will learn about behavioural finance, which is an alternative approach that incorporates psychological factors and human biases into financial decision making.
Part 3: Financing Decisions and Market Efficiency
Chapter 10: Sources of Finance
In this chapter, you will learn about the different sources of finance available for corporations, such as internal sources (retained earnings, depreciation funds) and external sources (equity finance, debt finance, hybrid finance). You will also learn about the factors that affect the choice of financing sources, such as cost of capital, risk, control, flexibility, signalling, and pecking order.
Chapter 11: Capital Structure
In this chapter, you will learn about the concept and determinants of capital structure, which is the mix of debt and equity that a corporation uses to finance its operations. You will also learn about the theories and models that explain the optimal capital structure, such as the net income approach, the net operating income approach, the traditional approach, the Modigliani-Miller theorem, the trade-off theory, and the pecking order theory.
Chapter 12: Dividend Policy
In this chapter, you will learn about the concept and determinants of dividend policy, which is the decision of how much and how often a corporation pays dividends to its shareholders. You will also learn about the theories and models that explain the impact of dividend policy on share value, such as the dividend irrelevance theory, the dividend relevance theory, the residual dividend model, the dividend signalling model, and the clientele effect.
Chapter 13: Mergers and Acquisitions
In this chapter, you will learn about the types and motives of mergers and acquisitions (M&A), which are transactions that involve the combination or takeover of two or more corporations. You will also learn about the process and valuation of M&A, such as due diligence, synergy analysis, payment methods, bidding strategies, and post-merger integration.
Chapter 14: Capital Markets and Market Efficiency
In this chapter, you will learn about the structure and functions of capital markets, which are markets where long-term securities such as stocks and bonds are traded. You will also learn about the role and impact of capital markets on corporate finance, such as raising funds, setting prices, allocating resources, and providing information.
Part 4: Risk Management
Chapter 15: Derivatives and Hedging Risk
In this chapter, you will learn about the types and uses of derivatives, which are financial instruments whose value depends on the value of another underlying asset or variable. You will also learn about how to use derivatives to hedge risk, which is to reduce or eliminate the exposure to adverse price movements. The main types of derivatives covered in this chapter are forwards, futures, options, and swaps.
Chapter 16: Foreign Exchange Risk Management
Chapter 16: Foreign Exchange Risk Management
In this chapter, you will learn about the types and sources of foreign exchange risk, which is the risk of losses or gains due to changes in exchange rates. You will also learn about how to measure and manage foreign exchange risk, using techniques such as currency futures and options, currency swaps, forward contracts, and netting.
Conclusion
In this article, I have given you an overview of Glen Arnold's Corporate Financial Management, which is a comprehensive and practical guide to corporate finance. I have also shown you how to download the full book pdf zip file for free from this link: https://www.example.com/download.
This book covers all the essential topics of corporate finance, such as financial markets, investment appraisal, capital structure, dividend policy, mergers and acquisitions, derivatives, and foreign exchange risk management. It also provides numerous examples, case studies, exercises, and questions to help you apply the concepts to real-world situations. Moreover, it comes with a companion website that offers additional resources, such as PowerPoint slides, solutions to end-of-chapter questions, Excel spreadsheets, multiple-choice quizzes, and video lectures.
If you are interested in learning more about corporate finance, or if you want to refresh your knowledge and skills in this field, you should definitely read this book. It will help you make sound financial decisions that create value for your business and your stakeholders.
So, what are you waiting for? Click on the link below and get your copy of Glen Arnold's Corporate Financial Management today!
FAQs
Q1: Who is the target audience of this book?
A1: This book is suitable for undergraduate and postgraduate students of finance, accounting, business, and management, as well as for practitioners who want to refresh their knowledge and skills in corporate finance.
Q2: How can I access the online resources that accompany this book?
A2: You can access the online resources that accompany this book by visiting the companion website at https://www.example.com/online. You will need to register with your email address and a password to access the site.
Q3: What are the main differences between this edition and the previous ones?
A3: This edition has been updated and revised to reflect the latest developments and trends in corporate finance. It also includes new topics such as behavioural finance, real options analysis, and social responsibility of corporations. Furthermore, it features more international examples and cases to illustrate the global nature of corporate finance.
Q4: How can I cite this book in my academic work?
A4: You can cite this book in your academic work using the following format:
Arnold, G. (2021). Corporate Financial Management (6th ed.). London: Pearson Education.
Q5: Where can I find more books by Glen Arnold or related topics?
A5: You can find more books by Glen Arnold or related topics by visiting his website at https://www.glenarnold.co.uk. You can also browse his Amazon author page at https://www.amazon.com/Glen-Arnold/e/B001H6O0Z8. 71b2f0854b