Includes bibliographical reference and index.

1. What is the firm's objective? --
2. State of the art project appraisal techniques --
3. Traditional appraisal techniques --
4. Investment decision making in companies --
5. Allow for risk in project appraisal --
6. Value managed vs earnings managed companies --
7. Values through strategy --
8. Measures of value creation --
9. Entire firm value measurement --
10. What is the company's cost of capital? --
11. Mergers: Impulse, regret and success --
12. The merge process --
13. Valuing companies --
14. What pay-outs should we make to shareholders? --
15. Debt finance available to firms of all sizes --
16. Debt finance from financial markets --
17. Raising equity capital --
18. The financial risk managers have to deal with --
19. Options --
20. Using futures, forwards and swaps to manage risk --
21. Managing exchange-rate risk.

The imperative of modern business mean that, sooner or later, every executive will have to get to grips with finance. Its terms, its tools, its technique. Corporative finances touches every aspect of businee: from deciding which capital expenditure projects worthy of backing for tomorrow, to the immediate and daily challenge of managing business units for shareholder value. Finance is the framework for corporate decisions and the language of corporate decisions-makers. Fluency in finance will serve you and your business well. The Handbook of Corporate Finance is the authoritative, comprehensive and crystal- clear companion to business finance.