Financial Management is the ideal course text for business and management undergraduates and MBA students taking an introductory module in Financial Management. The concise yet thorough style of the book makes it highly accessible for students coming to the subject for the first time. This thoroughly updated fourth edition contains many new and original features designed to reinforce student learning. The array of activities and questions integrated throughout each chapter encourage the student to engage with the subject. Learning objectives and summaries frame each chapter, guiding the student through the text. Complete with an answer section and suggestions for further reading. INDICE The Business Objective and Financial Management Financial Analysis Investment Appraisal - Non Discounting Investment Appraisal - Discounting Investment Appraisal - Cash Flow Dealing with Risk in Investment Decisions Capital Budgeting Administration Establishing the Need for Finance Financial Markets and the Business Organisation Short and Medium-term Finance Finance for Small and Developing Businesses 'Going Public' and the Securities Market Long-term Finance for Expansion The Financing Decision Cost of Capital The Investor and Share Valuation Dividend Policy and Share Valuation Business Mergers Financing Working Capital Controlling Liquidity Controlling Stocks Controlling Debtors Managing International Trade and Investment Author BiographiesGEOFFREY KNOTT was formerly Principal Lecturer in Accountancy at City College, Norwich, UK.