Includes bibliographical references and index.

Contents: The company and its reporting environment: 1. Central concepts in finance and financial management -- 2. Understanding financial statements part 1: the overall structure -- 3. Understanding financial statements part 2: analysing and managing the accounts -- Part 2: Fixed income securities: an introduction to valuation: 4. The time value of money -- 5. Bonds and bond management -- Part 3: Shares and derivatives: 6. Risks and return -- 7. Market efficiency and behavioural finance: understanding share price behaviour -- 8. Valuation of shares and companies -- 9. Financial derivatives and applications in corporate finance -- Part 4: Projects and their valuation: 10. Project cost of capital -- 11. Capital budgeting: evaluation of cash flows -- Part 5: Corporate governance issues: 12. Agency conflicts and corporate governance -- 13. Enterprise risk management -- 14. Islamic finance -- 15. Bankruptcy, reorganization and liquidation -- Part 6: Financial decisions: 16. Distributions to shareholders: dividends and repurchases -- 17. Borrowing and capital structure decisions -- 18. Public and private financing: initial offerings and seasoned offerings -- Other finance: leases, preference shares, warrants and convertibles -- 20. Merges and corporate control -- Part 7: International environment: Multinational financial management.