Financial Management: Theory & Practice

About the Author 
Preface to the Eleventh Edition 
Preface to the First Edition
Acknowledgements
Finance in Action 

Part–I Introduction
1. Financial Management: An Overview 
2. The Financial System  

Part–II Financial Analysis and Planning 
3. Financial Statements, Taxes, and Cash Flow  
4. Analysis of Financial Statements 
5. Financial Planning and Forecasting  

Part–III Fundamental Valuation Concepts 
6. The Time Value of Money  
7. Valuation of Bonds and Stocks
8. Risk and Return 
9. Risk and Return: Portfolio Theory and Asset Pricing Models  
10. Options and their Valuation 

Part–IV Capital Budgeting 
11. Techniques of Capital Budgeting 
12. Estimation of Project Cash Flows 
13. Risk Analysis in Capital Budgeting 
14. The Cost of Capital 
15. Capital Budgeting: Extensions 

Part–V Long Term Financing 
16. Market Efficiency and Financing Decisions 
17. Sources of Long-Term Finance 
18. Raising Long Term Finance 

Part–VI Capital Structure and Dividend Decisions 
19. Capital Structure and Firm Value 
20. Capital Structure Decision 
21. Dividend Policy and Firm Value 
22. Dividend Decision 

Part–VII Working Capital Management 
23. Working Capital Policy 
24. Cash and Liquidity Management 
25. Credit Management 
26. Inventory Management 
27. Working Capital Financing 
28. Working Capital Management: Extensions 

Part–VIII Debt and Hybrid Financing 
29. Debt Analysis and Management 
30. Leasing, Hire-Purchase, and Project Finance 
31. Hybrid Financing 


Part–IX Corporate Valuation, Restructuring and Value Creation 
32. Corporate Valuation 
33. Value Based Management 
34. Mergers, Acquisitions, and Restructuring 
35. Corporate Governance and Executive Compensation 
36. Performance Measurement and Balanced Scorecard 

Part–X International Finance and Risk Management 
37. International Financial Management 
38. Derivatives and Risk Management 

Part–XI Special Topics 
39. Financial Management in Companies with Special Characteristics 
40. Financial Management in Sick Units 
41. Behavioural Corporate Finance 
42. The State of Our Knowledge 

Appendix-A Tables 
Appendix-B Solutions to End-of-Chapter Problems and Mini Cases 
Appendix-C Sources of Financial Information 
Glossary 
Index

Overview

A popular choice of academicians and students since its first launch in 1977, Financial Management by Prasanna Chandra has gone a long way in winning hearts across the length and breadth of the country in the first four decades of its existence. 
The eleventh edition will carry the baton and it includes new sections and updates across the chapters. It has newer excel applications and Beyond the Pages feature to capture the latest happenings and technological use in the subject area.
Long established as one of the most innovative and comprehensive texts on the subject area, the title focuses on imparting not just the basics of financial accounting but also imbibes skills necessary to perform. 


Key Features

• New! Sections on market timing theory, bias in valuation, special purpose acquisition companies, managing Forex exposure, swap pricing, reporting of financial risk management
• New! Beyond the Pages feature on the OLC to capture latest happenings in the subject area
• Updated sections on financial assets, commodity futures, OTC derivatives in India, mechanics of a merger, SEBI guidelines on FCDs PCDs and many more
• Updated mini cases across the chapters
• Radically revised chapter on Behavioral Finance
• New! Annexure on Research Findings on Financial Management
• New! OLC to include Excel applications across the chapters to aid learning
• Completely revamped and updated data, charts, graphs etc.
• Availability of eBook 

• Financial Management