Much of this is in Appendix 1: Portfolio theory. We try to ‘make sense of’ financial activity from the economist’s perspective. Thus, we go to some lengths to show how financial activity has its origins in the real economy and in the need to lend and to borrow to enable real investment to take place. Similarly, when we talk about the shortcomings of financial markets and institutions, we…
Current discussions on corporate governance, ethical dilemmas, globalization of finance, strategic alliances and the growth of outsourcing have been added with examples and boxed features to aid understanding and provide a more global perspective of financial management. This book is particularly well-suited to introductory courses in financial management, for a professional qualification and a…
The most complete, up-to-date guide to risk management in finance Risk Management and Financial Institutions, Fifth Edition explains all aspects of financial risk and financial institution regulation, helping you better understand the financial markets--and their potential dangers. Inside, you'll learn the different types of risk, how and where they appear in different types of institutions, an…
Delivering unrivaled depth of theory and practical applications, Madura's INTERNATIONAL FINANCIAL MANAGEMENT, 13e, builds on the fundamental principles of corporate finance to provide the timely information and contemporary insights needed to prosper in today's global business environment. Well known for its reader-friendly style and clear explanations, this best-seller introduces international…