Designed for those who want to gain an understanding of the
fundamental concepts and techniques used in financial management.
An underlying premise of the book is that the objective of the firm
is to maximize value or wealth. Drawing on a wealth of experience
in the academic and professional worlds, the authors discuss how
firms can accomplish this objective by making appropriate
investment and financing decisions.
Bridging the gap between financial theory and practice, the
authors present fundamental concepts in an intuitive and
nontechnical way, and provide numerous practical financial tips to
readers. The focus is on current practice, using results from
recent surveys to show the most popular techniques and approaches
used by financial managers today.
A range of instructor’s resources are available at the
accompanying website. Visit www.blackwellpublishing.com/baker for
full details.
About the author
H. Kent Baker, University Professor of Finance, is the
author of more than 150 articles for academic and professional
journals including the Journal of Finance, Financial Management,
The Financial Review, Journal of Financial Research, the Journal of
Economics and Business, Harvard Business Review and many
others.
Gary E. Powell is an Associate Professor of Finance at
Towson University.