Financial strategy / edited by Janette Rutterford, Martin Upton and Devendra Kodwani.

Contributor(s):

Material type: Text

TextPublication details: Chichester, England ; Hoboken, NJ : Wiley, 2006.Edition: 2nd edDescription: xi, 479 p. : ill. ; 26 cmISBN:

0470016558 (alk. paper)
0470016566 (pbk. : alk. paper)
9780470016558 (alk. paper)
9780470016565 (pbk. : alk. paper)

Subject(s):

Holdings
Item type	Current library	Call number	Copy number	Status	Date due	Barcode
Standard Loan	Thurles Library Main Collection	658.15 RUT (Browse shelf(Opens below))		Available		R20045JKRC
Standard Loan	Thurles Library Main Collection	658.15 RUT (Browse shelf(Opens below))	1	Available		R20046KKRC

Enhanced descriptions from Syndetics:

Recentdevelopments in financial strategy have concentrated on addingvalue to organizations. Financial Strategy gives an overviewof how these developments can be used to improve performance inprivate and public sector organizations around the world.

Key themes addressed are:

Trends in finance theory Adding value through investment, financing and riskmanagement Measuring performance Corporate governance

Innovations such as financial restructuring, the role of realoptions, financial engineering and economic vale added areincluded, as is discussion of the changed relationship betweenaccounting and finance within the organization. FinancialStrategy is a course reader for the Open University BusinessSchool MBA Course in Financial Strategy.

Includes bibliographical references and index.

Table of contents provided by Syndetics

Introduction (p. ix)
Section 1 Trends in Finance Theory (p. 1)
Section Overview (p. 1)
1 The World was their Oyster: International Diversification Pre-World War I (p. 5)
Case Study 1 Global Evidence on the Equity Risk Premium (p. 25)
2 Behavioral Finance (p. 42)
Case Study 2 Do Fundamentals - or Emotions - Drive the Stock Market? (p. 52)
Section 2 Adding Value Through Investment (p. 59)
Section Overview (p. 59)
3 Why Bad Projects Are So Hard to Kill (p. 63)
4 Realizing the Potential of Real Options: Does Theory Meet Practice? (p. 76)
Case Study 3 Real Options (p. 93)
5 Mergers, MNEs and Innovation: The Need for New Research Approaches (p. 98)
Case Study 4 Why Most Cross-Border Deals End in Tears (p. 118)
Section 3 Adding Value Through Financing (p. 121)
Section Overview (p. 121)
6 The Capital Structure Puzzle: Another Look at the Evidence (p. 125)
7 Disappearing Dividends: Changing Firm Characteristics or Lower Propensity to Pay? (p. 146)
8 The Value of Share Buybacks (p. 165)
Case Study 5 Capital Ideas (p. 172)
Case Study 6 Death of the Dividend? (p. 176)
Case Study 7 Sciona: A Venture Capital Case Study (p. 186)
9 Initial Public Offerings (p. 190)
Case Study 8 Google Press Cuttings (p. 218)
A Are You About to Get Googled? (p. 218)
B Ignore Wall St's Whining - Google's IPO Worked (p. 220)
C Google's Earnings More than Double 1st Quarterly Results as Public Firm Strong (p. 222)
D How High Can Google Fly? (p. 223)
E Bowling for Google (p. 225)
F Google's Rising Share Price is Cold Comfort for Investors (p. 227)
Section 4 Adding Value through Risk Management (p. 229)
Section Overview (p. 229)
10 Operating Exposure (p. 233)
11 Currency Exchange Trading and Rogue Trader John Rusnak (p. 246)
12 Value at Risk: Uses and Abuses (p. 263)
13 Learning to Live with Fixed Rate Mortgages: An Evolutionary Approach to Risk Management (p. 285)
14 Credit Derivatives (p. 302)
Case Study 9 Journey to Junk (p. 315)
Case Study 10 Who Rates the Raters? (p. 320)
Section 5 Measuring Performance (p. 327)
Section Overview (p. 327)
15 What can be Expected from Accounting Standards? (p. 333)
Case Study 11 Queens Moat Houses plc (p. 337)
Case Study 12 Learn by Numbers (p. 343)
16 A Star to Sail By? (p. 347)
17 EVA Implementation, Market Over-Reaction, and the Theory of Low-Hanging Fruit (p. 355)
18 Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part I (p. 373)
19 Performance Indicators: 20 Early Lessons from Managerial Use (p. 392)
Section 6 Governance and Ethics (p. 407)
Section Overview (p. 407)
20 It's Time to Rebalance the Scorecard (p. 411)
21 Stakeholder Capitalism (p. 421)
Case Study 13 The State of Denial We're In (p. 427)
22 Controversy Incorporated (p. 430)
Case Study 14 An Interview with Microsoft's CFO (p. 439)
Case Study 15 Corporate Governance Failures: To What Extent is Parmalat a Particularly Italian Case? (p. 447)
Case Study 16 Companies Still Failing to Fill the Funding Gap (p. 464)
Index (p. 467)

Author notes provided by Syndetics

Janette Rutterford is Professor of Financial Management atthe Open University Business School.

Martin Upton is a Lecturer in Finance at the OpenUniversity Business School and was formerly Treasurer of theNationwide Building Society.

Devendra Kodwani is a Lecturer in Finance at the OpenUniversity Business School.