Description
In response to demand from teachers of finance in South Africa, the new edition of the accessible and contemporary book provides a text specifically aimed at the local market. Three basic themes provide the focus for the book: Emphasis on Intuition: New material is first introduced at an intuitive level, then specific examples illustrate in more concrete terms how a financial manager might proceed in a given situation. Unified Valuation Approach: Every subject covered within this book is formly rooted in valuation, and care is taken throughout to explain how particular decisions have valuations effects. Managerial focus: The role of the financial manager as decision maker is empahsized, and the need for managerial inout and judgement stressed.
