Finance for Strategic Decision-Making: What Non-Financial Managers Need to Know

Series Foreword xi

Preface xiii

1 Finance and Corporate Strategy 1

2 The Resource Allocation Decision 13

3 Cost of Capital 55

4 Capital Structure and Financing 75

5 Payout Policy 113

6 Mergers and Acquisitions 137

7 Divestitures 179

8 Risk Management 211

9 Performance Evaluation 247

Notes 285

The Authors 291

Index 293