The aim of this book is to bring students of economics and finance who have only an introductory background in mathematics up to a quite advanced level in the subject, thus preparing them for the core mathematical demands of econometrics, economic theory, quantitative finance and mathematical economics, which they are likely to encounter in their final-year courses and beyond. The level of the book will also be useful for those embarking on the first year of their graduate studies in Busin...

Make simple sense of complex financial information!The high-profile accounting scandals of recent years have made one thing clear: You can't know too much about the company for which you work. What are the numbers? Where do you find them? How do they affect you and your staff?This fully revised and updated third edition of The McGraw-Hill 36-Hour Course: Finance for Nonfinancial Managers provides a firm grasp on what all the numbers really mean. Designed to let y...

They say that numbers don’t lie, but what if you can’t even read them? Discover how great managers use financial data to guide decisions.Financial analysis reports, budgeting reports, forecasting and measuring reports--sometimes they all run together, don’t they? The Essentials of Finance and Accounting for Nonfinancial Managers is here to help.This new edition of a business classic demystifies finance and accounting and gives managers the tools th...

Approaches to Enterprise Risk Management is a multi-author book written by leading experts in the field of risk management including Aswath Damodoran, John C. Groth and David Shimko.It is a valuable tool that enables you to assess the potential business threats, both from within your organization and from external sources. It comprises over 25 chapters covering the range of risks your organization might face including financial, strategic, operational risk...

Why Main Street blames financial speculation for economic crashesDisdain for short selling is as American as apple pie, dating back to our nation’s founding. But as Bob Sloan argues in Don’t Blame the Shorts, short selling lies at the heart of every Wall Street transaction and fuels the financial system.Sloan explains that without shorting, credit in high-yield, distressed, convertible bonds and equities vanishes, thus choking economic activity. Th...

"This book is required reading for anyone involved in the practical issues of cost of capital decisions. It is written in a way that engages the novice, and yet challenges the professional to rethink the real issues."Brendan Scholey, Bloomberg.The cost of capital is the fundamental financial tool for business decision-making. It drives measures of value creation and destruction, and forms the basis of financial analysis using cash flow and other fra...

The collection of lectures and publications from the Schumacher Center for a New Economics represents some of the foremost voices on a new economics.Michael Shuman asks his audience how many have pension funds, and a fair number of hands go up, then enquires of those who have them, "How many are primarily invested in local business?” Almost no one raises a hand. Why is it that even “the most local-economy-minded people” do not own stock in local companies? It’s not because local bu...

This book, now in its second edition, provides an in-depth overview of all segments of the structured finance business, with particular reference to market trends, deal characteristics and deal structuring. The goal is to assist readers in gaining a clear understanding of the common features of structured finance transactions. The process of deal structuring for each type of transaction is carefully analyzed, with extensively updated chapters on asset securitization, project finance, struc...

How can you be sure you are buying the company you think you are? Are you sure it is as good as the seller says? How can you be certain unexpected costs and obligations will not suddenly appear once you are the owner and responsible for them? How best can you arm yourself for the negotiations? Have you worked out precisely what you are going to do with it once it is yours? How do you set the priorities for change to recoup the premium you have paid for it?The answer to all these qu...

This course of lectures introduces students to elementary concepts of corporate finance using a more systematic approach than is generally found in other textbooks.Axioms are first highlighted and the implications of these important concepts are studied afterwards. These implications are used to answer questions about corporate finance, including issues related to derivatives pricing, state-price probabilities, dynamic hedging, dividends, capital structure decisions, and risk and incentive...

How do accounting firms continue to generate ever increasing profits in a marketplace where technology and the evaporation of compliance services presents so many hurdles and challenges?Today, for many, change is a challenge…but not changing is also challenging.What is your response to Real Time Accounting? Threat or Opportunity? Or maybe a Throportunity?Double Your Income provides real world solutions addressing strategies that will result in incre...

Your roadmap to success in the world of postmerger integrationNearly half of today's executives attribute M&A failure to poor integration between merging businesses. This thoroughly revised edition of The Art of M&A Integration provides you with updated facts on integration of compensation plans, new FASB and GAAP accounting rules, strategies for merging IT systems and processes, and more.