While the rich body of theory and supporting empirical work covered in business courses is fundamental to understanding the workings of the marketplace, their simplifications are inconsistent with the radical changes and increasing complexities in the real world of finance. The cases presented in this text will stimulate discussion and develop analytical skills by allowing readers to test current financial theory against actual world financial problems and to observe possible conflicts between theory and practice. The topics covered here represent many of the most pressing issues in the corporate community, such as capital budgeting, performance measurement, capital structure, and international finance. Case abstracts are provided to help readers select the most appropriate cases, and case questions raise key issues in each study. A topic index is also included, providing easy access to specific subjects.
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