Title: Foundations of Financial Management, 16th Edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
Summary:
“Foundations of Financial Management” provides a comprehensive overview of the principles and practices essential for understanding financial management in today’s business environment. Written by Stanley Block, Geoffrey Hirt, and Bartley Danielsen, the 16th edition of this renowned textbook offers a blend of theory and practical applications to equip readers with the knowledge and skills needed for effective financial decision-making.
Key features of the book include:
Conceptual Framework: The authors present a solid conceptual framework that covers the fundamental concepts of financial management, including financial analysis, planning, forecasting, and decision-making.
Real-World Examples: The text incorporates real-world examples and case studies to illustrate key financial concepts and principles in action. This helps students bridge the gap between theory and practice, enhancing their understanding of how financial theory applies in actual business settings.
Global Perspective: Recognizing the increasingly global nature of business, the book includes discussions on international financial management, providing insights into the complexities of managing finances in a global context.
Updated Content: The 16th edition incorporates the latest developments and trends in financial management, including changes in financial markets, regulations, and technology. New topics and examples reflect the evolving landscape of finance and ensure that students are exposed to relevant and up-to-date information.
Learning Resources: The book is accompanied by a range of learning resources, including online study tools, practice quizzes, and interactive exercises, designed to reinforce learning and help students master key concepts.
With its comprehensive coverage, clear presentation, and practical approach, “Foundations of Financial Management” is suitable for students studying finance at the undergraduate or graduate level. It is also a valuable resource for professionals seeking to enhance their understanding of financial management principles and practices in the business world.
Authors:
Stanley Block is a Professor Emeritus of Finance at Texas Christian University, where he taught courses in finance, investments, and financial management for over 30 years.
Geoffrey Hirt is a Professor Emeritus of Finance at DePaul University, with extensive experience teaching finance courses at both the undergraduate and graduate levels.
Bartley Danielsen is a Professor of Finance at North Carolina State University, specializing in corporate finance, investments, and financial markets.