Financial Strategy, Second Edition

Financial Strategy brings together some of the best articles from leading writers in the field of financial strategy. The increased emphasis on adding value for organisations is reflected in the writings in this book, each of which looks at a particular aspect of how to add value: through investment, financing, and risk management. This volume also covers the debate on corporate governance and performance measurement and reflects both the coming together of issues in accounting and finance as well as the application of financial strategy to organisations in the private and public sectors worldwide.

The Open University Business School offers a three-tier ladder of opportunity for managers at different stages of their careers: the Professional Certificate in Management; the Professional Diploma in Management; and the Masters Programme.

Financial Strategy is the prescribed MBA Course Reader for the Financial Strategy module of the Open University Business School MBA course and for the Issues in International Finance and Investment module of the Masters in International Finance and Management. Designed to meet the needs of students studying at advanced undergraduate and postgraduate levels, it will also appeal to practitioners wishing to keep abreast of the latest thinking in the field of financial strategy. Opinions expressed in this Reader are not necessarily those of the Course Team or of the Open University.

The editors are Janette Rutterford, Professor of Financial Management, ...