WHAT’S NEW IN THE SECOND EDITION
The financial crisis has highlighted the importance of making intelligent decisions on matters such as which investments within the firm to accept, what type of finance to raise, how to increase shareholder value and how to manage risk. These decisions must be informed by sound principles. The underlying principles have not altered since the publication of the first edition, but a lot of the detail, such as the workings of some financial markets, tools and techniques have been enhanced. Here are some of the ways in which this book improves on the old one:
Corporate governance. The section on how a business is governed (that is, the interaction, relative power and responsibilities of executive directors, non-executive ...
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