Corporate Finance: A South African Perspective

Second Edition

Edited by Else Gideon, Elda du Toit, Pierre Erasmus, Liezel Kotzé, Sam Ngwenya, Kevin Thomas, and Suzette Viviers

Opening and closing case studies of international as well as South African companies help students analyse financial theory in context.
Worked examples and end-of-chapter questions provide essential practice in financial calculations.
Solutions section at the end of the book facilitates self-study.
Ethics case studies create awareness of ethical dilemmas students may encounter in practice.
'Finance in action' boxes provide practical advice from financial managers, exposing students to real financial decision-making.
Revision quizzes test key concepts.
Examples of financial statements build on students' understanding of accounting and develop financial literacy.

Corporate Finance: A South African Perspective

Second Edition

Edited by Else Gideon, Elda du Toit, Pierre Erasmus, Liezel Kotzé, Sam Ngwenya, Kevin Thomas, and Suzette Viviers

Description

Corporate Finance: A South African perspective 2e takes a fresh principles-based approach to the study of financial management. It is aimed at second and third-year students following courses in financial management in BCom or BBusSc degree programmes.

The book explains financial management concepts and practice in an accessible and concise way, while supporting students with plenty of practice examples and illustrations of real-life application.

Corporate Finance features:

- Opening and closing case studies of international as well as South African companies to help students analyse financial theory in context.

- Worked examples and end-of-chapter questions to provide essential practice in financial calculations.

- Solutions section at the end of the book to facilitate self-study.

- Ethics case studies, which create awareness of ethical dilemmas students may encounter in practice.

- 'Finance in action' boxes, which provide practical advice from financial managers, exposing students to real financial decision-making.

- Revision quizzes, which test key concepts.

- Examples of financial statements build on students' understanding of accounting and develop financial literacy.

- A glossary of key concepts in English and in Afrikaans at the end of each chapter.

Corporate Finance: A South African Perspective

Second Edition

Edited by Else Gideon, Elda du Toit, Pierre Erasmus, Liezel Kotzé, Sam Ngwenya, Kevin Thomas, and Suzette Viviers

1:Introduction to corporate financial management
2:Financial statements
3:Ratio analysis
4:The time value of money
5:Investment appraisal methods
6:Estimating relevant cash flows
7:Appraising investment risk
8:Bond valuation and interest rates
9:Share valuation
10:Risk and return
11:Cost of capital
12:Capital structure
13:Dividend policy
14:Working-capital management

Corporate Finance: A South African Perspective

Second Edition

Edited by Else Gideon, Elda du Toit, Pierre Erasmus, Liezel Kotzé, Sam Ngwenya, Kevin Thomas, and Suzette Viviers

Author Information

Edited by Else Gideon, Elda du Toit, Lecturer, Department of Financial Management, University of Pretoria, Pierre Erasmus, Associate Professor, Department of Business Management, University of Stellenbosch, Liezel Kotzé, Lecturer, Department of Business Management, University of the Free State, Sam Ngwenya, Senior Lecturer, Department of Finance and Risk Management and Banking, University of South Africa, Kevin Thomas, Senior Lecturer, Department of Finance and Investment Management, University of Johannesburg, and Suzette Viviers, Senior Lecturer, Department of Business Management, University of Stellenbosch