Business Finance Theory and Practice

Now in its 6th edition, Business Finance by Eddie McLaney serves as an accessible introduction to financial decision making in businesses. Taking a user's perspective it explores the type of investments a company should make and how they should be financed. This highly successful textbook blends the theoretical, analytical and practical aspects of the subject, providing an up-to-date introduction to finance and investment. This 6th edition of 'Business Finance' has a more real-world flavour, featuring additional practical examples, new questions, cases, recent research and a comprehensive website. With the successful blend of theory and application, the book explores the theories surrounding financial decision making and relates these theories to what happens in the real world. Business Finance 6th edition is suitable for undergraduates in accounting and finance and for those on finance and financial management courses. It is also appropriate for postgraduate students with an option in accounting and finance and will be highly useful for professional accounting students. - New material on value-based management.;- Fully revised and updated empirical research findings and practical examples adding a real world focus. - Dedicated website featuring weblinks for students and longer discursive. questions and cases with solutions to assist future study - Glossary of key terms for additional support. - Additional worked examples. - Solid theoretical underpinning in an easily accessible form. - Excellent blend of theory and practice with offering a comprehensive insight into the decision making process within finance and investment. - Exploration into, and explanation of any divergence between theory and practice. - Review questions at the end of each chapter to assist student development. - Computational problems, graded from basic to advanced, giving the opportunity for further study.