November 2014
Intermediate to advanced
1000 pages
31h 57m
English
book
Corporate Finance, 4th Edition
by Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
Content preview from Corporate Finance, 4th Edition
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Part TwoManaging working capital, cash flows and financial risks
In this section, readers will understand that what may at first glance appear to be of little interest is in fact crucial for the sound financial management of a firm. The management of flows is one of the elements that optimise working capital and the reduction of capital employed by the firm. It makes it possible to “track cash” which is an advance indicator of results and of potential operational problems. Management of financial risks is indispensable in a complex and volatile world in order to prevent such risks impacting on the firm, or threatening its development or even its survival.
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