Intermediate Financial Management
15th Edition
Published on 23. January 2026
Book
Hardback
1200 pages
979-8-214-05681-4 (ISBN)
Description
Understand the financial challenges facing businesses today -- and the best solutions -- with the only book written specifically for intermediate or advanced corporate finance courses, "Intermediate Financial Management," 15th Edition. Authors Gene Brigham and Phillip Daves' reader-friendly text blends in-depth discussions of core financial management issues with current coverage of topics reshaping finance today. The text balances theory with practical applications, using corporate valuation as a unifying theme to emphasize the theoretic groundwork for value maximization. Integrated, extensive financial analytics cases, Excel (R) tools and spreadsheet models work with recent examples, mini-cases and exercises to illustrate how financial theory in practice leads to stronger financial decisions. MindTap digital resources help you master the concepts and skills to analyze business decisions.
More details
Edition
15th edition
Language
English
Place of publication
Florence
United States
Publishing group
Cengage Learning, Inc
Target group
College/higher education
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 251 mm
Width: 203 mm
Thickness: 53 mm
Weight
2703 gr
ISBN-13
979-8-214-05681-4 (9798214056814)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Previous edition
Eugene Brigham | Phillip Daves
Intermediate Financial Management
Book
03/2021
14th Edition
South-Western College Publishing
€394.50
Shipment within 15-20 days
Persons
For the last 20 years of his career, Dr. Eugene F. Brigham was a graduate research professor emeritus at the University of Florida, where he taught since 1971. He received his MBA and Ph.D. from the University of California-Berkeley and his undergraduate degree from the University of North Carolina. Prior to joining the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin and the University of California-Los Angeles. A former president of the Financial Management Association, he wrote many journal articles on the cost of capital, capital structure and other aspects of financial management. He authored or co-authored 10 textbooks on managerial finance and managerial economics that are used at more than 1,000 universities in the United States and have been translated into 11 languages worldwide. In addition to his academic writing, Dr. Brigham taught, consulted and completed research. He served as a consultant to many corporations and government agencies, including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy and the RAND Corp. He also testified as an expert witness in numerous electric, gas and telephone rate cases at both federal and state levels. Prior to his death in 2024 as this text was being finalized, Dr. Brigham spent his spare time on the golf course, enjoying time with his family and dogs and tackling outdoor adventure activities such as biking through Alaska. Dr. Phillip R. Daves is an associate professor of finance at the University of Tennessee in Knoxville. His research interests encompass health care finance, asset pricing, derivative securities and dividend policy. He has published papers in The Journal of Finance, The International Journal of Finance, Applied Financial Economics, Journal of Financial Practice and Education and The Journal of Financial and Strategic Decisions. Dr. Daves teaches at the undergraduate, MBA and Ph.D. levels, where his special interests in teaching include health care finance, investments, financial management and asset pricing. He consults for a range of large and small companies as well as the state of Tennessee. His consulting focuses on business valuation, compensation, value-based management and health care policy. Dr. Daves received his BA in economics from Davidson College, his MS in mathematics and his Ph.D. in finance from the University of North Carolina at Chapel Hill.
Content
Part I: FUNDAMENTAL CONCEPTS OF CORPORATE FINANCE.
1. An Overview of Financial Management and the Financial Environment.
2. Risk and Return: Part I.
3. Risk and Return: Part II.
4. Bond Valuation.
5. Financial Options.
6. Accounting for Financial Management.
7. Analysis of Financial Statements.
Part II: CORPORATE VALUATION.
8. Corporate Valuation and Stock Valuation.
9. Corporate Valuation and Financial Planning.
10. Corporate Governance.
11. The Cost of Capital.
Part III: PROJECT VALUATION.
12. Capital Budgeting: Decision Rules.
13. Capital Budgeting: Estimating Cash Flows and Analyzing Risk 5.
14. Real Options.
Part IV: STRATEGIC FINANCING DECISIONS.
15. Distributions to Shareholders: Dividends and Repurchases.
16. Capital Structure Decisions.
17. Dynamic Capital Structures and Corporate Valuation.
Part V: TACTICAL FINANCING DECISIONS.
18. Initial Public Offerings, Investment Banking, and Financial Restructuring.
19. Lease Financing.
20. Hybrid Financing: Preferred Stock, Warrants, and Convertibles.
Part VI: WORKING CAPITAL MANAGEMENT.
21. Supply Chains and Working Capital Management.
22. Providing and Obtaining Credit.
23. Other Topics in Working Capital Management.
Part VII: SPECIAL TOPICS.
24. Enterprise Risk Management.
25. Bankruptcy, Reorganization, and Liquidation.
26. Mergers and Corporate Control.
27. Multinational Financial Management.
28. Fintech in Financial Markets.
29. Basic Financial Tools: A Review.
30. Time Value of Money.
31. Pension Plan Management.
32. Financial Management in Not-for-Profit Businesses.
Part VIII: CORE FINANCE TOPICS AND SAMPLE AI PROJECTS.
Extensions.
Extension 1A: An Overview of Derivatives.
Extension 2A: Continuous Probability Distributions.
Extension 4A: Zero Coupon Bonds, Original Issue Discount Bonds, and Original Issue Premium Bonds.
Extension 4B: Bond Valuation Between Coupon Payment Dates.
Extension 4C: Treasury Inflation- Protected Securities (TIPS).
Extension 4D: Bond Risk and Duration.
Extension 4E: The Pure Expectations Theory and Estimation of Forward Rates.
Extension 6A: The Federal Income Tax System for Individuals.
Extension 8A: Derivation of Valuation Equations.
Extension 11A: Estimating the Required Return on the Market with the Dividend Growth Model: The Impact of Stock Repurchases and Nonconstant Short-Term Growth.
Extension 14A: The Abandonment Real Option.
Extension 14B: Risk-Neutral Valuation.
Extension 16A: Capital Structure Theory: Arbitrage Proofs of the Modigliani-Miller Theorems.
Extension 16B: Bond Refunding.
Extension 17A: Projecting Consistent Debt and Interest Expenses.
Extension 18A: Rights Offerings.
Extension 19A: Percentage Cost Analysis.
Extension 19B: Leveraged Leases.
Extension 20A: Calling Convertible Issues.
Extension 21A: Secured Short-Term Financing.
Extension 25A: Multiple Discriminant Analysis.
Extension 30A: Derivation of Annuity Formulas.
1. An Overview of Financial Management and the Financial Environment.
2. Risk and Return: Part I.
3. Risk and Return: Part II.
4. Bond Valuation.
5. Financial Options.
6. Accounting for Financial Management.
7. Analysis of Financial Statements.
Part II: CORPORATE VALUATION.
8. Corporate Valuation and Stock Valuation.
9. Corporate Valuation and Financial Planning.
10. Corporate Governance.
11. The Cost of Capital.
Part III: PROJECT VALUATION.
12. Capital Budgeting: Decision Rules.
13. Capital Budgeting: Estimating Cash Flows and Analyzing Risk 5.
14. Real Options.
Part IV: STRATEGIC FINANCING DECISIONS.
15. Distributions to Shareholders: Dividends and Repurchases.
16. Capital Structure Decisions.
17. Dynamic Capital Structures and Corporate Valuation.
Part V: TACTICAL FINANCING DECISIONS.
18. Initial Public Offerings, Investment Banking, and Financial Restructuring.
19. Lease Financing.
20. Hybrid Financing: Preferred Stock, Warrants, and Convertibles.
Part VI: WORKING CAPITAL MANAGEMENT.
21. Supply Chains and Working Capital Management.
22. Providing and Obtaining Credit.
23. Other Topics in Working Capital Management.
Part VII: SPECIAL TOPICS.
24. Enterprise Risk Management.
25. Bankruptcy, Reorganization, and Liquidation.
26. Mergers and Corporate Control.
27. Multinational Financial Management.
28. Fintech in Financial Markets.
29. Basic Financial Tools: A Review.
30. Time Value of Money.
31. Pension Plan Management.
32. Financial Management in Not-for-Profit Businesses.
Part VIII: CORE FINANCE TOPICS AND SAMPLE AI PROJECTS.
Extensions.
Extension 1A: An Overview of Derivatives.
Extension 2A: Continuous Probability Distributions.
Extension 4A: Zero Coupon Bonds, Original Issue Discount Bonds, and Original Issue Premium Bonds.
Extension 4B: Bond Valuation Between Coupon Payment Dates.
Extension 4C: Treasury Inflation- Protected Securities (TIPS).
Extension 4D: Bond Risk and Duration.
Extension 4E: The Pure Expectations Theory and Estimation of Forward Rates.
Extension 6A: The Federal Income Tax System for Individuals.
Extension 8A: Derivation of Valuation Equations.
Extension 11A: Estimating the Required Return on the Market with the Dividend Growth Model: The Impact of Stock Repurchases and Nonconstant Short-Term Growth.
Extension 14A: The Abandonment Real Option.
Extension 14B: Risk-Neutral Valuation.
Extension 16A: Capital Structure Theory: Arbitrage Proofs of the Modigliani-Miller Theorems.
Extension 16B: Bond Refunding.
Extension 17A: Projecting Consistent Debt and Interest Expenses.
Extension 18A: Rights Offerings.
Extension 19A: Percentage Cost Analysis.
Extension 19B: Leveraged Leases.
Extension 20A: Calling Convertible Issues.
Extension 21A: Secured Short-Term Financing.
Extension 25A: Multiple Discriminant Analysis.
Extension 30A: Derivation of Annuity Formulas.