Books in the Financial Management Association Survey and Synthesis series

The current financial crisis has caused many of us to question the motives and actions that drive the business world, even the basic notion that firms should be run so as to maximize shareholder value has come under increasing scrutiny. Very simply, the failures of some of our nation's most venerable financial institutions has called into question the very premise of Value based Management (VBM). Moreover, lavish CEO compensation coming a time when rank and fileemployees, suppliers and other stakeholders of these corporations are suffering has produced public outrage. In this book the authors provide an up-to-date look at Value Based Management and find that the underlying concept is as sound today as ever.

This is a guide to managing corporate debt, helping practitioners in the US and international debt markets to make confident debt-management decisions. It looks at the two stage of debt management, covers how to design debt issues, bond redemptions, bond valuation methodologies and derivatives.

This work provides the investing public, real estate practitioners, regulators and real estate and finance academics with up-to-date information on what modern scholarly research tells us about Real Estate Investment Trusts (REITs).

Explains everything you need to know for successful management of various pension plans. This is a useful resource for pension fund trustees, boards of directors, managers, and administrators of both public and private pension plans, as well as for the money management firms, consultants, actuaries, and accountants.

This book is about the real options approach to strategic investments, showing how to capitalize on uncertainty through strategic investments, contracts, and use of the financial markets.

This guide challenges the belief that corporate executives and financial analysts should dismiss dividend policy as irrelevant to shareholder wealth. The authors argue that dividend policy does not matter and cite examples to show how dividend policy decisions play out in the marketplace.