This book presents the latest in financial theory and retains a strong real world connection with a practical perspective. The style of the book is lighthearted yet the writing and content is concise, clear and easy to understand. It takes a true valuation approach by focusing on what creates value, what destroys it, and explores the relationship between value and risk. International context is woven throughout the text, including the financial troubles in Asia, the EU and EMU and an introduction to the euro. The World of Finance. Essential Concepts in Finance. Long Term Financial Management Decisions. Short Term Financial Management Decisions. Finance in the Global Economy. For anyone interested in improving or refreshing their knowledge of financial management.