Modern Financial Investment Management

Ephraim Matanda

Informasi Umum

Kode

21.21.1950

Klasifikasi

658.15 - Financial management, Insolvency, Bankruptcy, Valuation of businesses, Financial Decision making, Financial planning

Jenis

Buku - Elektronik (E-Book)

Subjek

Financial Management, Investment,

No. Rak

Dilihat

239 kali

Informasi Lainnya

Abstraksi

The author of the book, Modern Financial Investment Management, is a senior lecturer in Banking and Finance at the Great Zimbabwe University, Masvingo, Zimbabwe. It was the author’s observation that most developing economies the world over have failed to align their development processes towards the sustainable development path because of lack of financial resources and/or financial investment strategies.

The book is structured in such a way that it starts off with conventional notions of finance where operations of money and capital markets are put forward before the examination of financial models such as capital asset pricing, arbitrage pricing, and three factor and simple index models. Countries are introduced to conventional financial securities, mainly certificates of deposit, bills, bonds and shares or stocks which can be traded on financial markets and their indispensable use in the growth and development of nations. The book proceeds to evaluate the need for perfect and efficient market systems in an economy before considering the benefits that developing countries would draw from the introduction of derivative markets. Some of the specific benefits that countries would draw from the introduction of derivative markets were the improved financialization of the economy, efficiency, transparency, discipline, innovation and technical progress. Most developing countries have very shallow conventional financial markets yet on the other hand had abundant resource endowments which favoured the introduction of derivative markets immediately.

The book concludes by exploring the framework on the acquisitions and mergers of financial firms and how these can be exploited in order to rescue small firms from liquidation and financial distress and/or lure much needed foreign capital for economic growth and development.