Includes bibliographical references and index.

Machine generated contents note: 1.The Role of Managerial Finance -- 1.1.Finance and Business -- What Is Finance? -- Opportunities in Finance -- Legal Forms of Business Organization -- Why Study Managerial Finance? -- Review Questions -- 1.2.Goal of the Firm -- Maximize Shareholder Wealth -- Maximize Profit? -- What About Stakeholders? -- The Role of Business Ethics -- Ethics and Share Price -- In Practice: Focus on Ethics: Critics See Ethical Dilemmas in Google Glass? -- Review Questions -- 1.3.Managerial Finance Function -- Organization of the Finance Function -- Relationship to Economics -- Relationship to Accounting -- Primary Activities of the Financial Manager -- Review Questions -- 1.4.Governance and Agency -- Corporate Governance -- The Agency Issue -- Review Questions -- Summary -- Self-Test Problem -- Warm-Up Exercises -- Problems -- Spreadsheet Exercise -- 2.The Financial Market Environment -- 2.1.Financial Institutions and Markets -- Financial Institutions