(2)
This cutting-edge financial casebook is divided into four modules: Structuring Projects, Valuing Projects, Managing Project Risk, and Financing Projects. The cases have been carefully selected to reflect actual use of project finance over the past five years in terms of geographic location (the cases come from 15 different countries) and industrial sectors. Benjamin Esty, of the Harvard Business School, is one of the leading scholars in project finance. Project finance is becoming the financing mechanism of choice for many private firms. Cases require the reader to integrate knowledge from multiple disciplines when making a single managerial decision. This integration of functional areas such as strategy, operations, ethics, and human resource management encourages the reader to adopt a more integrative perspective and understanding of the interconnectedness of managerial decision-making.
(4)
(2)In the mid 1990s, at a vast hotel complex on a private Florida beach, dozens of bankers from JP Morgan gathered for what was to become a legendary off-site meeting. It was a wild weekend. But among the drinking, nightclubbing and fist-fights lay a more serious purpose - to assess the possibility of building a business around the new-fangled concepts of credit derivatives. The group at the heart of this revolution was an intense team, made up of individuals with a supreme sense of loyalty to each other and to the bank - for years, nothing could break them apart. But when, finally, the team dispersed, the innovations spread far beyond their original intentions, producing perversions in the mortgage market that ultimately culminated in disaster. Part real-life thriller, part investigation and expose, this searing narrative takes us deep inside the shadowy world of complex finance - a perfect storm for the credit crunch
(5)
Morris Goldstein is the Project Director of this Report of an Independent Commission Sponsored by the Council on Foreign Relations.
Springtime 1998 and 13 million shoppers a week were pouring through the doors of Marks & Spencer's 286 British Stores. More important, those customers were pouring out again laden with bright green shiny plastic bags bulging with M&S clothes, food and homeware. That May, one of the sunniest and driest on record, directors and store managers alike were bedazzled by the figures. Business had rarely been better for Britain's largest and most trusted retailer ...And so, Marks & Spencer, 114-years old and the second most profitable retailer in the world, the subject of three Harvard Business School case studies, five times winner of the Queen's award for Export Achievement and with cupboards groaning with trophies for managerial excellence, steamed on full-throttle towards the iceberg ...Who could have guessed that within two short years the company's reputation would be smashed, perhaps irretrievably, or that all but one of the 16 executive directors would have gone, consigned to the dustbin of corporate history? Who would have believed that branding experts would compare the name of Marks & Spencer to Rover as an example of a British brand that had lost all credibility? And who could have foreseen that learned commentators would be dismissing Marks & Spencer, along with the Tory party, the Monarchy and the Church of England, as one of those national institutions that had ceased to have any relevance to life in modern Britain?
Hardcover
KEY BENEFIT This book teaches readers how to build financial models with step-by-step instructions in Excel. KEY TOPICS Progressing from simple examples to practical, real-world applications, this book covers the time value of money, valuation, capital budgeting, financial planning, and options and corporate finance. MARKET For financial planners and analysts.
