Business financial - B. K. R Watts

Providing an analysis of the current industrial structure, investment and financial management, this edition includes explanations of the mechanisms of the unlisted securities market, referals to the OFT, the credit business, finance of foreign trade, and small business finance. The text also deals with the following key issues: the analysis of the cause and consequences of recent corporate collapses; the impact of the debt burden on company performance and the assessment of realistic borrowing levels from the viewpoint of banks and company managers; the value of Dupont analysis in budget preparation for profit and cost centre managers; the role of Key Performance Indicators (KPIs) in both planning and monitoring performance for revenue and cost centre managers in the private and public sectors; the role and influence of the EC on merger and take-over activity in the UK; the effect of privatization on the UK's economic structure; and updates economic and financial statistics and recent developments in the UK capital and financial managements.;Students preparing for the Diploma in Management Studies exams, as well as those of the ICA, ACCA and CIMA, should find this text of use.