Unlocking the Future of Financial Management

Discover the groundbreaking changes that await the world of finance. In the year 2005, all publicly-listed European firms will revolutionize their financial reporting by adopting the 'fair value method.' Traditional accounting practices will be cast aside to make way for a new methodology where market values take center stage. This shift signifies a profound transformation in how firms, investors, analysts, and other stakeholders perceive cash flows and risks.

A New Era of Market Value

Embrace the growing significance of market values in the financial landscape. Understanding the interplay between financial markets and decision-making processes is crucial for both business enterprises and non-profit organizations. Strengthen your connection with financial market participants through effective Investor Relations management, ensuring they are well-informed and confident in your organization.

Advancing Corporate Governance

Explore the rising importance of corporate governance alongside the expanding relationship between businesses and financial markets. Gain insights into capital structure and its pivotal role in shaping the financial market landscape through a comprehensive cash-flow-based approach. Valuing financial securities based on their net present value of future cash flows is the way forward in this dynamic economic climate.

Empowering Financial Professionals

Whether you are a student of financial management or a practitioner making critical financial decisions, this book is a must-have resource. Delve into the depths of capital structure, financial markets, and the intricacies of cash-flow-based valuation. Written by esteemed finance professor, Dr. André B. Dorsman, Ph.D., this book is designed to equip you with the knowledge and expertise needed to navigate profit and non-profit environments with confidence.

Join the revolution and unlock the future of financial management with this indispensable guide. Dr. André B. Dorsman, Ph.D., is a distinguished professor of finance at Nyenrode University and a valued member of the Economic Faculty at the prestigious Free University Amsterdam.