Principles of Managerial Finance

Key differences between 14th and 13th editions

• Time lapse between current and previous publications: 3 years (2014 vs 2011).
• The First edition of Gitman/Zutter's Principles of Managerial Finance was published in 1976.
• Major content changes in the Fourteenth Edition:
• Chapter 1:
• New Matter of Fact box topic "Firms Accelerate Dividends so Shareholders Save on Taxes"
• New Focus on Ethics box "Critics See Ethical Dilemmas in Google Glass?"
• New discussion on Ethics and Share Price
• Chapter 2:
• Fresh chapter-opening vignette "A Crisis in Housing Finance - Under Water in the Desert"
• Chapter 3:
• Fresh chapter-opening vignette "General Dynamics - Ratios Tell the Story of a Well-Managed Firm"
• New discussion on Debt-to-Equity Ratio
• Chapter 4:
• Fresh chapter-opening vignette "European Aeronautic Defense and Space Co. - Making a Profit While Bleeding Cash"
• Chapter 5:
• Fresh chapter-opening vignette "City of Cincinnati - Pay Me Now or Pay Me Later"
• Excel Review Questions
• Chapter 6:
• New Matter of Fact box topic "Bond Yields Hit Record Lows"
• Chapter 7:
• Fresh chapter-opening vignette "Tesla Motors - Going Green to Find Value"
• Two new Matter of Fact box topics "Did Tax Cuts Stimulate Dividends?" and "The Value of Speed"
• Chapter 8:
• Fresh chapter-opening vignette "Legg Mason Global Asset Management - Miller's Time"
• Chapter 9:
• Fresh chapter-opening vignette "Alcoa - Falling Short of Expectations"
• Excel Review Questions
• Chapter 10:
• Fresh chapter-opening vignette "Seafield Resources - The Gold Standard for Evaluating Gold Mines"
• New Matter of Fact box topic "Payback in Europe"
• Chapter 11:
• Fresh chapter-opening vignette "Diamond Comic Distributors - A Superhero for Retailers"
• New Matter of Fact box topic "Europeans Squeeze Working Capital"
• Chapter 12:
• Fresh chapter-opening vignette "YPF - Argentina Siezes Oil Company from Spanish Owners"
• Chapter 13:
• Fresh chapter-opening vignette "Lowe's - Lowe's Builds Leverage"
• Chapter 14:
• Fresh chapter-opening vignette "Whirlpool Corporation - Increasing Dividends"
• Chapter 15:
• Fresh chapter-opening vignette "Treasury Risk Survey 201 - Worries about Liquidity Occupy the Minds of Treasury Managers"
• New Matter of Fact box topic "USPS Problems Create Opportunities for Banks"
• Chapter 16:
• Fresh chapter-opening vignette "FastPay - Getting Cash into the Hands of Online Media Companies"
• New Matter of Fact box topic "Receivables Trading"
• Chapter 17:
• Fresh chapter-opening vignette "Nokia Corporation - Nokia Calls on Convertible Bond Market for Help"
• Chapter 18:
• Fresh chapter-opening vignette "Dell, Inc. - Carl Icahn and Founder Michael Dell Fight for Computer Maker"
• Chapter 19:
• Fresh chapter-opening vignette "Air New Zealand - Kiwis Flying High on Currency Gains"