Significantly revised and updated, this second edition of Financial Strategy is vital reading not only for MBA and advanced undergraduate students of "Financial Strategy" and Financial Management, but also for finance professionals. The majority of articles and case studies in this edition are new and reflect recent developments in financial strategy, which have added value to" organizations and improved their performance. Combining both finance and accounting articles and covering the public and private sectors, the book addresses issues relevant to UK and US listed companies as well as an international audience. Key themes addressed are: Trends in finance theory. Adding value through investment, financing and risk management. Measuring performance. Corporate governance.