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Principles of managerial finance

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Principles of Managerial Finance by Gitman, Lawrence J.

12 pages, Hardcover

First published January 1, 1976

117 people are currently reading
1575 people want to read

About the author

Lawrence J. Gitman

150 books20 followers

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5 stars
162 (39%)
4 stars
119 (29%)
3 stars
73 (17%)
2 stars
32 (7%)
1 star
24 (5%)
Displaying 1 - 30 of 30 reviews
Profile Image for Haytham Badawey.
115 reviews32 followers
April 28, 2013
I think this book is outstanding, the chapters are well organized, the learning goals are highlighted and illustrated and very well presented. The colors, graphics, and illustrations are very helpful.

The solved examples are very well designed and explained.

This book helped me in my postgraduate diploma in business administration.
Profile Image for Mia Rarasputri.
13 reviews1 follower
March 20, 2011
My college book. Hehe. Bisa dibilang ini buku wajib dibaca dan hapal luar kepala!! Udah kaya pacaran sih klo sm kamu mah Gitman. hahahaha
1 review2 followers
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July 27, 2011
its important for me
Profile Image for Mark Oppenlander.
904 reviews27 followers
September 23, 2013
This is a decent textbook inasmuch as it presents in a straightforward and understandable fashion the basic formulas, concepts and theories associated with managerial finance. It is somewhat dry, but not as bad as some textbooks on primarily technical topics.

My low rating for this book is due to the fact that the author attempts to drive home the point that the finance manager's sole job in a firm is to maximize wealth for the shareholder. Each chapter ends with a reiteration of this point, demonstrated in relationship to the current chapter's financial concept. Such narrowness of thinking is popular with those who want to solve the "agency problem" of business, but it is also just such myopia that leads finance managers to financial misdeeds which then precipitate lawsuits, government bailouts, companies going belly-up and even global economic crises.

I was in conversation with a Microsoft executive who had recently come back from a trip to London. He said that in speaking with his CEO friends over there that the "shareholder first" model of capitalism was "basically dead." Most folks have adopted some variation of a stakeholder theory or even a stewardship model. This is more complex and makes teaching good ethics in finance harder. But it is more authentic to the ambiguity to be found in the actual practice of running a business.

Gitman's book seems to be out of step with current thought in business and even current trends in management education. Perhaps he really believes in shareholder first thinking. If so, I wouldn't want him as the CFO of a company I owned.
1 review2 followers
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June 15, 2015
Managerial Finance is very helpful book for Business Students.
99 reviews1 follower
December 28, 2017
Pretty straightforward in presenting new concepts and information. It covered a wide range of topics and would be helpful for students going into a MBA program.
Profile Image for alexcuetodo.
30 reviews40 followers
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March 29, 2020
Sin este libro no hubiera aprobado las materias mas importantes de mi postgrado en finanzas. Es una joya por la claridad de sus cálculos y su profundidad.
Profile Image for Sandy.
310 reviews
March 1, 2017
If you need/want to read a finance textbook this is a pretty good one. The use of examples throughout the text is very helpful.
1 review
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February 17, 2017
i wanna read this book
This entire review has been hidden because of spoilers.
Profile Image for Steve.
962 reviews110 followers
March 12, 2013
One of the best textbooks in my MBA program. Very well-written, easy to understand. I high recommend this book for any MBA student, or even those wishing to learn about the concepts and theories of managerial finance.
Profile Image for Mahia.
5 reviews
May 26, 2015
Good examples, most interesting sections are the short blurb on how each chapter applies to various companies. Contains Excel and Calculator guides for concepts as well, and great example questions. Used for my Managerial Finance course at Uni.
Profile Image for Tharina.
41 reviews27 followers
October 4, 2012
Very complicated formulas, unnecessary if you ask me. I simplified the formulas and did not have any problem with exercises. I really find this American handbooks boring beyond belief.
Profile Image for Kamran Rasool.
1 review
January 10, 2013
This book really good for understanding the concepts of managerial finance.
This entire review has been hidden because of spoilers.
Profile Image for Aigul.
9 reviews1 follower
March 25, 2013
i have some questions . anybody can help me with some math ? afraid to get D or even worse F on my exams
31 reviews15 followers
May 30, 2016
If looking for mainstream concepts this is the book to read.
A ton of info.
Still have it - use for reference on some things to make decisions.
Displaying 1 - 30 of 30 reviews

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