Fully updated to reflect changes in the rules and regulations governing corporate finance, including the Sarbanes-Oxley Act, passed in 2002. The new edition discusses this act and its implications in detail, and features new sections on risk management, corporate governance, real options, and behavioral finance. --from publisher description.

"This series is designed to cover all aspects of sound financial management for local governments in developed and developing countries and economies in transition. Concepts of good governance, transparency and accountability are woven into the text of every chapter, and the needs and potential obstacles to greater decentralization and democracy are highlighted. Each volume is self-contained with its own Trainer's Guide, exercises and web resources. Chapters are divided into basic and advanced concepts and the detailed relationship of each topic to the others covered in the series is explained"--Publisher's description.