"This book describes the need for and sources of business finance. It analyses the need to achieve a suitable balance between cash surplus, new equity funding and borrowing, necessary to ensure that any business can flourish. Looking at different types of company and showing by example, the text shows how managers need to decide the appropriate mix according to the needs of the business.".

"Having assessed the need to balance forms of business finance, it proceeds to describe debt, equity and hybrid financial instruments with a view to achieving an optimal capital structure, concluding with a description of debt management and refinancing."--BOOK JACKET.