"This book describes an integrated capital appraisal procedure that is commanding increasing attention in the academic world, industry, commerce and the professions. The financial appraisal profile (FAP) model has been written about and discussed widely in professional literature. FAP bridges the gap between the formal rigour of conventional investment appraisal techniques, the management of risk and the strategic posture of the firm. This book offers the definitive account of the FAP model and discusses many of the practical issues involved in its implementation. It is necessary reading for financial managers, professional students and academics."--BOOK JACKET.