Principles of Corporate Finance

Description

ISBN: 9781260565553 is an International Student Edition of Principles of Corporate Finance 13th Edition by: Richard A Brealey, Stewart C Myers and Franklin Allen This ISBN is Textbook only. It will not come with online access code. The content of of this title on all formats are the same. Brealey, Principles of Corporate Finance, 13e, describes the theory and practice of corporate finance. We hardly need to explain why financial managers have to master the practical aspects of their job, but we should spell out why down-to-earth managers need to bother with theory. Throughout this book, we show how managers use financial theory to solve practical problems. Much of this book is concerned with understanding what financial managers do and why. But we also say what financial managers should do to increase company value. Some of the biggest changes in this edition were prompted by the tax changes enacted in the U.S. Tax Cuts and Jobs Act passed in December 2017. In the current edition, we have also continued to augment the international content as well as a number of chapters that have been thoroughly rewritten. For example, the material on agency issues in Chapter 12 has been substantially revised. Chapter 13 on market efficiency and behavioral finance is now fresher and more up to date. Chapter 23 on credit risk focuses more on the practical issues of forecasting default probabilities. Review: Must read for Finance degree, and just a great textbook overall. - I have literally never written a review for a textbook before but in my opinion the authors of this book went above and beyond. This textbook was required reading for my Corporate Finance class and I think I would have learned about 10% from the class without reading this... the authors do a great job tackling this complicated subject and add quite a bit of humor and levity at key moments. I really enjoyed every chapter and found myself even reading chapters that weren't assigned!! Who does that?? Importantly I also have worked in Finance for years and found I still had so many a-ha moments where concepts finally clicked that I have struggled with for years. This textbook and others like it are the reason to take classes rather than watch a bunch of YouTube videos - though you can do that too! It just gave me such a deeper understanding of Finance than I would have had otherwise. Thank you authors Brealey, Myers and Allen!!! By the way my textbook arrived in perfect condition, though I see many other reviewers didn't have that experience. Review: It delivers the concept - Concepts are helpful but There are too many formula which are theoretically not handy and not applicable in real life