Principles of Corporate Finance
Hardcover, 12th edition
|Author||Richard Brealey, Stewart Myers, Franklin Allen|
|Series||McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate|
|January 5, 2016 (12th edition)|
|Media type||Print, e-book|
|Followed by||Fundamentals of Corporate Finance|
Principles of Corporate Finance is a reference work on the corporate finance theory edited by Richard Brealey, Stewart Myers, and Franklin Allen. The book is one of the leading texts that describes the theory and practice of corporate finance. It was initially published in October 1980 and now is available in its 12th edition. Principles of Corporate Finance has earned loyalty both as a classroom tool and as a professional reference book.
The book covers a wide range of aspects relevant to corporate finance, illustrated by examples and case studies. The text starts with explaining basic finance concepts of value, risk, and other principles. Then the issues become more and more complex, from project analysis and net present value calculations, to debt policy and option valuation. Other discussed topics include mergers and acquisitions, principal–agent problems, credit risk, working capital management, etc. The book concludes with a discussion on the current limitations of the corporate finance theory.