This phrase refers to a widely used textbook for introductory courses in corporate finance. The publication aims to present core principles of financial decision-making within companies. For example, it covers concepts such as capital budgeting, valuation, risk management, and working capital management using real-world scenarios and examples.
The resource’s significance lies in its ability to provide a structured and accessible introduction to the complexities of corporate financial strategy. Its benefit is that it equips students and professionals with a robust framework for analyzing financial problems and making informed decisions. The consistent availability of updated editions ensures its relevance within the evolving landscape of finance theory and practice.
