20 Best Books On Corporate Finance (2023 Update)

For mba/graduate students taking a course in corporate finance. an emphasis on core financial principles to elevate individuals' financial decision making using the unifying valuation framework based on the law of one price, top researchers jonathan berk and peter demarzo have set the new canon for corporate finance textbooks. corporate finance blends coverage of time-tested principles and the latest advancements with the practical perspective of the financial manager, so students have the knowledge and tools they need to make sound financial decisions in their careers. for a streamlined book specifically tailored to the topics covered in the first one-semester course, corporate finance: the core is also available by jonathan berk and peter demarzo. note: you are purchasing a standalone product; myfinancelabtm does not come packaged with this content. students, if interested in purchasing this title with myfinancelab, ask your instructor for the correct package isbn and course id.

Must-read book for those starting a career in investment banking and asset management. written for professionals by finance professionals. this book gives a thorough grounding in corporate finance principles as they apply to current valuation methods, including comparable companies, precedent transactions, dcf, and lbo analysis, as well as m&a accretion/dilution analysis. the book was written by the authors for use as a core text in master's in finance courses at university of london, england. jesse mcdougall and patrick boyle have worked in finance since the late 1990's at international investment banks and hedge funds. jesse mcdougall has worked in corporate finance advisory for a major canadian investment bank, and in merger arbitrage for a barclays' investment banking arm.

An accessible guide to the essential issues of corporate finance while you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. value explores the core of corporate finance without getting bogged down in numbers and is intended to give managers an accessible guide to both the foundations and applications of corporate finance. filled with in-depth insights from experts at mckinsey & company, this reliable resource takes a much more qualitative approach to what the authors consider a lost art. discusses the four foundational principles of corporate finance effectively applies the theory of value creation to our economy examines ways to maintain and grow value through mergers, acquisitions, and portfolio management addresses how to ensure your company has the right governance, performance measurement, and internal discussions to encourage value-creating decisions a perfect companion to the fifth edition of valuation, this book will put the various issues associated with corporate finance in perspective.

Find all of the following, explained in plain-english: what is corporate finance? what's the difference between finance and accounting? methods for raising capital (borrowing, selling equity)dividend policy – capital structure, weighted-average cost of capital – forecasting cash flows – time value of money (future value, present value, discount rate)net present value (npv), internal rate of return (irr), and other capital budgeting methods – bond valuation – stock valuation – market efficiency

Principles of corporate finance is the worldwide leading text that describes the theory and practice of corporate finance. throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. the text is comprehensive, authoritative, and modern and yet the material is presented at a common sense level. the discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humor for which the book is well known and highly regarded. this text is a valued reference for thousands of practicing financial managers.

Principles of corporate finance is the worldwide leading text that describes the theory and practice of corporate finance. throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. the text is comprehensive, authoritative, and modern and yet the material is presented at a common sense level. the discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humor for which the book is well known and highly regarded. this text is a valued reference for thousands of practicing financial managers.

A clear and comprehensive guide to financial modeling and valuation with extensive case studies and practice exercises corporate and project finance modeling takes a clear, coherent approach to a complex and technical topic. written by a globally-recognized financial and economic consultant, this book provides a thorough explanation of financial modeling and analysis while describing the practical application of newly-developed techniques. theoretical discussion, case studies and step-by-step guides allow readers to master many difficult modeling problems and also explain how to build highly structured models from the ground up. the companion website includes downloadable examples, templates, and hundreds of exercises that allow readers to immediately apply the complex ideas discussed. financial valuation is an in-depth process, involving both objective and subjective parameters. precise modeling is critical, and thorough, accurate analysis is what bridges the gap from model to value. this book allows readers to gain a true mastery of the principles underlying financial modeling and valuation by helping them to: develop flexible and accurate valuation analysis incorporating cash flow waterfalls, depreciation and retirements, updates for new historic periods, and dynamic presentation of scenario and sensitivity analysis; build customized spreadsheet functions that solve circular logic arising in project and corporate valuation without cumbersome copy and paste macros; derive accurate measures of normalized cash flow and implied valuation multiples that account for asset life, changing growth, taxes, varying returns and cost of capital; incorporate stochastic analysis with alternative time series equations and monte carlo simulation without add-ins; understand valuation effects of debt sizing, sculpting, project funding, re-financing, holding periods and credit enhancements. corporate and project finance modeling provides comprehensive guidance and extensive explanation, making it essential reading for anyone in the field.

Aswath damodaran is nationally recognized for his teaching approach, using theory and the models that flow from it to understand, analyze and solve problems. he treats corporate finance as a living discipline by making it much more applied than other textbooks. throughout the text, real companies and real data are used in examples and exercises.

Ross/westerfield/jaffe/jordan's corporate finance: core principles and applications was written to convey the most important corporate finance concepts and applications at a level that is approachable to the widest possible audience. the concise format, managerial context and design, and student-friendly writing style are key attributes to this text. the well-respected author team is known for the clear, accessible presentation of material that makes this text an excellent teaching tool. and with the fifth edition, mcgraw-hill’s connect empowers students by continually adapting to deliver precisely what they need, when they need it, and how they need it, so your class time is more engaging and effective.

Revised edition of fundamentals of corporate finance, [2018]

Revised edition of fundamentals of corporate finance, [2018]

An intuitive introduction to fundamental corporate finance concepts and methods lessons in corporate finance, second edition offers a comprehensive introduction to the subject, using a unique interactive question and answer-based approach. asking a series of increasingly difficult questions, this text provides both conceptual insight and specific numerical examples. detailed case studies encourage class discussion and provide real-world context for financial concepts. the book provides a thorough coverage of corporate finance including ratio and pro forma analysis, capital structure theory, investment and financial policy decisions, and valuation and cash flows provides a solid foundational knowledge of essential topics. this revised and updated second edition includes new coverage of the u.s. tax cuts and jobs act of 2017 and its implications for corporate finance valuation. written by acclaimed professors from mit and tufts university, this innovative text integrates academic research with practical application to provide an in-depth learning experience. chapter summaries and appendices increase student comprehension. material is presented from the perspective of real-world chief financial officers making decisions about how firms obtain and allocate capital, including how to: manage cash flow and make good investment and financing decisions understand the five essential valuation methods and their sub-families execute leveraged buyouts, private equity financing, and mergers and acquisitions apply basic corporate finance tools, techniques, and policies lessons in corporate finance, second edition provides an accessible and engaging introduction to the basic methods and principles of corporate finance. from determining a firm’s financial health to valuation nuances, this text provides the essential groundwork for independent investigation and advanced study.

Gain the understanding of today's financial markets and corporate financial management you need to propel you toward your goals with the contemporary insights and innovative learning tools found in brigham/houston's popular fundamentals of financial management: concise, 11e. this market leader offers intriguing insights into the social responsibility of business, the significant effects of recent changes in corporate tax code, the ongoing multiple effects related to the economic impact of the coronavirus pandemic and other emerging issues straight from today's headlines. clear explanations and real, meaningful examples help you understand the "what" and the "why" of corporate budgeting, financing, working capital decision making, forecasting, valuation and time value of money. hands-on exercises, cases, excel spreadsheet models and interactive mindtap digital activities and learning modules guide you in putting the theory you learn into action.

Finance is the study of value and how it is determined. individuals, small businesses and corporations regularly make use of value determinations for making strategic decisions that affect the future outcomes of their endeavors. the importance of accurate valuations cannot be overestimated; valuing assets too highly will lead to investing in assets whose costs are greater than their returns, while undervaluing assets will lead to missed opportunities for growth. in some situations (such as a merger or an acquisition), the outcome of the decision can make or break the investor. the need for solid financial skills has never been more pressing than in today's global economy. the fundamental principles of finance offers a new and innovative approach to financial theory. the book introduces three fundamental principles of finance that flow throughout the theoretical material covered in most corporate finance textbooks. these fundamental principles are developed in their own chapter of the book, then referred to in each chapter introducing financial theory. in this way, the theory is able to be mastered at a fundamental level. the interactions among the principles are introduced through the three precepts, which help show the impact of the three principles on financial decision-making. this fresh and original approach to finance will be key reading for undergraduate students of introduction to finance, corporate finance, capital markets, financial management and related courses, as well as managers undertaking mbas.

An introduction to financial reports–with new tactics for budgeting and pinpointing key financial areas financial decisions impact virtually every area of your company. as a manager, it's up to you to understand how and why. finance for nonfinancial managers helps you understand the information in essential financial reports and then shows you how to use that understanding to make informed, intelligent decisions. it provides a solid working knowledge of: basic financial reports–all about balance sheets, income statements, cash flow statements, and more cost accounting–methods to assess which products or services are most profitable to your firm operational planning and budgeting–ways to use financial knowledge to strengthen your company briefcase books, written specifically for today's busy manager, feature eye-catching icons, checklists, and sidebars to guide managers step-by-step through everyday workplace situations. look for these innovative design features to help you navigate through each page: key terms: clear defi nitions of key terms and concepts smart managing: tactics and strategies for managing change tricks of the trade: tips for executing the tactics in the book mistake proofing: practical advice for minimizing the possibility of error caution: warning signs for when things are about to go wrong for example: examples of successful change-management tactics tools: specific planning procedures, tactics, and hands-on techniques

Finance for executives has shaped mba and executive learning programs worldwide. with its clear and accessible writing style, the text enables students to easily master complex financial ideas while providing a comprehensive overview of the financial practice they will encounter as executives. real examples from a range of international companies underpin this practical focus and demonstrate financial management in a modern business environment, always following the credo that executives should manage their firm's resources ethically, and with the objective of increasing their firm's value.

This revision of corporate finance updates old topics, deletes peripheral topics, opens up a few new topics, and re-edits and tightens much of the continuing material. the idea is to modernize without compromising the book's longstanding commitment to confrontation with complex mechanics, whether theoretical or practical. the most notable additions come in respect of debtor-creditor relationships and startup finance. as to the materials on debt, fact patterns displaying the turn to hardball tactics by distressed companies now show up in multiple chapters. what has been sleepy territory since the decision of the rjr nabisco case is now back at the policy margin. this edition also fleshes out treatment of securitization more fully to cover market and regulatory developments since the financial crisis. as to startups, the chapter on venture capital has been redone from top to bottom and there is a new chapter on multiple class common capital structures. the collection of appraisal cases also has been updated further to highlight the move to deal and market price.

This book is no ordinary personal finance book. it presents, in a highly accessible way, how to effectively understand and manage personal finances, avoiding debt and building for the future, and using straightforward tools and techniques developed in conjunction with business economics. fun to read, the book leverages core corporate finance principles in a way that helps people become more financially literate in their personal lives. the premise of this book-that personal and corporate finance can and should be learned together to improve financial wellness and know-how-is considered a breakthrough. using approaches that have been tried, tested, and proven to work with individuals and employees, the authors apply common business activities like "due diligence," and tools, such as "financial statement analysis," to personal finance. this connection has not been presented before, either theoretically or practically. and yet it has the power to both transform how individuals successfully manage their own finances, and, at the same time, informs and educates them in the important aspects of the financial direction of the organizations in which they work. this is a must-have book for those who are looking for a credible reference tool for how to effectively manage their own finances and for organizations seeking to assist their employees in good financial management, at every level, both in work and at home.

"essentials of corporate finance focuses on what undergraduate students with widely varying backgrounds need to carry away from a core course in business or corporate finance. the goal is to convey the most important concepts at a level that is approachable for the widest possible audience. essentials is written in a relaxed, conversational style that invites the students to join in the learning process rather than being a passive information absorber. a managerial focus: students shouldn't lose sight of the fact that financial management concerns management.

Now in its fourth edition, fundamentals of corporate finance continues to use its engaging, accessible narrative to give students an introductory overview of the key concepts in modern corporate finance, and the strategies used by firms in this continually changing field. the author uses years of expertise to guide readers through a framework of corporate finance, providing readers with a solid foundation of knowledge. with integrated theories and real-world european examples, the new edition presents the fundamentals of corporate finance in a clear and captivating way.key features new sustainability in finance boxes provide awareness on how sustainability and corporate finance are interconnected in every-day life. example boxes in every chapter provide real and hypothetical examples, illustrating theoretical concepts such as calculating returns, bond yields and equity. real world insight boxes on prominent topics like mortgages, investing and price models illustrate how corporate finance theories and concepts have been applied to business and decisions. up-to-date content reflecting the latest developments in the field, including the growth of ethics and sustainability, the emergence of cryptocurrencies and financial technology, and the impact of brexit on corporate finance practice. coverage of the covid-19 pandemic and how this has and will impact the field of corporate finance in the future. material aligns with external syllabi from professional bodies including acca, cima and icaew