Corporate Finance Theory And Practice 2nd Edition by Aswath Damodaran

orporate Finance: Theory And Practice is a highly engaging and consistently practical guide to the world of theory in corporate finance.

Summary Of The Book

Corporate finance theory is a field which most people, particularly students of finance or management, look at with dread simply because of the seeming density of the field. The book Corporate Finance: Theory And Practice changes all that. It is a manual of practicality and shows students and interested readers that theory does in fact stem from practice, and to fully understand it, one must have an excellent knowledge of the living world from which these theories emerge.

The book is designed to cater to students at an MBA level, however it is also suitable for those who wish to jump into this field at an earlier stage. Corporate Finance: Theory And Practice uses real life examples with companies and situations, which did very much exist to explain its concepts. The book includes chapters like Value and Price: An Introduction, Valuation: Principles and Practice, The Financing Process, Investments in Noncash Working Capital, Dividend Policy, The Basics of Risk, and Acquisitions and Takeovers.

Corporate Finance: Theory And Practice has discussed topics like real options, and value enhancing measures in a deeper manner. The book also has exercises at the end of the chapter, which include questions regarding real companies. There is also a companion website which has practice problems, solutions, and exercises.

About Aswath Damodaran

Aswath Damodaran is a well-known author of books on finance.

He has written several books such as Investment Valuation, Damodaran on Valuation, and Applied Corporate Finance: A User's Manual. He also co-edited the book, Investment Management.

Dr. Damodaran earned his B.Com degree from Madras University and went on to complete his MBA and Ph.D. from the University of California, Los Angeles. He has held several academic positions. He was a visiting lecturer at the University of California, Berkeley, and is currently a professor at Stern School of Business at New York University. He has written numerous articles for journals such as The Journal of Financial Economics, The Journal of Financial and Quantitative Analysis, and Review of Financial Studies.