Describes the theory and practice of corporate finance. This book shows 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.

Including various examples, this book reflects the environment in corporate finance.

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Offering a modern approach, this book reflects the environment in corporate finance.

Authoritative and comprehensive, the Australian edition blends a clear, distinctive and modern presentation of financial theory with in-depth analysis and applications. With a strong managerial bent, the book looks beyond what happens in practice to examine the reasons why companies and management act as they do.

Shows how managers use financial theory to solve practical problems. This book covers the time value of money, the valuation of bonds and stocks, and practical capital budgeting decisions. It discusses market efficiency, payout policy, and capital structure, option valuation, and long and short-term financial planning.

A useful tool, which contains an introduction to each chapter, key concepts, examples, exercises and solutions, and a complete chapter summary.

Describes the theory and practice of corporate finance. This book shows 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 and the material is presented at a common sense level.

Known for their research, teaching efforts, and finance textbooks, this author team created a student-friendly text. It follows a modern approach and contains examples. Every chapter aims to reflect the environment in corporate finance.

Looks at how corporations balance financing and risk. Filled with information and ideas that are both thought provoking and functional, this work examines the theory and mechanics of financing and risk, including, how, why, and when a firm should assume debt, while keeping that debt from working against it.

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