Principles of Corporate Finance 13th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen · Publisher: McGraw-Hill Education · Language: English
ISBNs: ISBN-10: 1260565556 · ISBN-13: 978-1260565553

Overview

Principles of Corporate Finance, 13th Edition is a globally recognized guide to modern corporate finance theory and practice. Written by Richard A. Brealey, Stewart C. Myers, and Franklin Allen, this edition presents a balanced, comprehensive approach that blends fundamental concepts with real-world financial decision-making. It emphasizes value creation, risk management, and financial strategy, equipping readers with the tools to analyze and solve complex business challenges.

What You’ll Learn

• Core principles of corporate finance and value creation

• Capital budgeting, investment decisions, and project analysis

• Risk, return, and cost of capital

• Financial markets, instruments, and corporate financing choices

• Dividend policy and capital structure theories

• Financial planning, mergers, acquisitions, and restructuring

• Applications of behavioral finance and sustainability in corporate strategy

Why This Book Matters

This edition connects financial theory with practice, offering clear explanations and real-world examples drawn from global business environments. It helps readers understand how corporate finance principles guide decision-making and long-term value creation in dynamic markets.

Who Should Read This Book

• Undergraduate and graduate students studying finance, business, or economics

• Finance professionals and corporate managers seeking a reference on modern financial strategies

• Educators teaching corporate finance and investment courses

• Analysts and consultants involved in financial planning, valuation, or capital management

Key Topics Covered

• Time value of money and valuation principles

• Investment and financing decisions

• Capital structure and dividend policy

• Risk management and portfolio theory

• Options, derivatives, and financial markets

• Corporate governance and financial ethics

Conclusion

Principles of Corporate Finance, 13th Edition delivers a comprehensive and insightful understanding of financial management and strategy. Its blend of analytical rigor, practical examples, and global perspective makes it an indispensable resource for students, professionals, and educators in the field of finance.