Principles of Corporate Finance has earned loyalty both as a classroom tool and as a professional reference book.

The book covers a wide range of aspects relevant to corporate finance, illustrated by examples and case studies.

Then the issues become more and more complex, from project analysis and net present value calculations to debt policy and option valuation.

Other discussed topics include stakeholder theory, corporate governance, mergers and acquisitions, principal–agent problems, credit risk, working capital management, etc.

The book concludes with a discussion on the current limitations of corporate finance theory.