Parrino, Kidwell & Bates, Fundamentals of Corporate Finance 2nd Edition is a balanced approach to the main theme of value creation balanced by risk management. The goal of this text is to provide both intuitive and calculation based- to master content. Material is organized from the most concrete to the most abstract provided with regular opportunities to review, practice, and self-test.This issue emphasizes building intuitive abilities to solve problems that occur in the business world. Once principles and concepts are understood, the goal is to have a knowledge-based intuitive understanding of financial projects and situations. In addition, the book addresses demands for intellectual and mathematical rigor and includes features showing the relevance of finance to other business disciplines. Real-world examples offer repeated opportunities to develop problem-solving skills through stepped-out Learn By Doing Applications that present realistic business situations
This is DEFINITELY not one you just listen to once and have internalized. Even with the course I took this summer, there is so much in here that will require review, but I'm glad I plodded through it. I actually enjoy finance more than I expected to, and the format where they do a section on each learning objective within a chapter, then give a summary at the end, followed by discussion questions, works out well.
Difficult subject, but one so essential for strategic choices that I won't regret buying similar book and self-studying the subject at some point. Probably not the best book on the subject, but it was in audiobook format and thus easy to go through.