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Corporate Finance, Canadian Edition
This ISBN is for the Pearson eText and may not include any media, website access codes, or print supplement.
Helping Students Build a Solid Financial Accounting Foundation
The first Canadian edition of this text was written just as the financial crisis of 2008- 2009 was unfolding. That financial crisis, and the continuing crises that followed, reinforced the need to understand finance to ensure that good financial decisions are made. As we said in the first edition, understanding finance is important and is the purpose of this
In our over 60 years of combined teaching experience, we have found that leaving out core material deemed “too hard” actually makes the subject matter less accessible. The core concepts in finance are simple and intuitive. What makes the subject challenging is that it is often difficult for a novice to distinguish between these core ideas and other intuitively appealing approaches that, if used in financial decision making, will lead to incorrect decisions. De-emphasizing the core concepts that underlie finance strips students of the essential intellectual tools they need to differentiate between good and bad decision making. Therefore, our primary motivation for writing this book was to equip students with a solid grounding in the core financial concepts and tools needed to make good decisions.
With a consistency in presentation and an innovative set of learning aids, Corporate Finance, Fifth Canadian Edition, simultaneously meets the needs of both future financial managers and non-financial managers. This textbook truly shows every student how to “think finance.”
Helping Students Build a Solid Financial Accounting Foundation
The first Canadian edition of this text was written just as the financial crisis of 2008- 2009 was unfolding. That financial crisis, and the continuing crises that followed, reinforced the need to understand finance to ensure that good financial decisions are made. As we said in the first edition, understanding finance is important and is the purpose of this
In our over 60 years of combined teaching experience, we have found that leaving out core material deemed “too hard” actually makes the subject matter less accessible. The core concepts in finance are simple and intuitive. What makes the subject challenging is that it is often difficult for a novice to distinguish between these core ideas and other intuitively appealing approaches that, if used in financial decision making, will lead to incorrect decisions. De-emphasizing the core concepts that underlie finance strips students of the essential intellectual tools they need to differentiate between good and bad decision making. Therefore, our primary motivation for writing this book was to equip students with a solid grounding in the core financial concepts and tools needed to make good decisions.
With a consistency in presentation and an innovative set of learning aids, Corporate Finance, Fifth Canadian Edition, simultaneously meets the needs of both future financial managers and non-financial managers. This textbook truly shows every student how to “think finance.”
1185 pages, Kindle Edition
First published January 3, 2008
7 people are currently reading
57 people want to read
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Displaying 1 - 4 of 4 reviews
February 26, 2022
This book reads well. The requirements for understanding the philosophies explained in this book is to have a fairly good grasp of Algebra, Probability Theory and Statistics. The most dense part of the book is in Part 4, "Risk and Return". When you get over that hump, everything else is easier to follow.
There are so many permutations and combinations involved in evaluating a firm that you have to be careful that you don't go into the realm of speculation. Nonetheless, the philosophies shared in this book are great intellectual exercise in understanding the capital structure of a business and finding the value of that business.
The exercises, assignments and the layout of the content is excellent. As you can see. I gave this book a 5-star. It will be a book that I will reference for assessing a business.
There are so many permutations and combinations involved in evaluating a firm that you have to be careful that you don't go into the realm of speculation. Nonetheless, the philosophies shared in this book are great intellectual exercise in understanding the capital structure of a business and finding the value of that business.
The exercises, assignments and the layout of the content is excellent. As you can see. I gave this book a 5-star. It will be a book that I will reference for assessing a business.
May 13, 2013
This book is directed to corporate purposes. If you have a bunch of money in a form of cash or anything else, you will find it very helpful to make the best of that. Besides, you will be able to differentiate between investments to choose that best choices you may follow. On the other hand, this book is also valuable for companies to help them in organizing their capital structure, selecting the best strategies in funding their projects and dealing with other similar issues. I would say that it is not simple to read this book and keep attracted to the flow of information unless you are interested in corporate matters. For that reason, I give this book by 3 stars for this drawback. If you want to be alarmed until the end of it, I recommend a simultaneous use of internet to clarify concepts may come up and need to be fully understood.
August 4, 2011
After having studied through this book I can now speak the same language as banking professionals and financial managers do. Invaluable knowledge for anyone seeing himself/herself as potentially having managerial position in a corporate world. Besides, sound financial education should be MUST for everyone willing to succeed in our cruel capitalistic world.
February 3, 2016
Quite jargony.
Displaying 1 - 4 of 4 reviews