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Book Cover for: Loose-Leaf for Principles of Corporate Finance: 2025 Release, Richard A. Brealey

Loose-Leaf for Principles of Corporate Finance: 2025 Release

Richard A. Brealey

Brealey: Principles of Corporate Finance bridges the gap between financial theory and practical application for corporate finance. It emphasizes the importance of understanding financial theory to adapt to non-routine situations and evolving market conditions. By explaining why companies and financial markets behave as they do, the book equips managers with the tools to make informed decisions, not just based on experience but backed by theory. The authors address controversies within financial theory, offering balanced viewpoints while emphasizing practical applications to increase company value.
The latest edition of Principles of Corporate Finance represents a significant step forward in both clarity and pedagogy. Every chapter has been revised--some extensively--incorporating the expertise of Alex Edmans, a distinguished scholar in corporate finance. Principles focuses on making complex concepts more intuitive by breaking down dense material into bite-sized, easy-to-digest sections. Key terms and principles are now highlighted for quick reference, and long lists have been reorganized into structured bullet points with brief summaries. Where appropriate, mathematical and theoretical explanations have been replaced with real-world analogies and practical insights to ensure concepts resonate beyond the classroom.
To further enhance student learning, Principles has expanded its Beyond the Page chapter features, now offering over 150 interactive applications that bring financial concepts to life. These resources allow students to explore real-world case studies, from understanding GameStop's speculative trading frenzy to analyzing the impact of COVID-19 on stock risk. New Sense Check boxes encourage students to critically assess financial calculations, ensuring they develop the intuition needed to avoid common errors in professional settings. Meanwhile, Common Confusions sections clarify frequently misunderstood concepts, helping students build a stronger foundation in corporate finance. Whether through the printed text, the interactive eBook, or Principles' extensive Connect tools, this edition provides a richer, more engaging learning experience than ever before.

Book Details

  • Publisher: McGraw-Hill Companies
  • Publish Date: Mar 11st, 2025
  • Pages: 1152
  • Language: English
  • Edition: undefined - 0099
  • Dimensions: 10.00in - 7.90in - 1.40in - 3.92lb
  • EAN: 9781266215643
  • Categories: Corporate Finance - General

About the Author

Allen, Franklin: - "

Franklin Allen - Professor of Finance and Economics, Imperial College London, and Emeritus Nippon Life Professor of Finance at the Wharton School of the University of Pennsylvania. He is past president of the American Finance Association, Western Finance Association, Society for Financial Studies, Financial Intermediation Research Society, and Financial Management Association. His research has focused on financial innovation, asset price bubbles, comparing financial systems, and financial crises. He is Director of the Brevan Howard Centre for Financial Analysis at Imperial College Business School.

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Brealey, Richard A.: - "

Richard A. Brealey - Emeritus Professor of Finance at London Business School. He is the former president of the European Finance Association and a former director of the American Finance Association. He is a fellow of the British Academy and has served as a special adviser to the Governor of the Bank of England and director of a number of financial institutions. Other books written by Professor Brealey include Introduction to Risk and Return from Common Stocks.

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Myers, Stewart C.: - "

Stewart C. Myers - Emeritus Professor of Financial Economics at MIT's Sloan School of Management. He is past president of the American Finance Association, a research associate at the National Bureau of Economic Research, a principal of the Brattle Group Inc., and a retired director of Entergy Corporation. His research is primarily concerned with the valuation of real and financial assets, corporate financial policy, and financial aspects of government regulation of business. He is the author of influential research papers on many topics, including adjusted present value, rate of return regulation, pricing and capital allocation in insurance, real options, and moral hazard and information issues in capital structure decisions.

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Edmans, Alex: - "

Alex Edmans is Professor of Finance at London Business School. Alex has a PhD from MIT as a Fulbright Scholar, and was previously a tenured professor at Wharton and an investment banker at Morgan Stanley. Alex has spoken at the World Economic Forum in Davos, testified in the UK Parliament, and given the TED talk What to Trust in a Post-Truth World and the TEDx talks The Pie-Growing Mindset and The Social Responsibility of Business with a combined 3 million views. He serves as non-executive director of the Investor Forum and on Morgan Stanley's Institute for Sustainable Investing Advisory Board, Novo Nordisk's Sustainability Advisory Council, and Royal London Asset Management's Responsible Investment Advisory Committee. He is a Fellow of the British Academy and a Fellow of the Academy of Social Sciences.

Alex's book, Grow the Pie: How Great Companies Deliver Both Purpose and Profit, was a Financial Times Book of the Year and has been translated into nine languages. His latest book, May Contain Lies: How Stories, Statistics, and Studies Exploit Our Biases - And What We Can Do About It was published by Penguin Random House in 2024. He has won 28 teaching awards and was named Professor of the Year by Poets & Quants in 2021.

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