Principles of Corporate Finance

Principles of Corporate Finance is a reference work on the corporate finance theory edited by Richard Brealey, Stewart Myers, Franklin Allen, and Alex Edmans.^[1][2] The book is one of the leading texts that describes the theory and practice of corporate finance. It was initially published in October 1980 and now is available in its 14th edition. Principles of Corporate Finance has earned loyalty both as a classroom tool and as a professional reference book.

Principles of Corporate Finance

First edition (1980)
Author	Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
Language	English
Series	McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate
Subject	Finance
Genre	Textbook
Publisher	McGraw-Hill/Irwin
Publication date	April 22, 2022 (14th edition)
Publication place	United States
Media type	Print, e-book
Pages	1056 pp.
ISBN	978-1265074159
Followed by	Fundamentals of Corporate Finance

Overview

The book covers a wide range of aspects relevant to corporate finance, illustrated by examples and case studies. The text starts by explaining basic finance concepts of value, risk, and other principles. 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.