by Richard A Brealey, Stewart C Myers, Franklin Allen
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| Amazon Price: | $133.40 & eligible for FREE Super Saver Shipping on orders over $25. |
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| Lowest New Price: | $75.00 |
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Product Description
Principles of Corporate Finance is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The text is comprehensive, authoritative, and modern and yet the material is presented at a common sense level. The discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humor for which the book is well known and highly regarded. This text is a valued reference for thousands of practicing financial managers. Richard A. Brealey and Stewart C. Myers welcome Franklin Allen as a new coauthor to this Eighth Edition. Sometimes the addition of a new coauthor means that one of the existing authors proposes to take a back seat. That is not the case with this team. Dr. Allen’s addition represents a genuine increase in capacity and brings fresh expertise and ideas to an already tremendously successful textbook and partnership.
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Average Customer Review:
0 of 0 people found the following review helpful:
 Hard, Unnecessarily Frustrating, and Brutal, But Worth the Investment, 2008-07-29
This book is laden with very stupid errors, confusing in times of need, and gives rather poor examples that serve not illuminate the subject well at all. To be fair to the authors, I encountered my copy of this book during an intensive pre-MBA summer program, so I may not have been allocated the normal amount of time generally allowed for study. Still, that doesn't make-up up for blatant mathematical errors I've found on some otherwise simple problems. (Heck, there are even errors in some of the included examples!)
That said, you can still learn a bit from it. It is not entirely useless. Or, to better state it in financial terminology, "Capital expenditure in this piece of equipment has the potential to add significantly to your net present value of future capital inflows and increase net earnings." In other words, master this stuff and get seriously paid.
I wish I could find a better Finance book or reference out there, but I have yet been able to. I guess this is one of these subjects that people just cannot teach well because of the obscurity of the subject matter. Maybe Cerebellum Productions (the makers of the "Standard Deviants" tutorial videos) will catch onto this and come out with something genius. If they do, I can guarantee you that they'll be raking in the cash.
0 of 3 people found the following review helpful:
 The seller not yet delivered this book, 2008-04-28
The seller did not deliver the book even though he charged my Credit card a week ago. Sent mails to Amazon and seller and there is no response. Will not buy in future witht the seller as he did not replying my mails.
0 of 0 people found the following review helpful:
Untitled, 2008-03-30
This book was one of the worse books we had in our MBA program in University of Toronto. It is very confusing and vague. Some chapters are very short and don't cover a subject completely and like typical MBA books there is no answer to end of chapter questions. So you have to be a MBA student and rely on you professor for the answers to the end of chapter questions. There are much better books in the market for learning finance. For the whole course I had to study from other books to learn a subject.
1 of 1 people found the following review helpful:
Don't buy this unless you have to, 2008-03-26
This book was very hard to follow and does not spell things out very effectively. I had to get this book for class and I hated it. I felt like I couldn't find anything when I wanted it.
2 of 2 people found the following review helpful:
 CONFUSING!!!!! Horrible text!, 2008-03-14
Materials are not systematically presented.
Recommend Ross's Fundamentals of Corporate Finance, Corporate Finance and Modern Financial Management.
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