Summary

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. Decision Making Examples are based on actual business scenarios and emphasize the decision making process of the financial manager.