Corporate Finance : Theory and Practice

This textbook is designed for core courses in Corporate Finance taken by MBA , Masters in Finance and final year undergrads. It will also have a large market amongst corporate finance practitioners. It describes the theory and practice of Corporate Finance showing how to use financial theory to solve practical problems from a truly European perspective. Section one includes financial analysis which is not included in any other corporate finance textbook.

Crisis or not, stay on course with “The Vernimmen”

With thousands of copies of the latest edition sold, Corporate Finance, Theory and Practice has emerged as the fastest growing financial textbook, thanks to its four unique features:

• A balanced blend of theory and practice: authors hold academic positions at top ranking universities and business schools and are also investment bankers, private investors or sit on the boards of listed and unlisted companies

• A presentation of concepts that explain situations, followed by a discussion of techniques in a direct and succinct style

• Content enriched by the www.vernimmen.com website, which with 1,500 daily visitors, is one of the leading finance teaching sites worldwide

• Free monthly updates on finance through The Vernimmen.com Newsletter, with over 50,000 subscribers

The authors draw on their dual experience to enhance and expand the content of the book, by including the latest innovations and academic research in finance and also providing examples of actual, recent deals, some of which they have been involved in. The latest edition of the Vernimmen takes into account the changing economic environment and the impact of the 2007-2008 financial crisis on financial practice and theory.

Corporate Finance is a very useful reference book for students and for operators who will get a great help in the present complex environment to learn the principles of the financial markets and their practical application. Written in a consequential and logical approach it shows also some interesting cases that make the study easier and stimulating.

Gabriele Galateri, Chairman of Telecom Italia

The book, newsletter, and website are all very interesting and useful. The book is 47 chapters (about 1 000 pages) full of corporate finance. I have to agree with the authors: “It is a book in which theory and practice are constantly set off against each other …” I really like it. Especially the emphasis not so much on techniques (“which tend to shift and change over time”). Very well done! Moreover, the authors also put out a monthly newsletter and have a web site that could stand alone as one of the best in the business. Check it out!

Jim Mahar, Associate Professor of Finance at St. Bonaventure University and author of www.financeprofessor.com