Summary

For an undergraduate course in corporate finance or financial management. Unique in approach and perspective, this text provides an integrated view of the general theory of finance - the 'first principles' - that underlie the practice of corporate financial management. Using an abundance of actual applications from the 'real world', it shows students how an understanding of this theory can help them develop a 'ready intuition' for solving problems they have never seen before - and how they can apply this intuition to the world of corporate financial management.*Describes a dozen principles which provide a framework for integrating and learning corporate financial management*Offers an innovative and flexible format*Offers a practitioner's real-world perspective*Features an abundance of applications - most involving well-known corporations - and all designed to illustrate how financial principles are useful and immediately applicable to the real world*Explores financial contracting in depth*Treats the international aspects of finance throughout the book as a point of view and a particular market in which to operate*Features Principles of Finance Boxes which highlight how particular f