This book was written originally to fulfill a need that conventional corporate finance books were not filling - to provide practical and succinct advice on how to do corporate finance rather than debate theory. It was intended for both practitioners who have little patience for extended discourses on models and assumptions and for instructors/students who wanted to focus on applying corporate finance to real companies. The book tells a story, which essentially summarizes the corporate finance view of the world. It classifies all decisions made by any business into three groups--decisions on where to invest the resources or funds that the business has raised, either internally or externally (the investment decision), decisions on where and how to raise funds to finance these investments (the financing decision) and decisions on how much and in what form to return funds back to the owners (dividend decision).
This book is just plain great from top to bottom. Damodaran makes it easy to get both the "bird's eye view" as well as the nitty gritty detail you want in a corporate finance text. I highly recommend this book to anyone who is looking for something beyond an elementary understanding of finance.
Awesome
Published by Thriftbooks.com User , 23 years ago
Its easily the best book on corporate finance (yeah! I have read brearley and myers, benninga, ...). Highly recommended. If you want to MASTER corporate finance. simply buy and read the book. The case studies and excel spreadsheets are very good. Another recommendation for a good financial analysis book is the book by eric helfert - financial analysis. Both books teach finance in common speak which goes a long way in understanding this topic for a new student.
An indispensable guide
Published by Thriftbooks.com User , 23 years ago
This book is one of my best investments I have ever made. It is perfectly suited for 1st year MBA students with no prior exposure to finance. The first principles chart appearing at the beginning of each chapter always drags the students to the basics of why we are doing things. Prof Damodaran seems to be an excellent teacher and makes corporate finance a fun subject. The support web site has wealth of information and most importantly solutions to problems(I have never understood why many books hardly bother to give answers to problems)are given. Don't do a corporate finance course without this book.
THE BEST BOOK ON THE TOPIC
Published by Thriftbooks.com User , 26 years ago
This is not just the best book on corporate finance, but ranks as one of the best technical books I ever read. Extremely well organized with examples not just close to real life but REAL LIFE itself.The knowledge about brazilian economy is astonishingly accurate.Forgot to mention the web site that helps the reader. Very useful and updated. A perfect combination.I Recommend without restrictions.
Insight of the century. Redefining Wall Street's future.
Published by Thriftbooks.com User , 27 years ago
Damodaran is the greatest professors of all time. At Stern, over 300 students cram to listen to his teachings. This book offers an approach to evaluate what companies and businesses are truly worth and what one can do to turn them around. If you're looking for the book that will redefine Wall Street and boost your company to new heights, this book is definitely the material for you.
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