Corporate Finance: A Valuation Approach

by Oded H. Sarig and Simon Z. Benninga

Book Overview

Designed for courses in corporate finance, this text is a detailed description of the valuation process, providing an integrated comprehensive method for valuing assets, firms and securities across a... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0070050996
• ISBN13: 9780070050990
• Release Date: August 1996
• Publisher: Irwin/McGraw-Hill
• Length: 446 Pages
• Weight: 1.75 lbs.
• Dimensions: 0.9" x 7.6" x 9.4"

Customer Reviews

Fantastic book

This book serves as an excellent introduction to and/or refresher on valuation techniques. The entire valuation process (primarily DCF) is broken down into a series of steps, each of which gets its own complete chapter. Each chapter is well written and builds on its predecessors.A particular strength of the book is the authors' reference to Excel functions and which ones are useful in valuation models. This book is not just theory; there are concrete "how to" examples throughout. Once you've finished this book, you can do more than cite valuation theory: you can build valuation models.One of the best finance books I've ever read.

Comprehensive overview of valuation approaches

This book gives an excellent overview of different valuation techniques, is detailed enough yet easy to understand. As such this text is ideal for self-study. It's by far the best book I've seen on the topic and application of valuations and financial modeling.

Clear, Succinct, Excellent !

This is one of the best practical corporate finance books you can find. It serves especially well as a bridge between introductory finance and more advanced topics. The authors did an excellent job at hammering some most important concepts into readers' heads while avoiding too much theoretical complications that hinter understanding. The step-by-step valuation method is especially valuable. The use of the spreadsheet is enormously helpful for students of finance. Highly recommended! I hope Professor Benninga and Professor Sarig can keep producing this kind of hands-on, clear guide to finance. (and maybe a series of books at different difficulty levels)

An excellent resource, highly usable

This is an excellent book for those looking to quickly learn the essentials of valuation. It is particularly useful when combined with the Excel spreadsheets that can be downloaded from the author's web site (although additional cases/examples from this site would be appreciated). The book is well structured, and is a good base from which to move on to more advanced work.

The most important book in my corporate finance library.

As someone who is just beginning in the field of corporate finance and M & A work I must say that, without a doubt, Corporate Finance: A Valuation Approach has given me the edge I needed in taking on models and running with them. My performance has improved dramatically. Most books on the topic of corp. fin. and valuation, while sound theoretically, lack true applicability. This book is exactly what I've been looking for and I strongly recommend it to those who work regularly with financial models.