Finance is often associated with market excesses, systemic crises, and the short-sighted pursuit of profit. Yet there is another kind of finance—perhaps less visible but far more decisive—that sup-ports businesses, together with strategic choices, and safeguards long-term equilibrium. This volume arises from the need to restore attention to that dimension: corporate finance as a discipline at the service of the real economy. Through a critical reflection on the past decades, the authors qu...

The essential corporate finance text, updated with new dataCorporate Finance has long been a favourite among both students and professionals in the field for its unique blend of theory and practice with a truly global perspective. The fact that the authors are well-known academics and professionals in the world of mergers and acquisitions (M&A) and investment explains this popularity. This new Fifth Edition continues the tradition, offering a comprehensive...