The latest edition in the Principles of Corporate Finance dynasty the 14th edition continues
in its tradition of showing how theory applies to the very practical problems and decisions
faced by financial managers. Looking at what financial managers do and why the book aims to
give readers a solid understanding of theory so that they know what questions to ask when times
change and new problems need to be analyzed eventually standing as a reference and a guide to
help them make financial decisions not just study them. This new edition welcomes Alex Edmans
to the author team whose global authority and expertise in corporate governance responsible
business and behavioural finance have been invaluable in bolstering coverage of these topics. A
new chapter is entirely dedicated to the subject of balancing shareholder value with promoting
the interests of all stakeholders the potential conflicts inherent in this and how a
responsible business should behave. There have been several changes to chapter structure as
well as expanded discussion of issues that have grown in importance since the previous edition
including behavioural finance and financial innovation driven by AI big data and cloud
computing. It has also grown to take a more international focus to bring in more information
and perspectives on major developing economies such as China and India and looking at how
financing and governance systems differ around the world. The new edition retains and builds
on the pedagogical features of previous editions with new chapter content summaries new
self-test questions interspersed at key points and a raft of 'Beyond the page' examples
available online through links in the text. Click here to view the sample chapter
