Brealey: Principles of Corporate Finance bridges the gap between financial theory and practical
application for corporate finance. It emphasizes the importance of understanding financial
theory to adapt to non-routine situations and evolving market conditions. By explaining why
companies and financial markets behave as they do the book equips managers with the tools to
make informed decisions not just based on experience but backed by theory. The authors address
controversies within financial theory offering balanced viewpoints while emphasizing practical
applications to increase company value.
