Description

This book provides a comprehensive understanding of the key concepts, principles, and practices of corporate finance. Blending theory with real-world applications, it enables students to make informed financial decisions in dynamic business environments.

This edition has been revised and updated to reflect current developments in the field. It includes new sections on The Value of a Company, Free Cash Flow, Capital Rationing, Empirical Evidence on Capital Structure, Corporate Governance, Organizational Architecture, Corporate Culture, Sustainability and ESG in Financial Management, and Finance for Startups. These additions make the book contemporary and industry-aligned.

Widely accepted across top Indian management institutes, this book is trusted by students and instructors. It is an essential text for MBA/PGDM courses and a valuable reference for finance professionals, analysts, and entrepreneurs seeking a strong foundation in financial decision-making and corporate value creation.