Advanced Corporate Finance

Customer Reviews

What we have here instead is a very helpful collection/summary of material on the institutional framework of corporate finance -- the kind of stuff you might wish your students knew before they ever started the technical part. Short of that, it has another good use: it's what you might call a "bottom drawer" book, i.e., one of the books the professor keeps in the bottom drawer to deploy for classroom examples -- thereby garnering an undeserved reputation for breadth of knowledge. This can only be bad news for the publishers: it means they sell only one copy rather than a whole classroom full of copies.

I can only conclude that the publishers understand their own business better than I understand their business: maybe there is a market for whole classrooms full of copies, and more power to them if they find it. Meanwhile, I cherish my bottom drawer copy and I look forward to many more occasions when I can stun and astonish with the authors' good help.

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