Corporate Finance An Introduction Apr 2026

Firms should only invest in projects that earn a return higher than a minimum "hurdle rate".

If a business cannot find enough high-return investments, it should return excess cash to the owners. CORPORATE FINANCE An Introduction

by Michael Taillard: An intuitive, plain-English introduction to financial instruments and strategies, ideal for supplementary learning. Firms should only invest in projects that earn

Corporate finance is the field of finance that deals with how corporations manage their funding, capital structure, and investment decisions to maximize shareholder value. At its core, it focuses on three primary types of decisions: (what long-term assets to invest in), capital structure (how to pay for those assets), and working capital management (managing daily cash flow). Core Principles of Corporate Finance CORPORATE FINANCE An Introduction