Harold Bierman Knihy

Focusing on capital budgeting, the authors delve into its complexities while highlighting strategies to enhance decision-making processes that involve risk and time. They explore how these elements impact corporate finance, offering insights that can help improve financial decisions within organizations.

The book offers a thorough analysis of the 1929 economic crash, drawing parallels to the stock market crash of 2008-2009. It explores the causes, consequences, and lessons learned from both events, providing insights into the cyclical nature of economic crises. By comparing these two significant moments in history, the author highlights the similarities and differences in financial systems and regulatory responses, aiming to enhance understanding of economic vulnerabilities and the importance of historical context in financial decision-making.

The revised edition offers a clear and concise introduction to corporate finance, emphasizing previously underexplored topics such as distribution policy and capital budgeting. Authored by international experts, it maintains the authority of earlier versions while providing in-depth coverage of essential subjects. This update enhances the text's relevance and usability for both students and professionals in the field. New features enrich the learning experience, ensuring a comprehensive understanding of complex financial concepts.