Corporate Finance: The Basics is a concise introduction to the inner workings of finance at the company level. It aims to take the fear out of corporate finance and add the fun in, presenting the subject in a way that is simple to grasp and easy to digest. Its aim is to explain – and demystify – the essential ideas of corporate finance, avoiding the heavy use of maths and formulae. The calculations and figures in the book are purely to illustrate fundamental concepts, appealing to readers’ common sense, rather than stretch their ability to do "number-crunching".
Topics covered include:
Through the use of a subject map, this book explains how the key components of the subject are connected with each other, strengthening the reader’s understanding. This book is the ideal introduction for anyone looking for a short yet scholarly overview of corporate finance.
'Corporate finance is a complex subject and it is often misunderstood. Dr Tse’s contribution is to simplify (in a good way) finance and get to the essence of what really matters. It is an important read for those who want to better understand how finance impacts corporate decisions.' - Christophe Y. Le Caillec, SVP and CFO of Global Consumer Services, American Express
'In his usual energetic fashion, Professor Tse elegantly walks us through what may appear to be an otherwise mundane and difficult topic. Given global uncertainties, I found his focus on important themes – such as liquidity, working capital and free cash flow management – particularly pertinent.' - Christian Leibl, Managing Director, Head of Capital Structure Adviser, Lloyds Banking Group
Chapter 1 Financial statements
Chapter 2 Financial decisions and investment criteria
Chapter 3 Free cash flows
Chapter 4 Net working capital management
Chapter 5 Debt
Chapter 6 Equity
Chapter 7 Mergers and acquisitions (I)
Chapter 8 Mergers and acquisitions (II)
Chapter 9 Corporate finance: The big picture
The Basics is a highly successful series of accessible guidebooks which provide an overview of the fundamental principles of a subject area in a jargon-free and undaunting format.
Intended for students approaching a subject for the first time, the books both introduce the essentials of a subject and provide an ideal springboard for further study. With over 50 titles spanning subjects from Artificial Intelligence to Women’s Studies, The Basics are an ideal starting point for students seeking to understand a subject area.
Each text comes with recommendations for further study and gradually introduces the complexities and nuances within a subject.