This book is about corporate finance. It focuses on how companies invest in real assets and how they raise the money to pay for these investments.
Provide framework for making decisions, complex problems become more manageable. It focuses instead on setting out the basic "prinsiples" of financial management and applying them to the main decisions faced by the financial manager. It expalins why the firm’s owners would like the manager to increase firm value and shows how managers value investments tahat may pay off at different point of time or have different degrees of risk. It also describes the main features of financial markets and discusses why companies may profer a particular source of finance. (text from preface)