Book description
The definitive question and answer guide to understanding corporate finance
From the team behind the popular corporate finance website,
Vernimmen. com comes a concise guide to the subject, presented in an
easy-to-use, highly accessible "question and answer" format.
An essential reference for students of corporate finance and
practising corporate financiers alike, Frequently Asked Questions
in Corporate Finance answers key questions in financial
engineering, valuation, financial policy, cost of capital, financial
analysis, and financial management. Covering both the theory and
practice of corporate finance, the book demonstrates how financial
theory can be put to use solving practical problems.
- What advantages are there to a business looking to spin off its
divisions into subsidiaries?
- Is there a formula that can be used to determine the change in
normalised free cash flows?
- What are the possible reasons behind a share buyback? What are
the pros and cons of off-market share buy-back?
Filled with the answers to all of the most common, and not so common,
questions about corporate finance, the book presents authoritative,
reliable information from a respected team of experts from the
banking, corporate, and academic worlds.
Pascal Quiry is a professor of finance at the
leading European business school HEC Paris, and a managing director in
the Corporate Finance arm of BNP Paribas specializing in M&A.
Maurizio Dallocchio is Bocconi University Nomura Chair of
Corporate Finance and Past Dean of SDA Bocconi, School of Management.
Yann Le Fur is a corporate finance teacher at HEC Paris
business school and an investment banker with Mediobanca in Paris
after several years with Schroders and Citi.
Antonio Salvi is Full Professor of Corporate Finance at Jean
Monnet University, Italy. He also teaches corporate finance at EMLyon
Business School and SDA Bocconi School of Management.
Pierre Vernimmen who died in 1996, was both an M&A
dealmaker and a finance teacher at HEC Paris. His book, Finance
d'Entreprise, was and still is the top-selling financial textbook
in French-speaking countries and is the forebear of Corporate
Finance: Theory and Practice.