Corporate Finance is not a walk in the park. No one knows this more than celebrated authors Paul Asquith and Lawrence A. Weiss. The book is “Lessons in Corporate Finance: A Case Studies Approach to Financial Tools, Financial Policies, and Valuation” is their graceful and successful attempt at walking beginners through the basics of the subject. This the authors did through an interactive approach, with a question and answer format.
Here the questions increase in difficulty with the authors being able to answer each effectively. The book can be conceptual or detailed and precise when need be.
Asquith and Weiss further the discussion through case studies that foster discussion amongst peers. These situations provide real-world context so that financial concepts may easily be understood. These being within the material’s artillery, it is easy to say that the book, “Lessons in Corporate Finance: A Case Studies Approach to Financial Tools, Financial Policies, and Valuation,” boasts of solid foundational knowledge of Corporate Knowledge.
The book covers the following topics:
- How one can go about managing cash flows
- How good investments and financing decisions are made
- The five essential valuation methods and their sub-families
- How to execute leveraged buyouts, private equity financing, and mergers and acquisitions
- How to apply basic corporate finance tools, techniques, and policies
About the Authors
Paul Asquith and Lawrence A. Weiss are professors of repute from the MIT and Tufts University. They have managed to make the highly-technical discussions engaging. They married academic research with practical application that effectively wins the full attention of its readers. The book’s appeal to real-world situations not only aid in making good financial decisions but ultimately make them privy to how Corporate Finance works. This is indicative of Asquith and Weiss’s grounded mindset as it recognizes that the topics need to be understood in a magnanimous scale, (especially in the grassroots of Corporate Finance) without sacrificing intellect.