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Determines how much cash should be returned to stockholders versus being reinvested in the business. Key Features of the 2nd Edition

In the years leading up to the publication of the 2nd edition, finance education was often bifurcated. On one side were the theorists—academics who developed complex mathematical models assuming perfect markets and rational actors. On the other side were the practitioners—investment bankers and CFOs who relied on rules of thumb, market sentiment, and often, sheer intuition.

The book has several key features that make it a valuable resource for students and practitioners:

The book has several key features that make it a valuable resource for those interested in corporate finance:

 
corporate finance theory and practice 2nd edition aswath damodaran pdf