The Best Widely-Used Corporate Finance Textbook
- Now free for download but also featuring an affordable $60 paperback version.
- (Past editions have an even wider GNU license. See here for details.)
- 5th edition expected May 2021—with modifiable source on Overleaf.
A quick read. Please do not email me unless you have read the FAQ first.
Teaching slides used in a UCLA intro course for MFE students in 2017
(Planned Updates in 2021: (1) bringing in more recent stock market data. The chapters will not change. (2) some more visual and audio multi-media content, with ed.movies. This includes some humourous videos, like the ones linked below, as well as a podcast version of some chapter [to see if there is interest].)
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I also posted my 2018 presentation to the FMA why this book is the best there is at here.
I have various other chapters (e.g., on empirical capital structure in the U.S., governance, international finance, and options), but they are not yet well formatted. Use at your own risk: companion 2020.
An old writeup, but still the right way to teach the CAPM, but never fully developed.
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