Introducing Corporate Finance 2nd edition is an Australian text written for one semester introductory finance and corporate finance courses at both the undergraduate and postgraduate level. This text focuses on offering a true introduction to corporate finance, with extensive explanations and case studies that apply real-world finance scenarios to corporate finance theory. The fundamental concepts and theories of corporate finance are effectively contextualised through the use of Australian company financial data, strategically placed pedagogical elements to reinforce learning and an accessible writing style.N EW TO THIS EDITION *Aspects of behavioural finance are considered throughout the text, helping students understand how the predictions of the theories discussed may not always hold in the real world*The writing style and content is accessible to all students as the text offers extensive explanations and case studies to support the theories presented in the text*Real-world data from Australian companies and the financial media help students contextualise the content*Expanded end-of-chapter activities and end-of-book case studies *Extensive use of easy-to-follow and fully-worked examples for calculation questions, many with a corresponding Finance Workshop that allows students to try their skills straight away and refer to the relevant material without flipping through the chapter.F EATURES *Scene setters present diverse real-world corporate finance scenarios that support learning and apply the theory developed in the chapter*Finance Workshops positioned throughout encourage students to apply their knowledge to typical corporate finance decisions and processes * Worked examples are strategically positioned to reiterate important corporate finance processes and calculations, enabling students to develop a deeper understanding of the topic presented*Finance World is a chapter vignette that presents contemporary business thinking, decisions and opinions on a range of relevant events in the corporate world*Self-Test Problems at the end of each chapter contain a number of activities designed to provide students with the confidence to work through the end-of-chapter exercises and problems. Worked solutions to these Self-Test Problems are provided. ABOUT THE AUTHORS Diana Beal is an Associate Professor in Finance at the University of Southern Queensland. She joined USQ in 1988 and has since completed a Masters and a PhD in economics. Diana’s initial training was as an economist and she worked for the government, both federal and state, for eight years.She also has a commerce degree, and can therefore read between the lines of a balance sheet. She has always had an interest in both business and personal finance. With an interest in most financial markets, Diana has traded property, shares, collectibles, forex and options. In addition, she ran her own business for 15 years before joining USQ. While at USQ, Diana has taught courses in business finance, personal finance, applied microeconomics, macroeconomics, financial markets and financial institutions management. Michelle Goyen is a lecturer at the University of Southern Queensland. Prior to becoming an academic, she worked in a variety of industries, the most relevant of which was benchmarking the performance of small firms. Michelle has enjoyed teaching corporate finance for about a decade. She is especially interested in the application of theory to real-world settings and considering how people’s behaviour modifies predicted outcomes. Her main research areas lie in the area of investor behaviour and the valuation of initial public offers in Australia.Michelle has an Honours degree in Accounting and Financial Management from the University of New England and a Masters of Commerce from the University of Southern Queensland. Abul Shamsuddin is Associate Professor of Finance in the Newcastle Graduate School of Business, University of Newcastle. He received his PhD in 1994 from Simon Fraser University, Canada. Prior to his current position, Abul taught at the University of New England and Simon Fraser University for 15 years. He co-authored a book, Investments: Analysis and Management (Wiley, 2003) and published in various refereed journals. His research interests include asset pricing and capital market integration. He has held visiting appointments at the Australian National University, La Trobe University and Simon Fraser University, among others. He is a Senior Associate of the Australasian Institute of Banking and Finance.
