The new edition of this popular introductory textbook on corporate finance has been fully updated and revised. The text blends the theoretical, analytical and practical aspects of the subject in a way which is particularly suitable for those readers approaching it for the first time. Written in a gentle and student-friendly style, the book is an accessible introduction to making decisions about which investments the firm should make and how best to finance those decisions. New material has been added on recent empirical research evidence and examples of actions taken by real firms in areas including derivatives; strategic planning; and financing working capital.