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Corporate Finance For Dummies, 2nd Edition
book

Corporate Finance For Dummies, 2nd Edition

by Michael Taillard
January 2022
Beginner
368 pages
9h 40m
English
For Dummies
Content preview from Corporate Finance For Dummies, 2nd Edition

Chapter 1

The Tale of Corporate Finance

IN THIS CHAPTER

Bullet Understanding the meaning of money

Bullet Looking at the study of corporate finance

Bullet Seeing the role corporate finance plays in your life

Bullet Making corporate finance work for you

Corporate finance is more than just a measure of money. As you see in this chapter, money is incidental to finance. When discussing corporate finance, we are actually looking at the entire world in a new way — a way that measures the entire universe and the things within it in a way that makes it useful to us. We can calculate things in terms of corporate finance that simply can’t be accurately measured in any other way. Throughout this chapter we talk about the nature of money and how it applies to corporate finance.

Telling a Story with Numbers

Corporate finance is the study of relationships between groups of people that quantifies the otherwise immeasurable. To understand how this definition makes any sense at all, first you have to take a quick look at the role of money in the world.

According to Adam Smith, an 18th century economist, the use of money was ...

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Publisher Resources

ISBN: 9781119850311Purchase Link