Principles of corporate finance describes the theory and practice of corporate finance. The writers hardly need to explain why financial managers should master the practical aspects of their job, but we should spell out why down - to -earth, resblooded managers need to bother with theory. This book is written for students of financial management. For many readers, it is their first look at the world of finance. The writers have streamlined and simplified the exposition of major concepts, with special attention to Chapter 1 through 12, where the fundamental concepts of valuation, risk and return, and capital budgeting are introduced. In chapter 14 the book describes as a freestanding introduction to the nature of the corporation, to the major sources of corporate financing, and to fnancial markets and institutions. Chapter 15 discusses on international differences in security issues procedures. Chapter 34 looks at some of the international differences in financial architecture and ownership. The last one chapter conclses the main idea of this book like what we do and do not know about finance, that can help the student to review whata they learn from this material