Corporate Finance: The Basics by Terence C. M. Tse is an introductory textbook designed to provide a clear and accessible foundation in corporate finance. It is ideal for students and beginners who want to understand how financial decisions are made within businesses and organizations.
The book covers core topics such as the time value of money, investment appraisal, capital budgeting, risk and return, capital structure, and financial decision-making. Each concept is explained in a simple and structured manner, making complex financial theories easier to understand.
Practical examples and case studies are included to demonstrate how financial principles are applied in real-world business environments. This helps learners connect theory with practice and develop analytical thinking skills.
The text also introduces key tools used in corporate finance, such as valuation techniques and risk assessment methods, helping readers build a strong foundation for further study in finance, accounting, or business management.
Overall, this book is an excellent starting point for learners seeking to understand how businesses manage money, evaluate investments, and make strategic financial decisions in a corporate environment.