Pascal Quiry - Corporate Finance: Theory and Practice

I discovered finance with The Vernimmen about 30 years ago. Since then the different versions have accompanied me throughout my career and throughout the world. Not only was the alignment of the successive editions looking good in my different offices but I must confess I have opened and cherished each of them. Whether an investment banker, a CFO in a universal bank or more simply a world banker

Bertrand Badre, Former Managing Director and CFO of the World Bank

What sets the Vernimmen apart from other textbooks is its integration of practice and current affairs in a rigorous theoretical framework. Recipes and pontification are replaced by a scientific approach. And, thanks to the Newsletter, this is done practically in real time!

Christophe Evers, Professor of Finance at the Solvay Brussels School, Chief Financial Officer at Texaf

Corporate Finance is a very useful reference book for students and practitioners, it will help both to understand the principles of the financial markets and their practical application in today's complex environment. The book's approach is both logical and sequential and presents some interesting cases that make study easier and more stimulating.

Gabriele Galateri, Chairman of Generali, former Chairman of Telecom Italia and Mediobanca, former CEO of FIAT

Vernimmen provided people like me who were new to the world of corporate finance a perfect mix of theory and practical examples to help them develop long-lasting financial concepts. The book is a written manual for finance, explaining the fundamentals in a very thought-provoking way, making it intriguing to delve into the complexities. This book is a must-have in your personal library as you will refer back to it even after years.

Sharat Gangwani, Head of Research Systems - International Equity, Citadel

The Vernimmen is the perfect reference corporate finance book. I used it in my classes, looked back into it during my internships, use it again now to deep dive into corporate finance for my thesis and know I will keep interacting with it later in my career.

Andr Geha, Business Development Manager at Omega Financial Solutions

Vernimmen's Corporate Finance is an outstanding clear and complete manual, a wonderful merger of practice and theory. Its coverage of the market aspects of corporate finance distinguishes its content, but its treatment of all the material makes it essential reading for the student, financier or industrialist.

Howard Jones, Senior Research Fellow in Finance at Sad Business School, University of Oxford

At HEC, Pierre Vernimmen gave me a taste for finance, he taught me the basics. The Vernimmen has been with me throughout my career. It still sits on my desk since I became Chief Executive Officer of Caisse des Dpts and it is a pleasure to go back to it. Forty years later, I am happy to pay tribute to him here, and to thank his followers for keeping his teaching alive so brilliantly.

ric Lombard, Chief Executive Officer of Caisse des Dpts

The book itself covers all the important techniques that a financial manager must have in his repertoire of tools. The exposition is clear and concise and, most importantly, relies on commonsense reasoning throughout. This is not a book with obscure formulae, yet is still rigorous and at the same time a model of clarity.

Richard Roll, Professor Emeritus, Joel Fried Chair in Applied Finance at UCLA Anderson

The Vernimmen remains my bible, the only one updated every year.

Jean-Jacques Guiony, Chief Financial Officer of LVMH

Pierre Vernimmen

CORPORATE FINANCE

THEORY AND PRACTICE

Sixth Edition

Pierre Vernimmen

Pascal Quiry

Yann Le Fur

This edition first published 2022

2022 John Wiley & Sons, Ltd

First edition published 2007, second edition published 2009, third edition published 2011, fourth edition published 2014, fifth edition published 2018, all by John Wiley & Sons, Ltd

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Library of Congress Cataloging-in-Publication Data

Names: Vernimmen, Pierre, author. | Quiry, Pascal, author. | Le Fur, Yann, author.

Title: Corporate finance : theory and practice / Pierre Vernimmen, Pascal Quiry, Yann Le Fur.

Description: Sixth edition. | Chichester, West Sussex, United Kingdom : Wiley, 2022. | Includes index. | Description based on print version record and CIP data provided by publisher; resource not viewed.

Identifiers: LCCN 2021046901 (print) | LCCN 2021046902 (ebook) | ISBN 9781119841623 (paperback) | ISBN 9781119841647 (adobe pdf) | ISBN 9781119841630 (epub) | ISBN 9781119841654 (obk)

Subjects: LCSH: CorporationsFinance. | Business enterprisesFinance.

Classification: LCC HG4026 (ebook) | LCC HG4026 .V467 2022 (print) | DDC 658.15 23/eng/20211dc04

LC record available at https://lccn.loc.gov/2021046901

LC record available at https://lccn.loc.gov/2021046902

Cover Design: Wiley

Cover Image: cherezoff/Shutterstock; Pakin Songmor/Getty Images