Average Reviews:
(More customer reviews)This is my first corporate finance textbook at the graduate level. Damodaran's presentation is straight-forward in terms of its logical order, and his language is very readable. My key complaint -- and it recurs throughout the book -- is that the author does not clearly lay out theory before moving into detailed real-world applications. As a result, often the reader is left reverse-engineering key concepts from case studies. The first few times you have to do this, it seems challenging, but by the tenth or twentieth chapter you've had it. It's got some elements of a great book, but because of its lack of clarity I can only give it 3 stars.
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Aswath Damodaran is nationally recognized for his teaching approach, using theory and the models that flow from it to understand, analyze and solve problems. He treats corporate finance as a living discipline by making it much more applied than other textbooks. Throughout the text, real companies and real data are used in examples and exercises.
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