Lessons in Corporate Finance: A Case Studies Approach to Financial Tools, Financial Policies, and Valuation by Paul Asquith & Lawrence A. Weiss

book review


Paul Asquith and Lawrence A. Weiss’ “Lessons in Corporate Finance: A Case Studies Approach to Financial Tools, Financial Policies, and Valuation” is a great reference guide and, as the title says, lightly touches upon topics in corporate finance with a one-of-kind interactive quiz approach. “Lessons in Corporate Finance” guides the aspiring business owner and financial analysts to form analysis, valuation, and managing the flow of cash in a corporate setting.

About the Author

Paul Asquith is Gordon Y. Billard Professor of Finance at MIT’s Sloan School for over 30 years and has served as a Senior Associate Dean and Chairman of Sloan’s Building Committee. He is also a Research Associate of the National Bureau of Economic Research. 

Lawrence A. Weiss is an award-winning Professor of International Accounting at Tufts University and has taught introductory courses on financial accounting and managerial accounting and finance. Previously, he has taught that Georgetown University, IMD, HEC Lausanne, MIT’s Sloan School, INSEAD, Tulane, Babson, and McGill University. 

Table of Contents

  • About the Authors
  • Acknowledgements
  • Preface
  1. Chapter 1: Introduction
    1. Part One
  2. Chapter 2: Determining a Firm’s Financial Health (PIPES-A)
  3. Chapter 3: Pro Forma Forecasts (PIPES-B)
  4. Chapter 4: The Impact of Seasonality on a Firm’s Funding (PIPES-C)
    1. Part Two: Firm Financing and Financial Policies
  5. Chapter 5: Why Financing Matter (Massey Ferguson)
  6. Chapter 6: An Introduction to Capital Structure Theory
  7. Chapter 7: Capital Structure Decisions (Mariott Corporation and Gary Wilson)
  8. Chapter 8: Investment Decisions (Mariott Corporation and Gary Wilson)
  9. Chapter 9: Financial Policy Decisions (AT&T: Before and After the 1984 Divestiture)
  10. Chapter 10: The Impact of Operating Strategy on Corporate Finance Policy (MCI)
  11. Chapter 11: Dividends and Stock Repurchases (Apple Inc.)
  12. Chapter 12: A continuation of Capital Structure Theory
  13. Chapter 13: Restructuring and Bankruptcy: When things go wrong (Avaya Holdings)
    1. Part Three: Investments and Valuation
  14. Chapter 14: The Time Value of Money: Discounting and Net Present Values
  15. Chapter 15: Valuation and Cash Flows (Sungreen A)
  16. Chapter 16: Valuation (Sungreen B)
  17. Chapter 17: Valuation Nuances
  18. Chapter 18: Leveraged Buyouts and Private Equity Financing (Congoleum)
  19. Chapter 19: Mergers and Acquisitions: Strategic Issues (The Dollar Stores)
  20. Chapter 20: Valuing an Acquisition: Free Cash Flows to the Firm (The Dollar Stores)
  21. Chapter 21: Understanding Free Cash Flows (The Dollar Stores)
  22. Chapter 22: Mergers and Acquisitions (The Dollar Stores)
  23. Chapter 23: Review
  • Glossary
  • Index