, CORPORATE F INANCE
THE BASICS
Corporate Finance: The Basics is a concise introduction to the inner
workings of finance at the company level. It aims to take the fear
out of corporate finance and add the fun in, presenting the subject
in a way that is simple to grasp and easy to digest. Its aim is to
explain – and demystify – the essential ideas of corporate finance,
avoiding the heavy use of maths and formulae. The calculations
and figures in the book are purely to illustrate fundamental con
cepts, appealing to readers’ common sense, rather than stretching
their ability to do “number-crunching”.
This fully revised edition takes into account the most recent
developments in the corporate financial landscape, including: the
longer-term ramifications of the 2008 financial crisis, the impact of
the Covid-19 pandemic, rising inflation and the current economic
climate, and the effect of environmental, social and governance
(ESG) on a company’s financial decisions. A brand-new chapter
which seeks to answer the question of how to manage growing
businesses from a finance perspective is also included.
Through the use of a subject map, this book explains how the key
components of the subject are connected with each other, strengthen
ing the reader’s understanding. This book is the ideal introduction for
anyone looking for a short yet scholarly overview of corporate finance.
Terence C.M. Tse is Professor of Finance at Hult International
Business School. Terence is also a co-founder and Executive
Director of Nexus FrontierTech, an AI company. In addition, he
is an affiliated professor at ESCP Business School and Cotrugli
Business School.
,“Corporate finance is a complex subject and it is often misunder
stood. Dr Tse’s contribution is to simplify (in a good way) finance
and get to the essence of what really matters. It is an important
read for those who want to better understand how finance impacts
corporate decisions.”
Christophe Y. Le Caillec, Deputy CFO at American Express
“In his usual energetic fashion, Professor Tse elegantly walks us
through the ever-important corporate finance theory, providing
insightful examples to illuminate its every-day use. Given global
uncertainties, I found his focus on important themes – such as
liquidity, working capital and free cash flow management – parti
cularly pertinent.”
Christian Leibl, Managing Director, Head of Corporate Solutions
Group EMEA, SMBC Bank International
“A mandatory read for entrepreneurs, both on their journey or
starting out. The clarity and simplicity around financial concepts
that should be front of mind and key to running and scaling any
successful enterprise, in particular high growth businesses. All Tech
entrepreneurs or otherwise should keep this as a valued reminder
on their desk to focus on the basics!”
Andrea Acerbi, Partner, QVentures
, T h e Ba s i c s
The Basics is a highly successful series of accessible guidebooks which provide an
overview of the fundamental principles of a subject area in a jargon-free and
undaunting format.
Intended for students approaching a subject for the first time, the books both
introduce the essentials of a subject and provide an ideal springboard for further
study. With over 50 titles spanning subjects from artificial intelligence (AI) to
women’s studies, The Basics are an ideal starting point for students seeking to
understand a subject area.
Each text comes with recommendations for further study and gradually
introduces the complexities and nuances within a subject.
TRUTH
JC BEALL AND BEN MIDDLETON
PERCEPTION
BENCE NANAY
C.G.JUNG’S COLLECTED WORKS
ANN YEOMAN AND KEVIN LU
CORPORATE FINANCE
TERENCE C.M. TSE
FILM GENRE
BARRY KEITH GRANT
RELIGIONS AND SPORTS
TERRY D. SHOEMAKER
CRITICAL THEORY
MARTIN SHUSTER
For a full list of titles in this series, please visit www.routledge.com/The-Basics/
book-series/B
THE BASICS
Corporate Finance: The Basics is a concise introduction to the inner
workings of finance at the company level. It aims to take the fear
out of corporate finance and add the fun in, presenting the subject
in a way that is simple to grasp and easy to digest. Its aim is to
explain – and demystify – the essential ideas of corporate finance,
avoiding the heavy use of maths and formulae. The calculations
and figures in the book are purely to illustrate fundamental con
cepts, appealing to readers’ common sense, rather than stretching
their ability to do “number-crunching”.
This fully revised edition takes into account the most recent
developments in the corporate financial landscape, including: the
longer-term ramifications of the 2008 financial crisis, the impact of
the Covid-19 pandemic, rising inflation and the current economic
climate, and the effect of environmental, social and governance
(ESG) on a company’s financial decisions. A brand-new chapter
which seeks to answer the question of how to manage growing
businesses from a finance perspective is also included.
Through the use of a subject map, this book explains how the key
components of the subject are connected with each other, strengthen
ing the reader’s understanding. This book is the ideal introduction for
anyone looking for a short yet scholarly overview of corporate finance.
Terence C.M. Tse is Professor of Finance at Hult International
Business School. Terence is also a co-founder and Executive
Director of Nexus FrontierTech, an AI company. In addition, he
is an affiliated professor at ESCP Business School and Cotrugli
Business School.
,“Corporate finance is a complex subject and it is often misunder
stood. Dr Tse’s contribution is to simplify (in a good way) finance
and get to the essence of what really matters. It is an important
read for those who want to better understand how finance impacts
corporate decisions.”
Christophe Y. Le Caillec, Deputy CFO at American Express
“In his usual energetic fashion, Professor Tse elegantly walks us
through the ever-important corporate finance theory, providing
insightful examples to illuminate its every-day use. Given global
uncertainties, I found his focus on important themes – such as
liquidity, working capital and free cash flow management – parti
cularly pertinent.”
Christian Leibl, Managing Director, Head of Corporate Solutions
Group EMEA, SMBC Bank International
“A mandatory read for entrepreneurs, both on their journey or
starting out. The clarity and simplicity around financial concepts
that should be front of mind and key to running and scaling any
successful enterprise, in particular high growth businesses. All Tech
entrepreneurs or otherwise should keep this as a valued reminder
on their desk to focus on the basics!”
Andrea Acerbi, Partner, QVentures
, T h e Ba s i c s
The Basics is a highly successful series of accessible guidebooks which provide an
overview of the fundamental principles of a subject area in a jargon-free and
undaunting format.
Intended for students approaching a subject for the first time, the books both
introduce the essentials of a subject and provide an ideal springboard for further
study. With over 50 titles spanning subjects from artificial intelligence (AI) to
women’s studies, The Basics are an ideal starting point for students seeking to
understand a subject area.
Each text comes with recommendations for further study and gradually
introduces the complexities and nuances within a subject.
TRUTH
JC BEALL AND BEN MIDDLETON
PERCEPTION
BENCE NANAY
C.G.JUNG’S COLLECTED WORKS
ANN YEOMAN AND KEVIN LU
CORPORATE FINANCE
TERENCE C.M. TSE
FILM GENRE
BARRY KEITH GRANT
RELIGIONS AND SPORTS
TERRY D. SHOEMAKER
CRITICAL THEORY
MARTIN SHUSTER
For a full list of titles in this series, please visit www.routledge.com/The-Basics/
book-series/B
