Fundamentals of Corporate Finance

Fundamentals of Corporate Finance: 2024 Release, authored by Stephen A. Ross, Randolph W. Westerfield, and Bradford D. Jordan, is an introductory textbook published by McGraw-Hill Higher Education. Designed for introductory business and corporate finance courses, the volume introduces fundamental valuation principles to both finance majors and non-majors.

The text treats net present value as the central, unifying valuation concept underlying all corporate finance topics. This single analytical framework connects foundational financial principles directly to business valuation and corporate decision-making.

A defining pedagogical characteristic is the emphasis on intuition, explaining concepts at a common-sense level before introducing technical specifics. This approach supports corporate finance instructors guiding introductory classes while serving as a useful reference for finance professionals seeking to refresh core concepts.