Free corporate finance textbook

The price of textbooks has risen fifteenfold since 1970, three times the rate of inflation. I’ve written previously (Breaking the textbook drug habit) about this problem, but there is an even better solution for those of you teaching corporate finance/financial management.

Ivo Welch, a professor at UCLA, has written a corporate finance textbook with a free online edition and a low-cost print edition. Accepi, our online homework platform, fully supports the book, so that instructors who want to use online homework, exams or practice assignments can do so easily.

Corporate Finance (Fourth Edition)


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