Introduction to Corporate Finance: What Is It and Why Does It Matter?

Our story begins on May 11, 1993 in Tokyo's famed Ryogoku Sumo Hall, where one of the two writers of this book, though far from a knowledgeable or committed fan of sumo wrestling, is watching the annual tournament of champions. Sitting next to him is a considerably older, exceptionally animated gray-haired American who joins in the shouting of the names of the favorites and, in keeping with Japanese custom, the casting of fistfuls of salt-and the odd cushion or two-on fellow spectators to express approval.