Problems to Accompany the Financial Policy of Corporations (Classic Reprint) - Tapa blanda

Excerpt from Problems to Accompany the Financial Policy of Corporations

This book of problems has been prepared at the request of several teachers of corporation finance in the belief that college classes working in that general field would profit by a discussion of typical cases. The material has been taken, for the most part, from actual experiences, although in the majority of cases irrelevant details have been omitted. The matter has also been simplified, especially in the problems of the latter sections of the pamphlet. Most of the problems have been used by the author in his course on corporation finance at the Harvard School of Business Administration.

It is now a commonplace in educational theory that case instruction is, wherever practicable, the best form of teach ing. A student cannot be said to know a subject until he feels sufficiently at home in it to solve its problems. Not only does this kind of exercise test the student's grasp on fundamental principles, but it also affords a form of training which should be the ideal of all educational processes - it cre ates conditions that force a student to isolate relevant evi dence from a mass of detail and weigh this evidence in the light of principles. It creates a mental and moral power that enables a man to meet new situations in any field, wherever his life work may lie.

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