Richard Brealey

Richard Brealey co-authored "Principles of Corporate Finance" with Stewart Myers (and later Franklin Allen), which has been the dominant corporate finance textbook for MBA students since its first edition in 1981. The book covers capital budgeting, risk and return, capital structure, dividend policy, and corporate governance with a blend of theory and practical application. Brealey is a professor at London Business School and has also contributed research on investment management and financial markets. The textbook has trained generations of investment bankers, corporate finance professionals, and academics. Its enduring influence reflects the authors' discipline in integrating rigorous financial theory with practical frameworks that practitioners can apply directly to capital allocation decisions, mergers and acquisitions analysis, and corporate restructuring — making it the reference that connects MBA education with the analytical foundations of institutional finance.