XLRI Faculty to co-author Finance classic with Brealey, Myers and Allen

According to XLRI, he will be the new co-authored of finance classic Principles of Corporate Finance along with Brealey, Myers and Allen. This text book is considered a Bible in the world of corporate finance, and used by leading institutions all over the world. Its three other authors are Richard A Brealey of London Business School, Stewart C Myers of MIT and Franklin Allen of University of Pennsylvania.

Says XLRI, It is indeed a matter of great honour to have one of our professors to co-author such an illustrious book.

Prof. Pitabas Mohanty is a Fellow of the Indian Institute of Management Bangalore. A Gold Medallist in MA (Applied Economics), he is also a Chartered Financial Analyst and a cost accountant.

Prof Mohanty has also co-authored another prestigious book Investments along with Bodie, Kane and Marcus. Prof Mohanty has won the Best Young Teacher Award from AIMS in 2002. He has also won the first prize for two consecutive years in the Capital Markets Conference organized by the UTI Institute of Capital Markets. He has also got the prestigious Citibank Research Excellence Award in IIM Bangalore.

Principles of Corporate Finance, a leading text book in the corporate finance area, was first published in 1983. It is known for its intuitive, conversational style and for being able to tie together many of the important ideas in corporate finance.