JOURNAL OF HIGHER EDUCATION THEORY AND PRACTICE

Does the Choice of Introductory Corporate Finance
Textbook Affect Student Performance?

Author(s): Chien-Chih Peng

Citation: Chien-Chih Peng, (2013) "Does the Choice of Introductory Corporate Finance Textbook Affect Student Performance?," Journal of Higher Education Theory and Practice, Vol.13, Iss. 1, pp. 56 - 61

Article Type: Research paper

Publisher: North American Business Press

Abstract:

I examine whether the choice of a more readable introductory corporate finance textbook can improve
student performance. The ordinary least squares regression model is employed to analyze a sample of
260 students during the period from 2009 to 2011. In contrast to my expectation, I find that the choice of
a more readable introductory corporate finance textbook does not improve student performance
regardless of course delivery modes. I also find that student’s major, educational experience and course
delivery method are significant determinants of student performance.