Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The Tenth Edition includes many exciting new research findings as well as an enhanced Connect Finance, now with even more student learning resources. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.
Primarily intended as a text for postgraduate students of management and those pursuing postgraduate courses in finance, this study explains corporate finance as an area of finance dealing with the financial decisions corporations make and ...
mation for management about such matters as the relative costs and profitability of segments of the enterprise . ... H. Thomas Johnson and Robert S. Kaplan , Relevance Lost : The Rise and Fall of Management Accounting ( Boston : Harvard ...
Even if the interest on a bond is well below market rates, a bond can still be attractive if it's sold at a heavy discount. If a bond is sold at a premium price, it can still be attractive if it has high interest rates.
n o i t a s n e p m o C e r u t u F 20-22 CHAPTER 20 Options and Corporate Finance Boards of directors. holder's payoff function is flat to the left of the face value of the debt, the value of the manager's compensation is downward ...
The Short Introduction to Corporate Finance provides an accessibly written guide to contemporary financial institutional practice.
This book is the ideal introduction for anyone looking for a short yet scholarly overview of corporate finance.
... and Economic Efficiency (Washington, DC: Brookings Institution, 1987), 167; and M. Cho and M. Cohen, βThe Economic Causes and Consequences of Corporate Divestiture,β Managerial and Decision Economics 18 (1997): 367β374.
This Advanced Introduction presents the modern theories of corporate finance.
Ang, J., T. Arnold, C. M. Conover and C. Lancaster (2010) 'Maintaining a flexible payout policy in a mature industry: The Case of Crown Cork and Seal in the Connelly Era', Journal of Applied Corporate Finance, Vol. 22, pp. 30β44.
"This book covers the theory and practice of Corporate Finance from a truly European perspective.