This course of lectures introduces students to elementary concepts of corporate finance using a more systematic approach than is generally found in other textbooks. Axioms are first highlighted and the implications of these important concepts are studied afterwards. These implications are used to answer questions about corporate finance, including issues related to derivatives pricing, state-price probabilities, dynamic hedging, dividends, capital structure decisions, and risk and incentive management. Numerical examples are provided, and the mathematics is kept simple throughout. In this second edition, explanations have been improved, based on the authors' experience teaching the material, especially concerning the scope of state-price probabilities in Chapter 12. There is also a new Chapter 22: Fourteen Insights.
Lectures in Corporate Finance
This volume will introduce the reader to basic topics of corporate finance.
Lectures in Corporate Finance
Lectures in Corporate Finance
Divided into three straightforward and accessible parts, this useful guide contains important information and actionable strategies that you can use whether you are a Board Director, CFO, Treasurer, business development executive, or M&A ...
This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models.
This collection of lectures covers highly relevant topics with financial insights and implications, that are very important to business managers and individual investors.
Setting a new milestone in the field, The Theory of Corporate Finance will be the authoritative text for years to come.
In this book Ross makes a strong case that these concepts are the fundamental pillars of modern finance and, in particular, of market efficiency.
This book provides a framework for thinking about economic instiutions such as firms.