by RandolphWesterfield (Author), JeffreyJaffe (Author), StephenA.Ross (Author)
The aim of this book is to emphasize the modern fundamentals of the theory of finance. Contemporary examples are used to balance theory and practice, and corporate finance is presented as the workings of a small number of integrated and powerful intuitions. The book also uses the significant events in the financial life cycle of a typical firm, such as the initial dividend, a merger, recapitalization and bankruptcy, to bring the basic intuitions alive. New material on inefficient markets includes the long-run-return research on IPOs, discussion of share repurchases is included and there is expanded treatment of derivatives and hedging, and a model to predicting bankruptcy is included in the chapter on financial distress. Updated learning aids use end-of-chapter problems, figures and tables.
Format: Paperback
Pages: 990
Edition: International 2 Revised ed
Publisher: McGraw-Hill Education (ISE Editions)
Published: 01 Dec 1996
ISBN 10: 0071146857
ISBN 13: 9780071146852