Places emphasis on the fundamentals of the theory of finance and provides contemporary examples. This book develops the central concepts of finance such as arbitrage, net present value, efficient markets, agency theory, and the trade-off between risk and return, and uses them to explain corporate finance with a balance of theory and application.
Corporate Finance, by Ross, Westerfield, Jaffe and Jordan was written to convey the most important corporate finance concepts and applications as a level that is approachable to the widest possible audience. The concise format, managerial context and design, and student-friendly writing style are key attributes in this text. We took the best from RWJ Fundamentals and RWJ Corporate to create a book that fits an underserved need in the market. RWJJ Core Principles strikes a balance by introducing and covering the essentials, while leaving more specialized topics to follow-up courses. This text distills the subject of corporate finance down to its core, while also maintaining a deciding modern approach. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool.
Three core themes underpin the exploration of corporate finance in this best-selling text. It emphasizes the importance of understanding the relationship between risk and return, the role of financial markets, and the significance of financial decision-making. Through clear explanations and practical examples, the book provides insights into how these elements influence corporate strategies and performance, making it an essential resource for students and professionals in finance.
Presenting a comprehensive overview of corporate finance, this text is designed for undergraduates taking courses in all areas of finance.
The three basic themes that emerge in this student text are an emphasis on working at an intuitive level, a unified valuation approach to corporate finance and a managerial focus emphasising the role of the financial manager as a decision maker.
This book expands on fundamental concepts by incorporating four advanced chapters that delve into critical financial topics. Readers will explore Risk Management strategies, gain insights into Financial Engineering, understand Option Valuation techniques, and learn about Mergers and Acquisitions, as well as Leasing. These additions provide a comprehensive understanding of complex financial mechanisms, making it a valuable resource for those looking to deepen their knowledge in the field.
The LearnSmart engine enhances the reading experience by tailoring content to each student's knowledge level. As students engage with the material, it adapts in real-time, concentrating on areas where they need improvement, thereby effectively addressing knowledge gaps. This personalized approach fosters a more efficient and focused learning process.
