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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.
Stephen Ross
STEPHEN A. ROSS Sloan School of Management, Massachusetts Institute of Technology
Stephen A. Ross was the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross was widely recognized for his work in developing the...
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