Corporate Finance [Hardcover]

Scott B. Smart (Author), William L Megginson (Author), Lawrence J. Gitman (Author)

Book Description

ISBN-10: 003035076X | ISBN-13: 978-0030350764 | Publication Date: April 2, 2003 | Edition: 1

Smart, Megginson, and Gitman have created a technologically sophisticated, yet easy to use, book on Corporate Finance. Corporate Finance, 1e, has video interviews with leading scholars such as Myron Scholes, Jay Ritter, Ken French, and many other financial luminaries, along with video clips with business executives from high profile companies such as Intel, Goldman Sachs, and Ford. Practitioners explain how they apply financial theory to solve real business problems. Real-world examples from more than a dozen countries reinforce an applied, global perspective. Understand the nuances of financial theory and how theory is currently evolving using the different videos, integrated flash animated concept tutorials and problem solutions. For example, flash animations allow review of complex topics from portfolio theory to hedging to option pricing. Smart, Megginson, and Gitman created the animations and the videos and integrated them with the flow of the textbook rather than simply creating the clips as an optional add-on. The result: Solid finance coverage within a highly engaging, interactive book that helps one grasp the important elements of financial theory and how that theory is applied in business. You need to see how this book delivers solid coverage coupled with exciting new technology!

Editorial Reviews

Review

I would rate this textbook as Superior. It is incrementally better than the majority of competitors for the purpose of teaching an introductory general MBA course in finance. It focuses on practical applications and concepts, so that many MBAs would find it interesting and understandable.

I consider this to be the best text in this area that I have seen based on the level of detail and thorough incorporation of the finance literature. For these reasons, I would definitely consider using the text and have already recommended it to colleagues.

I applaud and wholeheartedly agree with the authors’ stated objectives for this text—the authors appear to have made major progress in achieving their vision.

About the Author

Scott Smart is the Eli Lilly Finance Faculty Fellow and Director of the Corporate Finance Academy at Indiana University's Kelley School of Business, where he has been a member of the finance faculty since 1990. In addition to INTRODUCTION TO CORPORATE FINANCE, he has published articles in such scholarly journals as the Journal of Finance, the Journal of Financial Economics, and the Review of Economics and Statistics. His research has been cited by the Wall Street Journal, New York Post, Business Week, Fortune, and other major newspapers and periodicals. Professor Smart has been recognized as a "Master Teacher" by Business Week continuously in the last 10 years, and he has won more than a dozen teaching awards. His consulting clients include Intel, Synopsys, and Unext. Professor Smart has served on local boards of directors for Habitat for Humanity and other nonprofit groups. Completing his undergraduate work at Baylor University, he received his Ph.D. from Stanford University.

Bill Megginson is a professor and Rainbolt Chair in Finance at the University of Oklahoma. In addition to INTRODUCTION TO CORPORATE FINANCE, first published in 2005, Dr. Megginson has published 15 articles in top academic journals, including the Journal of Finance; the Journal of Financial Economics; the Journal of Financial and Quantitative Analysis; the Journal of Money, Credit, and Banking; the Journal of Applied Corporate Finance; and Financial Management. His co-authored study documenting significant performance improvements in recently privatized companies received one of two Smith Breeden Distinguished Paper Awards for outstanding research published in the Journal of Finance. In addition, Professor Megginson has presented academic papers at more than 30 conferences, as well as at the National Bureau of Economic Research, the Federal Reserve Banks of New York and Dallas, the OECD, the International Federation of Stock Exchanges, and the World Bank. He also is a voting member of the Italian Ministry of Economics and Finance's Global Advisory Committee on Privatization. Dr. Megginson has visited 52 countries and has served as a consultant for the New York Stock Exchange, the OECD, the IMF, the World Federation of Exchanges, and the World Bank. He has a Ph.D. in finance from Florida State University.

Lawrence J. Gitman is an emeritus professor of finance at San Diego State University. A prolific writer, Dr. Gitman has more than 50 articles appearing in such publications as FINANCIAL MANAGEMENT, FINANCIAL REVIEW, FINANCIAL SERVICES REVIEW, JOURNAL OF FINANCIAL PLANNING, JOURNAL OF RISK AND INSURANCE, JOURNAL OF FINANCIAL RESEARCH, FINANCIAL PRACTICE AND EDUCATION, and JOURNAL OF FINANCIAL EDUCATION. His major textbooks include PRINCIPLES OF MANAGERIAL FINANCE: BRIEF, 5e, PRINCIPLES OF MANAGERIAL FINANCE, 12e, and FOUNDATIONS OF MANAGERIAL FINANCE, 4e. He also co-authored PERSONAL FINANCIAL PLANNING, 11e and FUNDAMENTALS OF INVESTING, 10e with Michael D. Joehnk, and their INVESTMENT FUNDAMENTALS: A GUIDE TO BECOMING A KNOWLEDGEABLE INVESTOR was selected as one of 1988's ten best personal finance books by MONEY magazine. In addition, he co-authored INTRODUCTION TO FINANCE with Jeff Madura and CORPORATE FINANCE, 2e with Scott B. Smart and William L. Meggison. An active member of numerous professional organizations, Professor Gitman is past president of the Academy of Financial Services, the San Diego Chapter of the Financial Executives Institute, the Midwest Finance Association, and the FMA National Honor Society. In addition, he is a Certified Financial Planner and a Certified Cash Manager. Dr. Gitman served as vice-president, financial education of the Financial Management Association, as a director of the San Diego MIT Enterprise Form, and on the CFP© Board of Standards. He received his bachelor's degree from Purdue University, his MBA from the University of Dayton, and his Ph.D. from the University of Cincinnati. He and his wife have two children and live in La Jolla, Calif., where he is an avid bicyclist.

Product Details

• Hardcover: 1040 pages
• Publisher: South-Western College Pub; 1 edition (April 2, 2003)
• Language: English
• ISBN-10: 003035076X
• ISBN-13: 978-0030350764
• Product Dimensions: 10.3 x 8.2 x 1.4 inches
• Shipping Weight: 4.4 pounds
• Average Customer Review: 3.4 out of 5 stars  See all reviews (11 customer reviews)
• Amazon Best Sellers Rank: #1,517,863 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

1.0 out of 5 stars Supplemental Materials inaccessible, November 11, 2007

By 

J. Haden (Virginia) - See all my reviews
(REAL NAME)   

This review is from: Corporate Finance (with Thomson ONE - Business School Edition 6-Month Printed Access Card) (Hardcover)

Book references videos and animations which are supposed to come with the purchase of the text and accessed via access code / serial number. This is not the case. I was told by Thomson support this access must be purchased in addition to text. Very misleading. Now, I have a text with hundreds of distracting side bars referencing videos and animations for some of the more complex formulas and calculation which cannot be accessed without forking out even more money. The text is meaningless and irritating.

3 of 3 people found the following review helpful:

1.0 out of 5 stars wordy and rambling, December 12, 2008

By 

BB - See all my reviews

Amazon Verified Purchase

This review is from: Corporate Finance (with Thomson ONE - Business School Edition 6-Month and Smart Finance Printed Access Card) (Hardcover)

If you're looking for concise and clearly explained answers, this book is not for you. The author tends to go off tangent, dragging out his explanation in a long winded fashion. He probably tried to write as if he were telling a story, frequently asking rhetorical questions in a vain attempt to add more drama and stir up interest.

4 of 6 people found the following review helpful:

1.0 out of 5 stars WARNING: Paperback edition is NOT the same as hardcover edition!, October 11, 2009

By 

DJS "DJS" (Lansing, MI) - See all my reviews

This review is from: Introduction to Corporate Finance (Paperback)

WARNING: The paperback edition is NOT the same as the hardcover edition! I purchased a paperback edition for use in my MBA course and ended up having to purchase the hardcover edition in order to complete the course. Amazon makes it look as if these are the same book, when in fact they are not. Very frustrating, and very expensive. If you're purchasing this book for a class, make sure you are getting the edition you really need.