Fundamentals of Corporate Finance Standard Edition [Hardcover]

Stephen A. Ross (Author), Randolph Westerfield (Author), Bradford D. Jordan (Author)

Book Description

ISBN-10: 007353062X | ISBN-13: 978-0073530628 | Publication Date: March 21, 2007 | Edition: 8

The best-selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle– that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book: 1) An emphasis on intuition—underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Eighth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has also been updated and improved. From a new computerized test bank that is easier than ever to use, to new narrated PowerPoint for students, to new interactive learning modules, student and instructor support has never been stronger. There is also an optional, exciting new web-based program called "McGraw-Hill’s Homework Manager" that will help your students learn corporate finance by duplicating problems from each chapter in the textbook and by providing automatic grading and feedback to both students and instructors.

Editorial Reviews

About the Author

Stephen Ross is presently 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 is recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he currently serves as an associate editor of several academic and practitioner journals. He is a trustee of CalTech, a director of the College Retirement Equity Fund (CREF), and Freddie Mac. He is also the co-chairman of Roll and Ross Asset Management Corporation.

Randoloph W. Westerfield is Dean of the Marshall School of Business at University of Southern California and holder of the Robert R. Dockson Dean’s Chair of Business Administration. From 1988 to 1993, Professor Westerfield served as the chairman of the School’s finance and business economics department and the Charles B. Thornton Professor of Finance. He came to USC from The Wharton School, University of Pennsylvania, where he was the chairman of the finance department and member of the finance faculty for 20 years. His areas of expertise include corporate financial policy, investment management and analysis, mergers and acquisitions, and stock market price behavior. Professor Westerfield has served as a member of the Continental Bank trust committee, supervising all activities of the trust department. He has been consultant to a number of corporations, including AT&T, Mobil Oil and Pacific Enterprises, as well as to the United Nations, the U.S. Department of Justice and Labor, and the State of California.

Bradford D. Jordan is Professor of Finance and Gatton Research Fellow in the Carol Martin Gatton College of Business and Economics at the University of Kentucky. He has a long-standing interest in both applied and theoretical issues in corporate finance, and has extensive experience teaching all levels of corporate finance and financial management policy. Professor Jordan has published numerous articles on issues such as cost of capital, capital structure, and the behavior of security prices.

Product Details

• Hardcover: 832 pages
• Publisher: McGraw-Hill/Irwin; 8 edition (March 21, 2007)
• Language: English
• ISBN-10: 007353062X
• ISBN-13: 978-0073530628
• Product Dimensions: 10.1 x 8.1 x 0.9 inches
• Shipping Weight: 3.5 pounds
• Average Customer Review: 3.4 out of 5 stars  See all reviews (13 customer reviews)
• Amazon Best Sellers Rank: #30,238 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

5 of 5 people found the following review helpful:

5.0 out of 5 stars Great book, February 7, 2009

By 

olivpi - See all my reviews

This review is from: Fundamentals of Corporate Finance Standard Edition (Hardcover)

Great book that covers a wide range of topics, from financial statement basics to bond valuation, investment decisions and dividend policy. The text is clear and sometimes humorous, a lot of problems enable self-testing. The authors present general theories but also they keep in mind real-world applications. I highly recommend it.

6 of 7 people found the following review helpful:

5.0 out of 5 stars It's a great book!, February 24, 2009

By 

P. ASSISI (San Jose, CA USA) - See all my reviews
(REAL NAME)   

This review is from: Fundamentals of Corporate Finance Standard Edition (Hardcover)

This is a great book which any Finance major student should read. Easy to read and easy to understand. Clear definitions and examples. I love the way they explain examples (step-by-step). Furthermore, the quality of paper is very good. I love it!!!

3 of 4 people found the following review helpful:

5.0 out of 5 stars I like the book, February 10, 2009

By 

Ms. Yin Ying "Lily" (New York) - See all my reviews
(REAL NAME)   

This review is from: Fundamentals of Corporate Finance Standard Edition (Hardcover)

I like the book. It is easy to understand, and contains hints on how to use financial calculator, which is useful to handle real problems. Also the service is satisfied. The product was delivered on time.