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: 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; a unified valuation approach - net present value (NPV) is treated as the basic concept underlying corporate finance, and every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects; and, a managerial focus - the authors emphasise the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The ninth 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 been updated and improved, and with the new Excel Master online tool, student and instructor support has never been stronger. The Alternate Edition includes 6 more chapters than the Standard Edition.Über den Autor:
STEPHEN A. ROSS, Sloan School of Management , Massachusetts Institute of Technology Stephen A. Ross is the Franco Modigliani Professor of Financial 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, as well as for having made 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 and is a trustee of CalTech.
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