Stephen A. Ross is a distinguished economist and finance scholar whose work has profoundly shaped our understanding of financial economics. His academic career, spanning prestigious institutions like Yale and MIT, highlights a lifelong dedication to advancing financial theory. Ross is recognized for his contributions to asset pricing models and his exploration of the intricate relationship between risk and return. His intellectual legacy continues to inspire generations of students and researchers in the financial field.
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.
Presenting a comprehensive overview of corporate finance, this text is designed for undergraduates taking courses in all areas of finance.
Corporate Finance, by Ross, Westerfield, and Jaffe is a popular textbook that 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. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. Brad Jordan, known for his successful work on the RWJ Fundamentals and Essentials books, contributed to this edition. His influence will be seen particularly in the writing style with smoother coverage of topics, and the increased quality in the problem material.
The story follows Luke Garrett, a top sniper with a dark past, and his spotter Chuck Reagan, both retired SEALs seeking peace. Their tranquility is disrupted when the CIA recruits them to eliminate Carlos "El Lobo" Quintana, a ruthless drug lord linked to immense suffering and death. Faced with the moral dilemma of returning to a violent life for a noble cause, Luke and Chuck must decide if they will accept this dangerous mission and confront the challenges that lie ahead.
Focusing on essential concepts, this book is tailored for MBA students and designed to be covered in a single term. It emphasizes practical applications over theoretical complexities, minimizing extensive calculations to highlight intuitive principles. Central to the content is the concept of net present value, which ties together various topics in corporate finance. The text underscores the financial manager's role in decision-making, emphasizing the importance of managerial judgment in valuation-related decisions. Specialized topics are reserved for advanced courses.
