EBOOK Fundamentals of Corporate Finance
Author | : Stephen Ross |
Publisher | : McGraw-Hill Education Australia |
Total Pages | : 2518 |
Release | : 2021-04-02 |
ISBN-10 | : 9781743768082 |
ISBN-13 | : 1743768087 |
Rating | : 4/5 (82 Downloads) |
Download or read book EBOOK Fundamentals of Corporate Finance written by Stephen Ross and published by McGraw-Hill Education Australia. This book was released on 2021-04-02 with total page 2518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Corporate Finance 8e combines an applied introduction of concepts, with a clear and strong focus on learning outcomes. Based on the principle that students’ understanding of corporate finance should be developed in terms of a few integrated and powerful ideas, it has 3 basic themes at its core: 1. An emphasis on intuition: It separates and explains key principles on a common-sense, intuitive level before launching into specifics. The intuitive organisation of chapters also means that traditionally ‘more-difficult’ topics arise as a natural extension to the work that has gone before. 2. A unified valuation approach: Net present value (NPV) is treated as the basic concept underlying corporate finance. 3. A managerial focus: It emphasises the role of the financial manager as a decision maker, and the need for managerial input and judgement is stressed. Up-to-date examples and cases in all chapters make the 8th edition a comprehensive manual of applied financial management, covering financial hot topics and focus areas, as well as a historic overview of developments in (and lessons learned from) equity and debt markets. Cases focusing on well-known ANZ and international companies show how recognisable organisations put corporate finance into practice, and how real-world events such as the COVID-19 pandemic affect some of their corporate finance decisions. This new edition is even more flexible than its predecessors, offering flexibility of coverage to unit coordinators in designing their courses.