Theoretical Foundations of Corporate Finance
Smartfox Books Code: PR8852
Approx $133.13 USD
"Theoretical Foundations of Corporate Finance" offers a comprehensive and in-depth exploration of the key principles and models that form the basis of corporate finance. This book delves into the complex theories that underpin financial decision-making within corporations, providing a robust framework for understanding how companies manage their financial resources, structure their capital, and navigate financial markets.
This text is essential reading for advanced students, researchers, and professionals in finance who seek a thorough understanding of corporate finance theory. It covers topics such as capital structure, financial risk management, valuation, and the role of financial markets in corporate decision-making. By integrating theoretical concepts with practical applications, the book helps readers develop the skills needed to analyze and implement effective corporate finance strategies.
Key Features:
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Comprehensive Coverage: The book offers detailed coverage of the fundamental theories and models in corporate finance,
including capital structure theory, financial markets, and risk management.
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Advanced Financial Theory: It provides an in-depth exploration of advanced concepts in corporate finance, making it ideal
for graduate students and professionals looking to deepen their knowledge.
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Practical Applications: The text bridges the gap between theory and practice by illustrating how theoretical models can be
applied to real-world corporate finance scenarios, enhancing understanding and practical skills.
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Capital Structure and Valuation: The book delves into the complexities of capital structure decisions and firm valuation,
providing insights into how companies optimize their financial strategies.
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Risk Management: Readers will gain a thorough understanding of financial risk management techniques and how they are
employed in corporate finance to mitigate risks and maximize returns.
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For Academics and Professionals: This book is a valuable resource for both academic study and professional practice,
offering insights that are applicable in various financial contexts.
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Insightful Analysis: The book offers critical analysis of key theories, helping readers to understand the strengths and
limitations of different models and approaches in corporate finance.
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Illustrative Examples: Theoretical concepts are supported by illustrative examples, case studies, and practical exercises
that aid in the comprehension and application of corporate finance principles.
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Up-to-Date Content: The book incorporates the latest research and developments in corporate finance theory, ensuring that
readers are exposed to current trends and ideas in the field.
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Ideal for Coursework: Suitable as a textbook for advanced corporate finance courses, the book is structured to support
learning and comprehension, with clear explanations and organized content.
Equip yourself with a deep understanding of corporate finance theory by exploring "Theoretical Foundations of Corporate Finance." Whether
you are a student, researcher, or finance professional, this comprehensive book provides the essential knowledge and tools needed to master
corporate finance principles and apply them effectively in real-world situations.
Coroporate finance is the area of finance that studies the determinants of firms' values, including capital structure, financing, and investment decisions. Although there are several excellent texts in corporate finance, this one focuses on the theoretical foundations of the subject in a consistent and integrated way at the PHD level. In addition to a textbook for advanced graduate students, it can aslso serve as a general reference to researchers and sophisticated practitioners. The material presented is carefully selected with an eye to what is essential to understanding the underlying theory, ensuring that this text should remain useful for years to come. The book is divided into three parts. The first section presents the basic principles of valuation based on the absence of arbitrage, including a discussion of the determinants of the optimal capital structure based on the seminal results of Modigliani and Miller. The second section discusses the implications of agency problems and information asymmetries to capital structure, giving particular attention to payout policy and to debt contract design.