Product Description

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 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.

Product Details

• Amazon Sales Rank: #7439 in Books
• Published on: 2009-02-24
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 976 pages

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.

Customer Reviews

A standout introduction to corporate finance
This text was a requirement for my Chartered Financial Analyst exam, and it has been one of the few texts that I have decided to keep on my bookshelf. It does a wonderful job of making basic financial subjects like time value of money and capital structure lucid and easy to understand. I only wish more finance professors would use it in their classrooms rather than the dry, pedantic texts they've been using! Just having an academic text that speaks plain English is a boon for students, and "Fundamentals of Corporate Finance" excels in that respect.

Ross does it again!
I have two corp fin books by Ross and company. This book was purchased while studing for the Level I of the CFA exam. The other book was used in graduate school. Both books are sub par in quality and were not cheap either. Save your money. Don't use this text.

Description not clear
The book arrived in pretty good condition however, it is the instructor's edition. This part of the description was abbreviated by the word, "annotated..." with the words instructor's edition not included. Therefore it does not serve my need to instruct me properly as a student. I have emailed the seller and they sent me this reply in a format that I do not recognize but inside of all the symbols are words to the effect that since it has been over 14 days, they won't issue a refund. Unfortunately the class just started and they seem unwilling to work with me. Textbooksrus is now on my list of non-user-friendly book sellers.