Theoretical Foundations of Corporate Finance

Name: Theoretical Foundations of Corporate Finance
Brand: NewSouth Books
SKU: 9780691087948
Price: 152.0 NZD
Availability: InStock

By João Amaro de Matos

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Summary

Theoretical Foundations of Corporate Finance by João Amaro de Matos explores the principles underpinning corporate finance. The book delves into topics like agency theory, asymmetric information, and corporate control, offering analytical insights and a rigorous academic approach to understanding how these factors influence financial decision-making within firms. It's a comprehensive resource for those interested in the theoretical aspects of corporate finance.
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Format: Hardback

$152⁰⁰

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Theoretical Foundations of Corporate Finance

$152⁰⁰

Elsewhere:

~~$167⁹⁶~~

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you are interested in the fundamental principles that underpin corporate finance. It's ideal for readers who seek a theoretical understanding of financial decision-making processes, with insights into core concepts such as capital structure, valuation, and risk management.

Corporate finance is the area of finance that studies the determinants of firms' values, including capital structure, financing, and investment decisions. This book focuses on the theoretical foundations of the subject at the PhD level. Each chapter includes exercises that vary in difficulty, with suggested solutions provided in an appendix.

This is a well motivated book likely to have a market beyond Ph.D. students. The material is clearly exposited, and I recommend its use. -- Sudipto Bhattacharya, London School of Economics This text covers the most important topics in corporate finance. The author has done an excellent job in summarizing in a rigorous way the theory as well as evidence of corporate finance. -- Theo Vermaelen, INSEAD, Paris

Description

Theoretical Foundations of Corporate Finance by João Amaro de Matos explores the area of finance that examines the determinants of firms' values, encompassing capital structure, financing, and investment decisions. Unlike other texts, this book focuses on the theoretical foundations of corporate finance in a consistent and integrated manner at the PhD level.

This work serves not only as a textbook for advanced graduate students but also as a general reference for researchers and sophisticated practitioners. The material is carefully selected to ensure a fundamental understanding of underlying theories, making the text invaluable for years to come.

The book is organised into three parts. The first section introduces the basic principles of valuation based on the absence of arbitrage, discussing the determinants of the optimal capital structure through the seminal works of Modigliani and Miller.

In the second section, the book examines the implications of agency problems and information asymmetries for capital structure, with particular emphasis on payout policy and the design of debt contracts.

The concluding section delves into various methods of restructuring capital, ensuring a comprehensive understanding of the subject.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Theoretical Foundations of Corporate Finance is praised for its clear exposition and motivation, appealing to a wider audience beyond just Ph.D. students. It effectively summarises key topics in corporate finance with rigour, blending theory and evidence seamlessly.

Book Details

INFORMATION

ISBN: 9780691087948

Publisher: Princeton University Press

Format: Hardback

Date Published: 25 November 2001

Country: United States

Imprint: Princeton University Press

Illustration: 9 figures

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Width: 152.0mm

Height: 235.0mm

Weight: 595g

Pages: 320

Collections

Business & Entrepreneurship Business Leadership & Management Finance & Economics Finance & Investment João Amaro de Matos Non-Fiction

About the Author

Joo Amaro de Matos is Director of the Undergraduate Business Program in the School of Economics, Universidade Nova de Lisboa, Portugal. His teaching includes MBA and Ph.D. courses in Europe and Brazil, and he holds Ph.D.s in both Management and Physics.