{"product_id":"theoretical-foundations-of-corporate-finance-by-joao-amaro-de-matos-9780691087948","title":"Theoretical Foundations of Corporate Finance","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eTheoretical Foundations of Corporate Finance\u003c\/em\u003e 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.\u003c\/p\u003e\n\n\u003cp\u003eThis 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.\u003c\/p\u003e\n\n\u003cp\u003eThe 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.\u003c\/p\u003e\n\n\u003cp\u003eIn 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.\u003c\/p\u003e\n\n\u003cp\u003eThe concluding section delves into various methods of restructuring capital, ensuring a comprehensive understanding of the subject.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"NewSouth Books","offers":[{"title":"Default Title","offer_id":46481725096172,"sku":"9780691087948","price":152.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/866623482434.jpg?v=1748214510","url":"https:\/\/bookhero.co.nz\/products\/theoretical-foundations-of-corporate-finance-by-joao-amaro-de-matos-9780691087948","provider":"Book Hero","version":"1.0","type":"link"}