Financial Markets and Corporate Strategy (Second Edition) (Second Edition)

Author: Mark Grinblatt (University of California--Los Angeles)
Publisher: McGraw-Hill
Publication Date: 2002-01-01
Features: This textbook represents the cutting edge of what top scholars and practitioners know about finance—finally made practical and accessible. It is a corporate book, yet it presents cutting-edge investment theory, offering the forefront on interpreting what the data says about the theories, cutting-edge on risk management, capital budgeting, and on the issues that need to be considered to determine both a firm's proper mix of debt and equity financing and its value-maximizing dividend policy. It tells practitioners/students how to do it and is the first book to teach, with careful step-by-step pedagogy, and how to think for themselves about it. This book is highly favored by top scholars and practitioners in the field of finance, as it presents the frontier issues in the field of finance in an easy-to-understand, practical way, focusing on various aspects of cutting-edge theoretical research in investment theory, risk management, capital budgeting, etc. Additionally, the book employs a layered analysis approach, enabling learners to comprehensively master the latest research findings in the field of finance through progressive learning. The original title of this book is "Financial Markets Corporate Strategy, 2nd."