Modern financial theory foundation

Author: Su Dongwei
Publisher:
Publish Date: 2003-09-01
Features: "Modern Financial Theory: Basic Principles and Methods" systematically introduces the fundamental principles and methods of Western microfinance in a refined and concise manner. It elucidates the basic theories and practical applications in fields such as securities investment, corporate financial management, financial instruments, and capital market operations in an accessible way, helping readers understand the essence of modern financial theory and master scientific quantitative analysis techniques. The book includes seven chapters: Western Financial Statement Analysis, Quantitative Risk Assessment, Optimal Investment Decisions, Security Portfolio Selection, Asset Pricing Theory, Market Efficiency Hypothesis, and Derivative Pricing Models, accompanied by multimedia course materials and a problem set. It is suitable for senior undergraduate students in finance, economics, business, management, and accounting (bilingual teaching programs), as well as graduate students in investment studies, financial management, or securities market studies. It can also serve as a training textbook and reference for employees of financial institutions and corporate management personnel.
Author Bio: Su Dongwei was born in Xiamen, Fujian Province, in 1970. He graduated from the Department of Economics at Xiamen University in July 1992 and went abroad to study in the United States the same year. In September 1993, he obtained an M.A. in Economics from Ohio State University and a Ph.D. in Economics in June 1997. In August 1997, he was appointed as an assistant professor in the Department of Economics at Ashland University in the United States. In September 2001, he was appointed as an assistant professor in the Department of Finance at Morgan State University. In September 2002, he was appointed as a professor in the Department of Finance at Jinan University.
Table of Contents: Preface Contents 1. Understanding Financial Statements 2. Understanding Risk 3. Theory of Investment Decisions 4. Theory of Portfolio Choice 5. Equilibrium Asset Pricing Models 6. Market Efficiency: Theory