Corporate Finance (Seventh Edition)

Author: (USA) Stephen A. Ross, Randolph W. Westerfield, Jeffrey F. Jaffe
Publishing House:
Publish Date: 2005-04-01
Features: The chapter structure has been reorganized, with added content on financial accounting, cash flow, and sustainable growth; more than half of Chapter 8 has been updated to include risk analysis and futures contracts; Chapter 6 has been significantly improved; Chapter 13 now includes an introductory overview of behavioral finance to reflect the latest developments in financial market theory; new theoretical advancements in capital budgeting, capital structure, and dividends have been integrated into Chapters 7, 15, 16, and 18; Chapter 18 has been revised to shift from dividend policy to dividend and other payout policies, providing a more comprehensive coverage, including the addition of stock repurchase content; all the data in the book has been updated, moving from the original 1999 data to 2001.
Corporate Finance is a masterpiece by three renowned American finance and financial scholars: Stephen A. Ross, Randolph W. Westerfield, and Jeffrey F. Jaffe. They are not only world-famous scholars but also serve as consultants and leaders in major corporations, financial institutions, securities firms, and government departments. This book is well-structured, logically cohesive, clearly organized, and emphasizes both theory and application, methodology and principles, as well as narrative and proof. It blends simplicity with academic depth, conveying profound insights in an accessible manner, making it highly popular among business school students and faculty worldwide, including North America, Asia, Australia, and Europe.
We have previously translated the 5th and 6th editions of this book, and the Chinese versions have been widely embraced by students and faculty in major business schools across mainland China, Hong Kong, Macau, and Taiwan. They are frequently selected as teaching materials for Chinese MBA programs in international business schools. I am confident that the 7th edition will bring us even greater surprises.