The primary metric for determining how financial decisions add or destroy firm value.
Deep dives into issuing equity, long-term debt, and leasing.
Using models like CAPM and Arbitrage Pricing Theory to evaluate investment opportunities.
Corporate Finance, 10th Edition by Stephen Ross, Randolph Westerfield, and Jeffrey Jaffe remains a cornerstone text for MBA and advanced undergraduate finance students. This edition emphasizes the modern fundamentals of financial theory while grounding them in contemporary, real-world examples to show how theory translates into corporate practice. Core Themes and Pedagogical Approach
Mergers and acquisitions (M&A), financial distress, and international corporate finance. What's New in the 10th Edition
Detailed coverage of the time value of money, bond and stock valuation, and NPV rules.
Market history lessons and the technical application of the Capital Asset Pricing Model (CAPM).
This edition incorporates updated research and technology to enhance the learning experience: Corporate Finance - McGraw Hill
The 10th edition is systematically organized into eight main parts to guide readers through the financial lifecycle of a firm:
Managing working capital, cash, and credit to ensure daily liquidity.