Financial Theory and
Corporate Policy, 4/E
Thomas E. Copeland, The
Monitor
J. Fred Weston, The Anderson
School, University of California, Los Angeles
Kuldeep Shastri, Joseph M.
Katz Graduate School of Business, University of Pittsburgh
Description
This classic textbook in the
field, now completely revised and updated, provides a bridge between theory and practice.
Appropriate for the second course in Finance for MBA students and the first course in
Finance for doctoral students, the text prepares students for the complex world of modern
financial scholarship and practice. It presents a unified treatment of finance combining
theory, empirical evidence and applications.
Features
- Clear and succinct
discussion of current trends and recent contributions to finance literature provides a
solid foundation in established finance theory.
- Emphasizes applications to
help students better understand the uses of Finance theory.
- End-of-chapter problems
challenge students to think analytically and apply their understanding of the theory.
Table of Contents
I. FINANCIAL THEORY.
1. Introduction to
Capital Markets, Consumption and Investment.
2. Investment
Decisions: The Certainty Case.
3. Theory of Choice
Under Uncertainty: Utility Theory.
4. State-Preference
Theory.
5. Objects of Choice.
6. Market
Equilibrium: CAPM and APT.
7. Pricing Contingent
Claims: Option Price Theory and Evidence.
8. Futures Contracts
and Markets - Term Structure - Cox, Ingersoll, Ross.
9. Multiperiod
Aspects of Financial Theory - Real Options - Investment.
10. Efficient Capital
Markets: Theory.
11. Efficient Capital
Market: Evidence.
12. Information Asymmetry:
Agency Cost Theory and Signaling.
II. CORPORATE POLICY.
13. The Role of the CFO and
Performance Measurement.
14. Valuation and Tax
Policy.
15. Capital Structure.
16. Dividend Policy.
17. Applied Issues in
Corporate Finance.
18. External Investment
Decisions.
19. International Finance:
Theory and Evidence.
20. Open-Ended Issues for
Research.
998 PAGES