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Corporate Finance, 9th Edition, by Stephen A. Ross, Randoloh W. Westerfield, Jeffrey Jaffe
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Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. The ninth edition has been fully updated to reflect the recent financial crisis and is now accompanied by Connect, an exciting new homework management system.
- Sales Rank: #149873 in Books
- Brand: McGraw-Hill Irwin
- Published on: 2009-10-09
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 10.70" h x 1.70" w x 7.90" l, 4.40 pounds
- Binding: Hardcover
- 1056 pages
- corporate finance
- 9th edition
About the Author
Stephen Ross is presently the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross is recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he currently serves as an associate editor of several academic and practitioner journals. He is a trustee of CalTech, a director of the College Retirement Equity Fund (CREF), and Freddie Mac. He is also the co-chairman of Roll and Ross Asset Management Corporation.
Most helpful customer reviews
32 of 32 people found the following review helpful.
Stuningly bad book! A terrible Kindle execution also.
By beam me up Scotty
As other reviewers have noted, the book is a jumble. I can't find my way through chapters logically, let alone see the logical flow of the book as a whole. It claims to have electronic links to things like spreadsheets and videos...it does not. All the links are dead. The publisher's website promises tons of content, and there's virtually nothing, and what is there is just fluff, not of any real use.
And finally, the book is not updated in any meaningful way since the 8th edition (I compared it in the library). Literally all they did was tweak the number in the problem section so you don't get the same answers. Every word of the text is verbatim, except for some very minor changes (they refer to different baseball players' salaries, or sales of expensive art auction items). So they published a "new" edition not cause there's new information, or to update the content in keeping with the 2008-present recession, or anything else of academic merit. The changes are basically cosmetic, in order to sell more books. Putting out a new edition was not just unnecessary, it was evil.
As for the Kindle execution...first, no page numbers. All books of this sort need literal page numbers, so that kindle users can follow along with the rest of the class. then, they only let you use it on two devices. One of the beauties of Kindle books is that you can bounce from device to device; your phone, your iPad, your laptop, your desktop and home and work, your Kindle, the new Kindle you had to buy because the old one got stolen, the new Kindle you bought because the newer models just came out...you get my drift. NOT with this book! You're limited to two devices. TWO! Utterly ridiculous.
In sum, DO NOT BUY THIS BOOK. If you have to, plead to get a used copy of the 8th edition, you'll learn every bit as much. What might be missing can be found on the web. Teachers...if you must assign it to students, at least have the courtesy to let students us an older edition, since the 8th is exactly the same book.
12 of 12 people found the following review helpful.
Connect access code is missing!! warning.. ...
By A. G.
Connect access code is missing!! warning...and then you will have to buy access code from connect site which cost $130.
10 of 10 people found the following review helpful.
Connect code not included. McGraw Hill's way of bleeding ...
By mary1015
Connect code not included. McGraw Hill's way of bleeding money out of students to get the same material in a different format. I am returning the book for a full refund, will buy the used copy and save my 150extra dollars.
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