The subjects covered are important for the understanding of almost all facets of corporate finance. It contains formal economic analyses (with equations and models) presented with exceptional intuition. To my knowledge, no such text has been published before, and the book fills an important gap in the literature. The book is designed for professors and graduate students but can also be of interest to practitioners with a strong background in economics and finance. Its content is devoted to positive and normative analyses of corporate finance and is directed at an authence interested in the theoretical foundations of corporate finance. The book consists of 16 chapters divided into six parts, a seventh part containing answers to selected exercises and review problems, a comprehensive list of references at the end of each chapter, and a subject index. Although the emphasis is on theory, the book contains many examples and stylized facts that illustrate concepts of corporate finance theory, such as security design, incentives, and controls, which are the basis of modern corporate finance. It also covers in detail various corporate governance issues faced by organizations, including financial institutions such as banks and insurance companies. This book proposes an original contribution to the economics and finance literature by developing the foundations of corporate finance. Jean TirĂ³le has contributed to many aspects of economic theory, including industrial organization, public economics, contract theory, game theory, finance, and corporate governance. The Theory of Corporate Finance, by Jean Tirole, 2006, Princeton, NJ: Princeton University Press, 644 pages.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |