The Revolution in Corporate Finance

Overview

The third edition of this widely used collection provides a thoroughly revised set of seminal articles presenting the latest in academic thinking by experts in the field of finance. Using articles from the highly regarded Journal of Applied Corporate Finance, it gives real insight into the practical implications of the most recent theoretical advances in the field.

The completely revised and updated third edition retains a number of the key original articles and adds new pieces ...

See more details below
Available through our Marketplace sellers.
Other sellers (Paperback)
  • All (14) from $1.99   
  • Used (14) from $1.99   
Close
Sort by
Page 1 of 2
Showing 1 – 10 of 14 (2 pages)
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$1.99
Seller since 2014

Feedback rating:

(1748)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

Acceptable
Textbook– Sound copy, mild reading wear. May or may not have untested CD or Infotrac. May contain highlighting, underlining or writing in text. No international shipping.

Ships from: Hillsboro, OR

Usually ships in 1-2 business days

  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$1.99
Seller since 2005

Feedback rating:

(4048)

Condition: Good
second Good [ No Hassle 30 Day Returns ] [ Edition: second ] Publisher: Blackwell Pub Pub Date: 9/1/1992 Binding: Paperback Pages: 550.

Ships from: College Park, MD

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$1.99
Seller since 2005

Feedback rating:

(1130)

Condition: Good
1992 Paperback Good Highlighting.

Ships from: Ventura, CA

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$1.99
Seller since 2008

Feedback rating:

(15980)

Condition: Good
Good condition. 2nd edition.

Ships from: Frederick, MD

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$2.39
Seller since 2009

Feedback rating:

(3604)

Condition: Good
01/09/1992 Paperback Used-Good Book in good or better condition. Dispatched same day from US or UK warehouse.

Ships from: Valley Cottage, NY

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$2.39
Seller since 2009

Feedback rating:

(3604)

Condition: Good
01/09/1992 Paperback Used-Good Book in good or better condition. Dispatched same day from US or UK warehouse.

Ships from: Valley Cottage, NY

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$9.79
Seller since 2006

Feedback rating:

(48)

Condition: Very Good
1992 Soft Cover Second Edition Very Good 4to-over 9?"-12" tall. 1992 Soft Cover. Blackwell-Publisher. Stated 2nd Edition. 634 pgs. Few check marks in Table of Contents. No other ... reader marks found. Bindig solid. Cover very good with only light shelf/edge wear. Using articles from the highly regarded Journal of Applied Corporate Finance, it gives real insight into the practical implications of the theoretical advances in the field. Read more Show Less

Ships from: Nashville, IN

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$10.99
Seller since 2014

Feedback rating:

(37)

Condition: Good
Buy with Confidence. Excellent Customer Support. We ship from multiple US locations. No CD, DVD or Access Code Included.

Ships from: Fort Mill, SC

Usually ships in 1-2 business days

  • Standard, 48 States
$18.98
Seller since 2010

Feedback rating:

(5)

Condition: Good
1992 Paperback Good We ship items in 1 working day from UK. *****PLEASE NOTE: This item is shipping from an authorized seller in Europe. In the event that a return is ... necessary, you will be able to return your item within the US. To learn more about our European sellers and policies see the BookQuest FAQ section***** Read more Show Less

Ships from: Bedford, United Kingdom

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
$20.64
Seller since 2011

Feedback rating:

(7)

Condition: Good
01/01/1992 Paperback Good Ships from the UK within 24 hours. Number of pages: 634. Corners bumped. Second Edition. *****PLEASE NOTE: This item is shipping from an authorized ... seller in Europe. In the event that a return is necessary, you will be able to return your item within the US. To learn more about our European sellers and policies see the BookQuest FAQ section***** Read more Show Less

Ships from: nr Bath, United Kingdom

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 2
Showing 1 – 10 of 14 (2 pages)
Close
Sort by
Sending request ...

Overview

The third edition of this widely used collection provides a thoroughly revised set of seminal articles presenting the latest in academic thinking by experts in the field of finance. Using articles from the highly regarded Journal of Applied Corporate Finance, it gives real insight into the practical implications of the most recent theoretical advances in the field.

The completely revised and updated third edition retains a number of the key original articles and adds new pieces on the most important recent developments, including corporate governance, corporate restructuring, risk management, dividend policy, capital structure, and the economic consequences of high leverage and stock market pressures on corporate management and the role of corporate boards in the 1990s.

Read More Show Less

Product Details

  • ISBN-13: 9780631185543
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 11/1/1992
  • Edition description: Older Edition
  • Edition number: 2
  • Pages: 550

Meet the Author

Joel M. Stern is Managing Partner of Stern Stewart & Co., a New York corporate financial advisory firm. He is author of Analytical Methods in Financial Planning and Measuring Corporate Performance, and currently serves as Adjunct Professor of Finance at Columbia University’s Graduate School of Business.

Donald H. Chew was a founding partner of Stern Stewart & Co., and is Editor-in-Chief of the Bank of America Journal of Applied Corporate Finance. He holds a Ph.D. in English and American Literature, as well as an M.B.A. in Finance, from the University of Rochester.

Read More Show Less

Table of Contents

Preface to the Fourth Edition
Preface to the First Edition
Pt. I Financial Markets 1
1 The History of Finance: An Eyewitness Account 3
2 The Theory of Stock Market Efficiency: Accomplishments and Limitations 10
3 Market Myths 25
4 An Analysis of Trading Profits: How Trading Rooms Really Make Money 44
Pt. II The Corporate Investment Decision 51
5 Finance Theory and Financial Strategy 54
6 In Defense of Beta 63
7 The Liquidity Route to a Lower Cost of Capital 70
8 The Promise of Real Options 89
9 Real Options: State of the Practice 106
Pt. III The Financing Decision I: Capital Structure 125
10 The Modigliani-Miller Propositions After Thirty Years 129
11 Still Searching for Optimal Capital Structure 142
12 The Capital Structure Puzzle: Another Look at the Evidence 153
13 What Do We Know About Stock Repurchases? 167
14 The Dividend Cut: "Heard 'Round the World": The Case of FPL 190
15 Stern Stewart Roundtable on Capital Structure and Stock Repurchase 203
Pt. IV The Financing Decision II: The Finance Vehicles 239
16 Raising Capital: Theory and Evidence 242
17 Financing Corporate Growth 260
18 Are Banks Still Special? New Evidence on Their Role in the Corporate Capital-Raising Process 278
19 Convertible Bonds: Matching Financial and Real Options 291
20 The Uses of Hybrid Debt in Managing Corporate Risk 306
21 Using Project Finance to Fund Infrastructure Investments 318
Pt. V Risk Management 333
22 Financial Innovation: Achievements and Prospects 337
23 Managing Financial Risk 345
24 Rethinking Risk Management 367
25 Theory of Risk Capital in Financial Firms 385
26 Corporate Insurance Strategy: The Case of British Petroleum 403
27 Value at Risk: Uses and Abuses 416
Pt. VI International Finance 431
28 Financial Markets and Economic Growth 434
29 Globalization, Corporate Finance, and the Cost of Capital 442
30 Globalization of Capital Markets and the Asian Financial Crisis 461
31 Incorporating Country Risk in the Valuation of Offshore Projects 472
32 Yankee Bonds and Cross-Border Private Placements: An Update 485
33 Financial Risk Management for Developing Countries: A Policy Overview 498
Pt. VII International Corporate Governance 515
34 Is American Corporate Governance Fatally Flawed? 518
35 The Role of Corporate Governance in South Korean Economic Reform 526
36 Corporate Ownership and Control in the U.K., Germany, and France 535
37 Universal Banks Are Not the Answer to America's Corporate Governance "Problem": A Look at Germany, Japan, and the U.S. 552
38 Which Capitalism? Lessons from the East Asian Crisis 570
39 Measuring the Effectiveness of Different Corporate Governance Systems: Toward a More Scientific Approach 579
Epilogue 589
40 Merton Miller's Contribution to Modern Finance 590
Index 603
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)