Essentials of Corporate Finance

STEPHEN A. ROSS Sloan School of Management, Massachusetts Institute of Technology Stephen A. Ross was 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 was widely 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 also served as an associate editor of several academic and practitioner journals. He was a trustee of CalTech. He died suddenly in March of 2017.



Rowan Trayler is a senior lecturer in the School of Finance and Economics at the University of Technology, Sydney (UTS) and the Director of the Master of Business in Finance. He has over 20 years experience teaching introductory finance courses to both undergraduate and postgraduate students at UTS. His experience includes teaching small group, executive MBA classes to large mass lectures for first year undergraduate finance students. He has also been a visiting lecturer at several universities in the United States and has conducted a number of in-house finance courses for non-finance executives. Rowan has extensive experience in the banking and finance industry and has a several international publications to his name in these areas. He was a member of the New South Wales state committee of the Australasian Institute of Banking and Finance from 2000 to 2005. His teaching philosophy is closely aligned to the writing style of the Ross text and this Australian adaptation has incorporated that style. Rowan has a straightforward and well-designed approach to teaching introductory finance courses which students appreciate, and he is keen to embrace new technologies in teaching including web-based resources.



Randolph W.Westerfield is Dean Emeritus of the University of Southern California's Marshall School of Business and is the Charles B. Thornton Professor of Finance. He came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and a member of the finance faculty for 20 years.



Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance at the University of Kentucky. He has a longstanding interest in both applied and theoretical issues in corporate finance and has extensive experience teaching all levels of corporate finance and financial management policy.