000			02340nam a22002057a 4500
005			20240308164733.0
008			240221b |||||||| |||| 00| 0 eng d
020			_a9780691125565
082			_a658.15 _bTIR
100			_aTirole, Jean _914533
245			_aThe theory of corporate finance
260			_bPrinceton University Press _aNew Jersey _c2006
300			_axii, 644 p.
365			_aUSD _b105.00
520			_aThe past twenty years have seen great theoretical and empirical advances in the field of corporate finance. Whereas once the subject addressed mainly the financing of corporations—equity, debt, and valuation—today it also embraces crucial issues of governance, liquidity, risk management, relationships between banks and corporations, and the macroeconomic impact of corporations. However, this progress has left in its wake a jumbled array of concepts and models that students are often hard put to make sense of. Here, one of the world’s leading economists offers a lucid, unified, and comprehensive introduction to modern corporate finance theory. Jean Tirole builds his landmark book around a single model, using an incentive or contract theory approach. Filling a major gap in the field, The Theory of Corporate Finance is an indispensable resource for graduate and advanced undergraduate students as well as researchers of corporate finance, industrial organization, political economy, development, and macroeconomics. Tirole conveys the organizing principles that structure the analysis of today’s key management and public policy issues, such as the reform of corporate governance and auditing; the role of private equity, financial markets, and takeovers; the efficient determination of leverage, dividends, liquidity, and risk management; and the design of managerial incentive packages. He weaves empirical studies into the book’s theoretical analysis. And he places the corporation in its broader environment, both microeconomic and macroeconomic, and examines the two-way interaction between the corporate environment and institutions. (https://press.princeton.edu/books/hardcover/9780691125565/the-theory-of-corporate-finance)
650			_aCorporations--Finance _916047
650			_aBusiness enterprises--Finance _916199
650			_aCorporate governance _915766
942			_cBK _2ddc
999			_c6292 _d6292