David Hillier Knihy

This new European edition of the best-selling US text offers clear and practical coverage of financial markets and corporate strategy, across the current international context. Features of this edition increased mathematical rigour and new mathematical appendices; coverage of European institutions, markets and systems; and, discussion and comparision of international markets and global capital markets. European and international examples provided throughout the book, anchoring the theory to real-world practice

'Corporate Finance' emphasizes the modern fundamentals of the theory of finance while providing contemporary examples to make the theory come to life. The authors David Hillier, Stephen Ross, Randolph Westerfield, Jeffrey Jaffe and Bradford Jordan present corporate finance as the working of a small number of integrated and powerful institutions

The book explores how recent global challenges, including a pandemic, climate change, and geopolitical tensions, have reshaped international financial markets and corporate strategies. It critically examines the validity of traditional finance theories in light of these disruptions, highlighting the need for a re-evaluation of their relevance to modern corporate decision-making. The emergence of new artificial technologies further complicates the landscape, prompting a fresh perspective on finance and strategy in an evolving world.