Financial Markets & Corporate Strategy

3.75 avg rating
( 32 ratings by Goodreads )
 
9780071236867: Financial Markets & Corporate Strategy
View all copies of this ISBN edition:
 
 

The authors began writing the First Edition of this textbook in early 1988. It took almost 10 years to complete this effort, because they did not want to write an ordinary textbook. Their goal was to write a book that would break new ground in both the understanding and explanation of finance and its practice. They wanted to write a book that would influence the way people think about, teach, and practice finance.A book that would elevate the level of discussion and analysis in the classroom, in the corporate boardroom, and in the conference rooms of Wall Street firms. They wanted a book that would sit on the shelves of financial executives as a useful reference manual, long after the executives had studied and received a degree. They were successful in their endeavor. The success of the first edition of "Financial Markets and Corporate Strategy" was very heartening. The market for this text has expanded every year, and it is well-known as the cutting edge textbook in corporate finance around the world.The book is used in a variety of courses, both for introductory courses and advanced electives. Some schools have even changed their curriculum to design it around this text. The authors have developed this Second Edition based on the comments of many reviewers and colleagues; producing what is a more reader-friendly book. The most consistent comment from users of the first edition was a request for a chapter on the key ingredients of valuation: accounting, cash flows, and basic discounting. This ultimately led to a new chapter in the text, Chapter 9, which is currently available in the "Sample Chapter" section of the book's website. In almost every chapter, examples are updated, vignettes changed, numbers modified, statements checked for currency and historical accuracy, and exercises and examples are either modified or added to. The goal of the Second Edition is to make the book ever more practical, pedagogically effective, and current.

"synopsis" may belong to another edition of this title.

From the Publisher:

Examples have been updated, vignettes changed, numbers modified and statements checked for currency and historical accuracy, and exercises and examples have been modified or added to so that the text is even more practical, pedagogically effective and current.
Very practical text, with many real world examples embedded throughout. Each chapter opens with a real-world vignette to motivate students to learn the issues in the respective chapter.
Each chapter includes a set of learning objectives to help the student understand what should be learned and mastered from each chapter.
Virtually every chapter includes numerous examples and case studies, some hypothetical and some real, that help students gain insight into some of the most interesting and sophisticated realms of financial theory and practice.
Major results and key words and concepts are highlighted throughout each chapter. In addition, the functional use of color is deliberately and carefully done in order to call out important topics.
Practical Insights is a feature that contains unique guidelines to help students identify the important practical issues faced by the financial manager and where to look in that part of the text to help analyze those issues. This feature enables the book to serve as a reference as well as a primer on finance. Practical Insight boxes are located at the end of each of the six parts.
Executive Perspective feature provides the reader with testimonials from important financial executives, who have looked over parts of the book and highlight what issues and topics are especially important from the practicing executive's perspective. Examples include Myron S. Scholes, Thomas E. Copeland, David C. Shimko. These are also found at the end of each of the six parts, just after the Practical Insights feature.
Increased accessibility through careful topic selection (both deletions of content as well as additional new content).
A new brief section on private equity in Chapter 3, Equity Financing.
Some of the more difficult mathematical material has been cut, and made less intimidating by using narrative discussion vs. mathematical formulas, such as chapter five's discussion of mean-variance analysis.
Chapter 7 includes a new discussion about the lessons learned from the fate of Long Term Capital Management. It also includes a section about market frictions and their implications for derivative securities pricing and the management of derivatives portfolios.
Chapter 8 includes an expanded section on covered interest rate parity.
New Chapter 9: Discounting and Valuation This chapter was created based on reviewer feedback asking for a chapter that covers the key ingredients of valuation: accounting, cash flows, and basic discounting
Chapter 10 provides a more in-depth discussion of the equivalent annual cost approach and has several new results.
Chapter 11 has an expanded discussion of the distinction between firm betas and project betas and provides several new explanations for why these might differ.

About the Author:

University of California at Los Angeles, Ph.D. Yale Mark Grinblatt is Professor of Finance at UCLAs Anderson School, where he currently serves as chair of the Finance area, and where he began his career in 1981. He is also a director on the board of Salomon Swapco, Inc., a consultant to numerous firms, and serves as an associate editor of Journal of Financial and Quantitative Analysis. From 1987 to 1989, Professor Grinblatt was a visiting professor at the Wharton School and while on leave from UCLA in 1989 and 1990, he was a vice-president for Salomon Brothers, Inc., valuing complex derivatives for the fixed income arbitrage trading group in the firm. Professor Grinblatt is a noted teacher at UCLA, having been awarded teacher of the year in 1993 for UCLAs Fully-Employed MBA Program by a vote of the students. This award was based on his teaching of a course designed around early drafts of this textbook. Professor Grinblatts areas of expertise include investments, performance evaluation of fund managers, fixed income markets, corporate finance and derivatives.

"About this title" may belong to another edition of this title.

Buy Used
Condition: Very Good
The book has been read, but is... Learn more about this copy

Shipping: 2.99
From United Kingdom to U.S.A.

Destination, rates & speeds

Add to Basket

Other Popular Editions of the Same Title

9780072294330: Financial Markets & Corporate Strategy

Featured Edition

ISBN 10:  0072294337 ISBN 13:  9780072294330
Publisher: McGraw-Hill Education, 2001
Hardcover

9780256099393: Financial Markets & Corporate Strategy (Mcgraw-Hill International Editions: Finance Series)

McGraw..., 1997
Hardcover

9780072294347: Financial Markets Corporate Strategy: Student Solutions Manual

McGraw..., 2002
Softcover

9780071123419: Financial Markets and Corporate Strategy 2/e

McGraw..., 2001
Softcover

9780071157612: Financial Markets & Corporate Strategy (Mcgraw-Hill International Editions: Finance Series)

McGraw..., 1998
Softcover

Top Search Results from the AbeBooks Marketplace

1.

Titman, Sheridan
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Paperback Quantity Available: 5
Seller:
WorldofBooks
(Goring-By-Sea, WS, United Kingdom)

Book Description Paperback. Condition: Very Good. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR002793679

More information about this seller | Contact this seller

Buy Used
1.06
Convert currency

Add to Basket

Shipping: 2.99
From United Kingdom to U.S.A.
Destination, rates & speeds

2.

Grinblatt, Mark; Titman, Sheridan
Published by McGraw Hill Higher Education
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Paperback Quantity Available: 1
Seller:
ThriftBooks
(AURORA, IL, U.S.A.)

Book Description McGraw Hill Higher Education. Paperback. Condition: Good. A copy that has been read, but remains in clean condition. All pages are intact, and the cover is intact. The spine may show signs of wear. Pages can include limited notes and highlighting, and the copy can include previous owner inscriptions. At ThriftBooks, our motto is: Read More, Spend Less. Seller Inventory # G0071236864I3N00

More information about this seller | Contact this seller

Buy Used
4.29
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds
International Edition
International Edition

3.

Titman, Sheridan, Grinblatt, Mark
Published by McGraw Hill Higher Education (2001)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Paperback Quantity Available: 1
International Edition
Seller:
HPB-Dallas
(Dallas, TX, U.S.A.)

Book Description McGraw Hill Higher Education, 2001. Paperback. Condition: Good. This is an international Edition Item may show signs of shelf wear. Pages may include limited notes and highlighting. May include supplemental or companion materials if applicable. Access codes may or may not work. Connecting readers since 1972. Customer service is our top priority. Seller Inventory # mon0001614085

More information about this seller | Contact this seller

Buy Used
1.99
Convert currency

Add to Basket

Shipping: 2.31
Within U.S.A.
Destination, rates & speeds
International Edition
International Edition

4.

Titman, Sheridan, Grinblatt, Mark
Published by McGraw Hill Higher Education (2001)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Paperback Quantity Available: 1
International Edition
Seller:
HPB-Dallas
(Dallas, TX, U.S.A.)

Book Description McGraw Hill Higher Education, 2001. Paperback. Condition: Acceptable. This is an international Edition Item is intact, but may show shelf wear. Pages may include notes and highlighting. May or may not include supplemental or companion material. Access codes may or may not work. Connecting readers since 1972. Customer service is our top priority. Seller Inventory # mon0001619384

More information about this seller | Contact this seller

Buy Used
1.99
Convert currency

Add to Basket

Shipping: 2.31
Within U.S.A.
Destination, rates & speeds

5.

Titman, Sheridan, Grinblatt, Mark
Published by McGraw-Hill Higher Education (2001)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Paperback Quantity Available: 1
Seller:
WeBuyBooks
(Rossendale, LANCS, United Kingdom)

Book Description McGraw-Hill Higher Education, 2001. Paperback. Condition: Good. Small annotations to some pages, may include notes, highlighting or underlining Good condition is defined as: a copy that has been read but remains in clean condition. All of the pages are intact and the cover is intact and the spine may show signs of wear. The book may have minor markings which are not specifically mentioned. Most items will be dispatched the same or the next working day. Seller Inventory # mon0010681036

More information about this seller | Contact this seller

Buy Used
3.30
Convert currency

Add to Basket

Shipping: 2.99
From United Kingdom to U.S.A.
Destination, rates & speeds

6.

Mark Grinblatt; Sheridan Titman
Published by McGraw Hill Higher Education (2001)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Softcover Quantity Available: 1
Seller:
GlassFrogBooks
(Hawthorne, CA, U.S.A.)

Book Description McGraw Hill Higher Education, 2001. Condition: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Seller Inventory # 0071236864-2-4

More information about this seller | Contact this seller

Buy Used
6.57
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

7.

Grinblatt, M.
Published by McGraw-Hill Higher Education (2002)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Softcover Quantity Available: 1
Seller:
Anybook Ltd.
(Lincoln, United Kingdom)

Book Description McGraw-Hill Higher Education, 2002. Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Seller Inventory # 8017788

More information about this seller | Contact this seller

Buy Used
1.98
Convert currency

Add to Basket

Shipping: 6.15
From United Kingdom to U.S.A.
Destination, rates & speeds

8.

Titman, Sheridan,Grinblatt, Mark
Published by David & Charles (2004)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Paperback Quantity Available: 1
Seller:
JULIES BOOKSHOP
(Consett, CO D, United Kingdom)

Book Description David & Charles, 2004. Paperback. Condition: LikeNew. Daily dispatch from the UK. Seller Inventory # mon0000877575

More information about this seller | Contact this seller

Buy Used
3.49
Convert currency

Add to Basket

Shipping: 5
From United Kingdom to U.S.A.
Destination, rates & speeds

9.

Mark Grinblatt; Sheridan Titman
Published by McGraw-Hill Education / Asia (2001)
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Softcover Quantity Available: 1
Seller:
MusicMagpie
(Stockport, United Kingdom)

Book Description McGraw-Hill Education / Asia, 2001. Condition: Very Good. Seller Inventory # U9780071236867

More information about this seller | Contact this seller

Buy Used
3.29
Convert currency

Add to Basket

Shipping: 5.49
From United Kingdom to U.S.A.
Destination, rates & speeds

10.

Mark Grinblatt; Sheridan Titman
ISBN 10: 0071236864 ISBN 13: 9780071236867
Used Quantity Available: 1
Seller:
BennettBooksLtd
(San Diego, CA, U.S.A.)

Book Description New. Seller Inventory # S-0071236864

More information about this seller | Contact this seller

Buy Used
45.11
Convert currency

Add to Basket

Shipping: 3.82
Within U.S.A.
Destination, rates & speeds