Fundamentals of Corporate Finance (FCF) is written with one strongly held principle - that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book:
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Stephen A. Ross is 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 is recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signalling, 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 currently serves as an associate editor of several academic and practitioner journals. he is a trustee of CalTech and a director of the College Retirement Equity Fund (CREF) and Freddie Mac. he is also the co-chairman of Roll and Ross Asset Management Corporation.
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.
Gordon Roberts is Canadian Imperial Bank of Commerce Professor of Financial Services at the Schulich School of Business, York University. A winner of numerous teaching awards, his extensive experience includes finance classes for undergraduate and MBA students, as well as executives. Professor Roberts conducts research in corporate finance and banking. He serves on the editorial boards of several Canadian and international academic journals. Professor Roberts has been a consultant to a number of organizations, including the Office of the Superintendent of Financial Institutions, the Canada Deposit Insurance Corporation, and Canada Investment and Savings, as well as the Debt Management Office of New Zealand. He has appeared as an expert witness on utility rates of return and capital structures in regulatory hearings in Nova Scotia, Quebec, Ontario, and Alberta.
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