The second European edition of Financial Markets and Corporate Strategy provides comprehensive coverage of financial markets and corporate finance, brought to life by real world examples, cases and insights. Placed in a truly international context, this new and updated edition takes an academic and practical view-point to guide students through the challenges of studying and practicing finance.
Aimed specifically at an international audience, this edition boasts hundreds of references to new and relevant non-US research papers from top finance journals. Whilst retaining the well respected structure of the successful US text, Professor David Hillier has also made a number of additions which include:
Fully updated research, data and examples in every chapter.Coverage of the global financial crisis, the impact it made on the financial markets and the lessons being learnt by the finance industry. A stronger emphasis on corporate governance and agency theory.Updates on accounting standards, bankruptcy laws, tax rules and tax systems.
David Hillier is a professor of finance at the University of Strathclyde, Glasgow. Strathclyde Business School is tripled accredited, (EQUIS, AMBA, and AACSB) an achievement held by less than 1% of the universities in the world. It is also one of the top performing research schools in the UK, as evidenced by the most recent Research Assessment Exercise in 2009. Mark Grinblatt is Professor of Finance at the University of California, Los Angeles Anderson School of Management. He has also acted as a consultant to numerous firms and an associate editor for the Journal of Financial and Quantitative Analysis and the Review of Financial Studies. Sheridan Titman is Professor of Finance at the University of Texas. He is also a research associate of the National Bureau of Economic Research and has worked in a consulting capacity.