{"product_id":"stock-markets-and-corporate-finance","title":"Stock Markets and Corporate Finance","description":"\u003cul class=\"tabs\"\u003e\n\u003cli class=\"active\"\u003eDescription\u003c\/li\u003e\n\u003cli\u003eAbout the Author\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cul class=\"tabs-content\"\u003e\n\u003cli class=\"active\"\u003e\n\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cb\u003eSample Chapter(s)\u003c\/b\u003e\u003cbr\u003e\u003ca href=\"https:\/\/www.worldscientific.com\/doi\/suppl\/10.1142\/q0094\/suppl_file\/q0094_chap01.pdf\" target=\"_blank\"\u003eIntroduction (519 KB)\u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003eThis book examines the nature of the stock market and its implications for corporate management. It provides an introduction to core issues in finance and differs from traditional textbooks in its recognition that \"finance is not physics\" — in the sense that how markets behave today is not necessarily how they will behave tomorrow. Nevertheless, a certain level of \"physics\" can be recognized as underpinning the development of stock market valuations and corporate financial decision-making.\u003c\/p\u003e\n\u003cp\u003eIn short, the objective of the text is to instill insight in regards to the functioning of markets and corporate behavior, as opposed to algebraic derivations from unrealistic assumptions. Rather than subscribe unthinkingly to an \"efficient market hypothesis\", at each stage of the development of the text's conceptual framework, we also recognize the reality of market \"sentiment\" and the fundamental uncertainty that managers face in their decisions.\u003c\/p\u003e\n\u003cp\u003eBased around a teaching programme with worked questions and solutions,\u003cspan\u003e \u003c\/span\u003e\u003ci\u003eStock Markets and Corporate Finance\u003c\/i\u003e\u003cspan\u003e \u003c\/span\u003eis the perfect accompaniment for MBA, undergraduate and graduate students looking for a critical textbook on the nature of the financial sector and corporate finance.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cb\u003eMichael Dempsey\u003c\/b\u003e\u003cspan\u003e joined RMIT University as Professor and Head of the Finance Discipline in early 2013. Prior to this, he was an Associate Professor at Monash University, Australia, before which he was an Associate Professor with Griffith University, Australia, having previously been at Leeds University, UK. He also has many years' experience working for the petroleum exploration industry, in the Middle East, Egypt, Aberdeen and London. He is an active researcher in seeking to understand the interplay between risk and returns as the essential dynamic of market behaviour; the theoretical implications of taxation for stock valuation; and corporate decision-making as socially constructed. \u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"World Scientific","offers":[{"title":"Hardcover","offer_id":32123252867185,"sku":"9781786343253","price":182.0,"currency_code":"SGD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/0041\/products\/Stock_Markets_and_Corporate_Finance.jpg?v=1602762737","url":"https:\/\/epigrambookshop.xyz\/products\/stock-markets-and-corporate-finance","provider":"Epigram","version":"1.0","type":"link"}