Financial Theory and Corporate Policy

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A recognized classic, Financial Theory and Corporate Policy is thoroughly updated in this third edition. The authors provide a concise, unified treatment of finance, combining theory, empirical evidence, and applications. Recent major contributions in financial literature are discussed and all current literature is summarized. The book provides MBA and doctoral students with an excellent bridge to prevailing scholarship in finance.

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Consumption and investment with capital markets 9 Marketplaces
and transactions costs 12 Transactions costs and the breakdown of separation

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About the author (1983)

J. Fred Weston, Ph.D., is Professor Emeritus Recalled of Managerial Economics and Finance at the John E. Anderson Graduate School of Management at UCLA. Since 1968, he has been Director of the UCLA Research Program on Takeovers and Restructuring.

Samuel C. Weaver, Ph.D., is associate professor of finance at Lehigh University, where he formerly served as the Theodore A. Lauer Adjunct Professor of Finance. He is a veteran of over 100 acquisition valuations and numerous other restructuring activities.

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