The Theory of Corporate Finance

Magnificent. —The EconomistFrom the Nobel Prize–winning economist, a groundbreaking and comprehensive account of corporate financeRecent decades have seen great theoretical and empirical advances in the field of corporate finance. Whereas once the subject addressed mainly the financing of corporations—equity, debt, and valuation—today it also embraces crucial issues of governance, liquidity, risk management, relationships between banks and corporations, and the macroeconomic impact of corporations. However, this progress has left in its wake a jumbled array of concepts and models that students are often hard put to make sense of.Here, one of the world's leading economists offers a lucid, unified, and comprehensive introduction to modern corporate finance theory. Jean Tirole builds his landmark book around a single model, using an incentive or contract theory approach. Filling a major gap in the field, The Theory of Corporate Finance is an indispensable resource for graduate and...

The cheapest new copy of The Theory of Corporate Finance is €121.13 at Mondadori Store. Prices checked 12 Nov 2026

More by Jean Tirole