About the Authors
STEPHEN A. ROSS Sloan School of Management, Massachusetts Institute of Technology Stephen A.
Ross is the Franco Modigliani Professor of Financial 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, as well
as for having made substantial contributions to the discipline through his research in signaling, 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 and is a trustee of CalTech.
RANDOLPH W. WESTERFIELD Marshall School of Business, University of Southern California
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.
Professor Westerfield came to USC from the Wharton School, University of Pennsylvania, where he
was the chairman of the finance department and member of the finance faculty for 20 years. He was also
elected to membership in the Financial Economists Roundtable. He has been a member of several public
company boards of directors, including Health Management Associates, Inc., William Lyon Homes, and
the Nicholas Applegate Growth Fund. His areas of expertise include corporate financial policy, investment
management, and stock market price behavior.
JEFFREY F. JAFFE Wharton School of Business, University of Pennsylvania Jeffrey F. Jaffe has been
a frequent contributor to the finance and economics literatures in such journals as the Quarterly
Economic Journal, The Journal of Finance, The Journal of Financial and Quantitative Analysis, The
Journal of Financial Economics, and The Financial Analysts Journal. His best-known work concerns
insider trading, where he showed both that corporate insiders earn abnormal profits from their trades
and that regulation has little effect on these profits. He has also made contributions concerning initial
public offerings, regulation of utilities, the behavior of market makers, the fluctuation of gold prices, the
theoretical effect of inflation on interest rates, the empirical effect of inflation on capital asset prices, the
relationship between small-capitalization stocks and the January effect, and the capital structure
decision.
Corporate Finance 9th Ross, Westerfield,Jaffe Master资料及所有Case答案
- Corporate Finance 9 edition Solutions Manual.doc