||About the Author||Ian Davidson is Head of Business, Management and Economics and Professor in the Science Policy Research Unit (SPRU) at the University of Sussex, UK | |Mark Tippett was formerly Professor of Accounting and Fina
The book provides a rigorous introduction to corporate finance and the valuation of equity. The first half of the book covers much of the received theory in these areas such as the relationship between the risk of an equity security and the return one can expect from it, the effects of leverage (that is, the borrowing policies of the firm) on the return one can expect from the firm’s shares and the role that dividends, operating cash flows and accounting earnin...
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