Book review of The Theory of Corporate Finance

Georges Dionne ()

No 11-2, Working Papers from HEC Montreal, Canada Research Chair in Risk Management

Abstract: The book proposes an original contribution to the economics and finance literature by developing the foundations of corporate finance. It also covers in detail various corporate governance issues faced by organizations. The common treatment of corporate finance and corporate governance started with the contribution of Williamson (Journal of Finance, 1988), who argued that corporate finance and corporate governance must be treated simultaneously because they are complementary. This book fills this gap in the literature.

Keywords: Corporate finance; corporate governance; ownership and control; managerial incentive; outsider incentive; stakeholder society (search for similar items in EconPapers)
JEL-codes: D20 D21 D23 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2011-06-01
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