Essentials of Corporate Finance (Ross)

Key differences between 9th and 8th editions

• Time lapse between current and previous editions: 3 years (2016 vs 2013).
• Ross, Westerfield, & Jordan's Essentials of Corporate Finance was originally published in 1995.
• The most significant modifications in the Ninth Ed.:
• Chapter 1:
• New opener on Men's Wearhouse.
• New example of proxy battle involving Darden Restaurants and Starboard Value.
• Discussion about Jos. A Bank and The Men's Wearhouse.
• Chapter 2: New opener on big energy supplier write-offs due to low oil prices.
• Chapter 6:
• New "fallen angel" example using Petrobras Corruption Scandal.
• New opener on negative interest rates and sovereign bonds.
• Chapter 9: New opener on project success and project failure.
• Chapter 12: New section on valuation of companies using the WACC (Weighted Average Cost of Capital).
• Chapter 15: Material on crowdfunding and Jumpstart Our Business Startups Act.
• Chapter 16: New Finance Matters box on operating and cash conversion cycle.