Take a look below to see what’s new:

• New sections on corporate governance, private equity, and hedge funds in chapter 1
• Recent European stock exchange alliances in chapter 9
• Contemporary evidence of stock market inefficiency in chapter 14 
• NewFinancial Times articles in every chapter illustrate how theory is being used by practitioners on a daily basis.
• Statistics, figures, charts and tables are carefully updated to reflect the latest data, ranging from the number of corporate mergers to the default rates on corporate bonds.