By Melvyn Fuss, Daniel McFadden

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Edwards Uchenna Elike Steve Engel Angelo V. Esposito Cheri Etling Thomas H. Eyssell Michael Ferguson Deborah Ann Ford Jim Forjan Micah Frankel Jennifer R. Frazier Deborah M. Giarusso Devra Golbe A. Steven Graham Darryl E. J. Gurley Wendy D. Habegger Karen Hallows David Harraway John M. Harris, Jr. R. Stevenson Hawkey Delvin D. Hawley Robert C. Higgins Karen Hogan Steve Isberg James Jackson Pankaj Jain James M. Johnson Randy Jorgensen Jarl G. Kallberg Terry Keasler David N. Ketcher Jim Keys Kee Kim Robert Kleinman David Kuipers Morris A.

We never would have completed this book without the incredible amount of help and support we received from literally hundreds of our colleagues, students, editors, family members, and friends. We would like to thank, without implicating, all of you. Clearly, our greatest debt is to our many colleagues (and their students) who, like us, wanted to try an alternative to what they were using and made the decision to change. Needless to say, without this support, we would not be publishing a 10th edition!

These are not the only questions by any means, but they are among the most important. Corporate finance, broadly speaking, is the study of ways to answer these three questions. Accordingly, we’ll be looking at each of them in the chapters ahead. com/rwj. com. A striking feature of large corporations is that the owners (the stockholders) are usually not directly involved in making business decisions, particularly on a day-to-day basis. Instead, the corporation employs managers to represent the owners’ interests and make decisions on their behalf.

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