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Hillier Fundamentals 2e OLC
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Student Edition
Instructor Edition
Fundamentals of Corporate Finance, 2/e

David Hillier, University of Strathclyde
Iain Clacher, University of Leeds
Stephen A. Ross, Massachusetts Institute of Technology
Randolph W. Westerfield, University of Southern California
Jordan D. Bradford

ISBN: 0077149777
Copyright year: 2014

About the Authors



David Hillier is Vice-Dean and Professor of Finance at the University of Strathclyde. Professor Hillier has published a wide range of peer-reviewed academic articles on corporate governance, corporate finance, insider trading, asset pricing, precious metals, auditing, and market microstructure. His research has attracted an ANBAR citation and a best paper prize from one of the top finance and management journals in South East Asia. He is on the editorial board and reviews for many of the world’s top finance journals. Professor Hillier is an established teacher of executive programmes and has conducted courses for a variety of professional clients, including The World Bank and the UK National Health Service. He is a co-author of Corporate Finance, Second European Edition (McGraw-Hill, 2013) and Financial Markets and Corporate Strategy, Second European Edition (McGraw-Hill, 2011).

Iain Clacher is an Associate Professor in Accounting and Finance at Leeds University Business School.

Stephen A. Ross is the Franco Modigliani Professor Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. One of the most widely published authors in finance and economics, Professor Ross is recognized for his work in developing the Arbitrage Pricing Theory and his substantial contributions to the discipline through his research in signaling, agency theory, option pricing, and the theory of the term structure of interest rates, among other topics. A past president of the American Finance Association, he currently serves as an associate editor of several academic and practitioner journals. He is a trustee of CalTech.

Randolph W. Westerfield is dean emeritus of the University of Southern California's Marshall School of Business and is the Charles B. Thornton Professor of Finance. He came to USC from the Wharton School, University of Pennsylvania, where he was the chairman of the finance department and a member of the finance faculty for 20 years. He is a member of several public company boards of directors including Health Management Associates, Inc. His areas of expertise include corporate financial policy, investment management, and stock market price behavior.

Bradford D. Jordan is professor of finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance at the University of Kentucky. He has a long-standing interest in both applied and theoretical issues in corporate finance and has extensive experience teaching all levels of corporate finance and financial management policy. Professor Jordan has published numerous articles on issues such as cost of capital, capital structure, and the behavior of security prices. He is a past president of the Southern Finance Association.


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