Commercial Law (for the Students of Economic and Commercial Sciences)

Contemporary finance knowledge entered a new phase after Dr. Markowitz's Ph.D. dissertation on optimal financial asset portfolio, and after him, individuals like Sharpe and Leitner completed theories related to asset pricing. In addition, in modern pricing theories, wider forms of theories have been proposed under the heading of "pricing patterns with random discount factor". On the other hand, the issues of information economics and asymmetry of information in the field of finance over the past three decades have made the field of study and analysis in finance broader, deeper and more realistic. Following these developments in the last two decades, several books have been written with the approach of economic-financial analysis. This book tries to express the key concepts of financial science, such as capital structure, contingent claim, risk size, asset pricing, financial derivatives, capital budgeting and financial market shortcomings in seven sections consisting of twenty-six chapters and supplementary appendices in simple language.