Management Links
MANAGEMENT: Finance
 

"Profitability is the Key to Value. If You've Got it, Flaunt It. If You Don't Have It, Get It (business strategy). If You Can't Get It, Get Out (capital strategy)."

--- Bill Fruhan, Professor of Finance, Harvard Business School, author of: Financial Strategy: Studies in the Creation, Transfer, and Destruction of Shareholder Value.

Cost of Capital (Expected Returns): Risk-free rate of return on US Treasury Bills + an equity risk premium ascribed to each corporate equity.

Adage: A bad financing will not kill a good investing decision but a good financing cannot rescue a bad investing decision. Needless to say a bad financing will hasten the demise of a bad investing decision - witness Robert Campeau's attempted takeover of Federated Department Stores (see Retailing-Department Stores) with financing provided by "Bid 'Em Up" Bruce Wasserstein (Wasserstein, Perella - both ex of First Boston).

1898 - International Silver Company authorized issuance of 20 million shares of non-voting stock (9 million preferred shares, 11 million non-voting common shares); 1902 - awarded one vote for every two common shares; 1925 - Dodge Brothers issued 1.25 million shares of Class A non-voting stock, Dillion Read maintained control of company (owned 250,001 shares of Class B voting stock); 1926 - 183 companies had issued Class A, Class B stock.

December 1931 - The Controllers Institute of America ("The Institute"), with membership open only to controllers, established in New York City; began with 30 members; original purpose of the members was to define their profession, exchange ideas about its practice, educate themselves and others and work with the government to improve the general economy; 1962 - renamed Financial Executives Institute (FEI), allows non-controllers to join; name change spurred by increasing role of financial executives; leading advocate for the views of corporate financial management (15,000 members hold policy-making positions as chief financial officers, treasurers, controllers).

1963 - Lewis B. Cullman did first LBO: $62.4 million purchase of Orkin Exterminating With a $1,000 investment.

March 2008 - Cash & Risk: Total cash held by companies in S&P 500 industrial index exceeded $600 billion in February 2008, up from about $203 billion in 1998; increased risks (currency risk, political risk, commodities shortages, new competition), increased savings (decline in capital spending on fixed assets, increased spending in R&D; cash ratio (cash, short-term investments) as % of total assets as high as in 1960s (Apple - 38% in 1988 to > 60% in 2007; Avon Products - <3% in 1988 to 17% in December 2007; doubled for technology companies since 2000); net debt ratio (debt minus cash as % of total assets) - < 0  by 2004 through 2006) = on average, cash on hand could retire outstanding debt.

(Source: Prof. Thomas W. Bates, U. of Arizona, Kathleen M. Kahle, U. of Arizona, Rene M. Stulz, Ohio State University, Thomson Proprietary Research; http://graphics8.nytimes.com/images/2008/03/04/business/20080304_cash_feeling_flush.jpg)

March 17, 2008 - IPOs

(http://graphics8.nytimes.com/images/2008/03/19/business/20080319_VISA_GRAPHIC.jpg)

Top 10 Initial Public Offerings in the U.S.:

March 18, 2008 - Visa Inc. - $17.9 billion
April 26, 2000 - AT&T Wireless Services - $10.6 billion
June 12, 2001 - Kraft Foods - $8.7 billion
November 9, 1999 - United Parcel Service - $5.5 billion
May 3, 2006 - KKR Private Equity Investors - $5.1 billion
July 1, 2002 - CIT Group - $4.9 billion
June 21, 2007 - Blackstone - $4.8 billion
October 21, 1998 - Conoco - $4.4 billion
March 21, 2002 - Travelers Property Casualty - $4.3 billion
March 27, 2001 - Agere Systems - $4.1 billion
(source: Dealogic)
 

(Bain and Company), Jim Bain (2001). The Remarkable Roller Coaster: Forty Years in the Australian Finance Industry. (New York, NY: HarperCollins, 225 p.). Bain, James, 1929- ; Capitalists and financiers--Australia--Biography; Finance--Australia.

(Catholic Church), John F. Pollard (2004). Money and the Rise of the Modern Papacy: Financing the Vatican, 1850-1950. (New York, NY: Cambridge University Press, 263 p.). Fellow at Trinity Hall (Cambridge University). Catholic Church--Finance--History--19th century; Catholic Church--Finance--History--20th century; Papacy--History--19th century; Capitalism--Religious aspects--Catholic Church--History--19th century; Papacy--History--20th century; Capitalism--Religious aspects--Catholic Church--History--20th century. 

(Drexel), Dan Rottenberg (2001). The Man Who Made Wall Street: Anthony J. Drexel and the Rise of Modern Finance. (Philadelphia, PA: University of Pennsylvania Press. Drexel, Anthony J. (Anthony Joseph), 1826-1893; Bankers--United States--Biography; Capitalists and financiers--United States--Biography; Bankers--Biography.

[Anthony J. Drexel], [no date] Anthony J. Drexel (http://www.library. drexel.edu/ images/Drexelportrait.jpg)

(Junk Bonds), Glen Yago (1991). Junk Bonds: How High Yield Securities Restructured Corporate America. (New York, NY: Oxford University Press, 249 p.). Junk bonds--United States; Junk bonds--United States--Case studies.

[Anthony J. Drexel], [no date] Public High-Yield Market Growth (1982-7/31/1989 - % of total corporate bond market shaded) (Investor's Digest Daily; hhttp://books.google.com/books?id=ASJufdq3zKcC&pg=PA199&img=1&zoom=3&hl=en&sig=ACfU3U3xakKMsjwdeGMksZFuxUDgoqkyeQ&w=575

 

(Junk Bonds), Harlan D. Platt (1994). The First Junk Bond: A Story of Corporate Boom and Bust. (Armonk, NY: M.E. Sharpe, 236 p.). Milken, Michael; Drexel Burnham Lambert Incorporated; Securities industry--United States--Corrupt practices; Junk bonds--United States.

(Morgan), Ron Chernow (1990). The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance. (New York, NY: Simon & Schuster, 812 p.). Contemporary Historian. Morgan, Finance, Banking. Winner of the National Book Award. A superb history of a person, profession and nation. Reads as a novel. Interweaves the worlds of finance and politics. Exposes all the sins of greed and ambition.

(Novo industri A/S), Arthur I. Stonehill, Kre B. Dullum (1982). Internationalizing the Cost of Capital: The Novo Experience and National Policy Implications. (New York, NY: Wiley, 157 p.). Novo industri A/S--Finance; International business enterprises--Denmark--Finance--Case studies.

(SEC), Joel Seligman (1995). The Transformation of Wall Street : A History of the Securities and Exchange Commission and Modern Corporate Finance. (Boston, MA: Northeastern University Press, 772 p. [rev. 1982 ed. with new afterword]). United States. Securities and Exchange Commission -- History; Corporations -- United States -- Finance -- History.

(Texas International), Harlan D. Platt (1994). The First Junk Bond: A Story of Corporate Boom and Bust. (Armonk, NY: M.E. Sharpe, 236 p.). Milken, Michael; Drexel Burnham Lambert Incorporated; Securities industry -- Corrupt practices -- United States; Junk bonds -- United States.

(Washington Public Power Supply System), Daniel Jack Chasan (1985). The Fall of the House of WPPSS: The $2.25 Billion Horror Story That Haunts the Nuclear Industry, the Bond Market, and the Northwest. (Seattle, WA: Sasquatch Pub., 111 p.). Washington Public Power Supply System--Finance; Electric utilities--Washington (State)--Finance; Nuclear power plants--Washington (State)--Design and construction--Finance; Default (Finance)--Washington (State); Bond market.

Rawi Abdelal (2007). Capital Rules: The Construction of Global Finance. (Cambridge, MA: Harvard University Press, 304 p.). Professor, Harvard Business School. International finance; Capital movements. Intellectual, legal, political history of financial globalization. How, why did world shift from: 1) 1914 - free capital movements, 2) 1944 - to capital controls, 1994 -  back again? How have standards been codified, transmitted internationally?

Russell B. Adams, Jr. (1977). The Boston Money Tree. (New York, NY: Crowell, 324 p.). Finance--Boston--History; Boston (Mass.)--Commerce--History.

Steffen E. Andersen (2011). The Evolution of Nordic Finance. (New York, NY Palgrave Macmillan, 289 p.). Finance -- Scandinavia -- History. Birth, growth of financial institutions and stock exchanges in Scandinavia, Finland from 1656 to 2010; quantitative regulations cannot, in long run, produce desired results, bear seeds of future financial crises.

James B. Ang (2008). Financial Development and Economic Growth in Malaysia. (New York : Routledge: New York : Routledge, 197 p.). Senior Lecturer, Department of Economics (Monash University). Finance -- Malaysia; Intermediation (Finance) -- Malaysia; Economic development -- Malaysia. Evolutionary role of financial system, interacting mechanisms between financial development, economic growth; role of financial intermediation in economic development, growth in Malaysian economy from 1960 onwards; how far financial development has progressed in course of economic development, whether instrumental in promoting economic growth.

Louis Bachelier, Translated and with commentary by Mark Davis and Alison Etheridge; With a foreword by Paul A. Samuelson (2006). Louis Bachelier’s Theory of Speculation: The Origins of Modern Finance. (Princeton, NJ: Princeton University Press, 192 p.). Professor of Mathematics (Imperial College London); Professor of Probability (University of Oxford). Finance -- mathematical; Stochastic analysis; probability. Intellectual history of stochastic analysis, financial economics, from Bachelier in 1900 to 1980s when the theory of option pricing was substantially complete. 

Jonathan B. Baskin and Paul.J. Miranti, Jr. (1997). A History of Corporate Finance. (New York, NY: Cambridge University Press, 355 p.). Academics. Finance - Middles Ages Renaissance to leveraged buyouts and corporate governance issues in the 1990's.

Amar Bhid (2010). A Call for Judgment : Sensible Finance for a Dynamic Economy. (New York, NY: Oxford University Press, 353 p.). Thomas Schmidheiny Professor, The Fletcher School of Law and Diplomacy (Tufts University). Finance --United States; Capitalism --United States; United States --Economic policy. Dialog, judgment required in lending best exercised closer to borrower; lending decisions had become overly mechanistic, centralized prior to financial crisis that began in 2007 - important causal factor in crisis: 1) overreliance on statistical models, developed by financial economists, that often made unrealistic assumptions, were misused by practitioners; 2) recent changes in securities and banking regulations.

Harold Bierman, Jr. (2001). Increasing Shareholder Value: Distribution Policy, a Corporate Finance Challenge. (Boston, MA: Kluwer Academic Publishers, p.). Corporate profits; Income distribution; Investments--Valuation; Corporations--Finance; Stockholders.

Albert S. Bolles (1969). The Financial History of the United States. (New York, NY: A. M. Kelley, 3 vols. [Vol. 1 orig. pub. 1879]). First Business Professor at Wharton. Finance, Public--United States--History. Contents: v. 1. From 1774 to 1789, embracing the period of the American Revolution. (Reprint of the 1896 ed.)--v. 2. From 1789 to 1860. (Reprint of the 1894 ed.)--v. 3. From 1861 to 1885. (Reprint of the 1894 ed.).

Richard A. Brealey and Helen Edwards (1991). A Bibliography of Finance. (Cambridge, MA: MIT Press, 822 p.). Academic. Finance. An extensive bibliography of journal articles and books about finance.

Richard A. Brealey and Stewart C. Myers (2003). Principles of Corporate Finance. (Boston, MA: Irwin McGraw-Hill, 1071 [7th ed.]). Corporations--Finance.

Reuven Brenner (2001). The Force of Finance: Triumph of the Capital Markets. (New York, NY: Texere, 220 p.). Finance; Democracy.

John Brooks (1980). The Games Players: Tales of Men and Money. (New York, NY: Times Books, 376 p.). Financiers, Capitalists

Ed. Youssef Cassis (1992). Finance and Financiers in European History, 1880-1960. (New York, NY: Cambridge University Press, 445 p.). Banks and banking--Europe--History--19th century--Congresses; Banks and banking--Europe--History--20th century--Congresses; Capitalists and financiers--Europe--History--19th century--Congresses; Capitalists and financiers--Europe--History--20th century--Congresses; Finance--Europe--History--19th century--Congresses; Finance--Europe--History--20th century--Congresses.

Ron Chernow (1997). The Death of the Banker: The Decline and Fall of the Great Financial Dynasties and the Triumph of the Small Investor. (New York, NY: Vintage Books, 130 p.). Morgan, J. Pierpont (John Pierpont), 1837-1913; Warburg family; Banks and banking--United States--History--20th century; Trust companies--United States--History--20th century; Finance, Personal--United States; Bankers--United States.

P. L. Cottrell (1979). Industrial Finance, 1830-1914: The Finance and Organization of English Manufacturing Industry. (New York, NY: Methuen, 298 p.). Manufacturing industries--Great Britain--Finance--History.

Emanuel Derman (2004). My Life as a Quant: Reflections on Physics and Finance. (Hoboken, NJ: Wiley, 304 p.). SunGard/IAFE Financial Engineer (2000); Risk Hall of Fame (2002); Director of the Program in Financial Engineering (Columbia University). Derman, Emanuel; Investment advisors--Biography; Physicists--Biography; Options (Finance); Quantum theory; Mathematical physics. 

Davis Rich Dewey (2003). Early Financial History of the United States. (Washington, DC: Beard Books, 600 p. Finance, Public--United States--History; Finance, Public--United States--Bibliography; Tariff--United States--History.

S. Eckl, Jeffrey N. Robinson, and Dylan C. Thomas (1991). Financial Engineering: A Handbook of Derivative Products. (Cambridge, MA: Blackwell, 243 p.). Corporations--Finance; Foreign exchange futures; Futures; Swaps (Finance); Options (Finance); Financial engineering.

George William Edwards (1938). The Evolution of Finance Capitalism. (New York, NY: Longmans, Green and Co., 429 p.). Capitalism; Finance--History; Finance--United States--History.

George Heberton Evans, Jr. (1936). British Corporation Finance, 1775-1850: A Study of Preference Shares. (Baltimore, MD: Johns Hopkins Press, 208 p.). Corporations--Great Britain--Finance--History; Corporations--Great Britain--History; Preferred stocks--Great Britain--History.

Niall Ferguson (2008). The Ascent of Money: A Financial History of the World. (New York, NY: Penguin Press, 432 p.). Laurence A. Tisch Professor of History (Harvard University), William Ziegler Professor of Business Administration (Harvard Business School), Senior Research Fellow of Jesus College (Oxford), Senior Fellow of the Hoover Institution (Stanford). Finance--History; Money--History; Economics--History. Finance is foundation of human progress, essential backstory behind all history; origins of key financial institutions, concepts; sooner or later every bubble bursts; sooner or later bearish sellers outnumber bullish buyers;  sooner or later greed flips into fear.

Irene Finel-Honigman (2009). A Cultural History of Finance. (New York, NY : Routledge, 338 p.). Adjunct Professor of International Affairs at School of International and Public Affairs (Columbia University). Finance --History; Capitalism --History. Cultural history of financial markets, institutions; fascination, repulsion toward money, role of governments and individuals in financial crises; how Crisis of 2008, like others since 1720, repeat same patterns of enthusiasm, greed, culpability, revulsion, reform, recovery; political and socio-economic factors which determine fallibility, resilience in financial cultures, periods of crisis, transition and recovery, based on cyclical rather than linear progression; roots of financial capitalism, in Europe and United States, its corollary development in Asia, Russia, emerging markets proves that cultural, psychosocial reactions to financial success, endeavor, calamity transcend specific periods or events.

Jane Flaherty (2008). The Revenue Imperative: Union Financial Policy during the American Civil War. (London, UK: Pickering and Chatto, 256 p.). Assistant Director of Graduate Studies in the Department of History (Texas A&M University). Civil War--history; Civil War--finance. Union financial policies (tariff, internal tax policies) initiated during Civil War; new revenue system changed relationship between government, economy in post-Civil War era; need to keep pace with burgeoning expenses of conflict governed development of fiscal policy; contingency played pivotal role in Republican response to financing war.

Janet Gleeson (1999). Millionaire: The Philanderer, Gambler, and Duelist Who Invented Modern Finance. (New York, NY: Simon & Schuster, 303 p.). Law, John, 1671-1729; Capitalists and financiers--Biography. 18th century playboy who introduced concept of collateral and founded speculative company which collapsed.

Marieke de Goede (2005). Virtue, Fortune and Faith: A Genealogy of Finance. (Minneapolis, MN: University of Minnesota Press, 235 p.). Lecturer in Political History and International Relations (University of Amsterdam). Finance--History; Economics--History; Money--History; Value--History; Speculation--History.

Eds. William N. Goetzmann and K. Geert Rouwenhorst (2005). The Origins of Value: The Financial Innovations That Created Modern Capital Markets. (New York, NY: Oxford University Press, 404 p.). Finance--History; Money--History; Value--History; Capital market--History; Speculation--History.

C.A.E. Goodhart (1969). New York Money Market and the Finance of Trade, 1900-1913. (Cambridge, MA: Harvard University Press, 235 p.). Finance--New York (State)--New York--History; United States--Commerce--History.

Keith Hollender (1994). Scripophily: The Art of Finance. (New York, NY: Museum of American Financial History, 157 p.). Stock certificates--Collectors and collecting; Bonds--Collectors and collecting.

Jeremy Hope (2006). Reinventing the CFO: How Financial Managers Can Transform Their Roles and Add Greater Value. (Boston, MA: Harvard Business School Press, 258 p.). Research Director of the Beyond Budgeting Roundtable. Chief financial officers; Corporations--Finance. Seven critical roles CFOs must take to transform finance operation. 

James B. Jefferys (1977). Business Organisation in Great Britain, 1856-1914. (New York, NY: Arno Press, 476 p.). Corporations--Great Britain--Finance--History.

James J. Kimble (2006). Mobilizing the Home Front: War Bonds and Domestic Propaganda. (College Station, TX: Texas A&M University Press, 200 p.). Assistant Professor of Communication (Seton Hall University). Savings bonds --United States --History; World War, 1939-1945 --Finance --United States; Patriotism --United States --History; Nationalism --United States --History. New understanding of government's eight war bond drives, psyche of nation at war. 

Charles P. Kindleberger (1993). A Financial History of Western Europe. ( New York, NY: Oxford University Press, 524 p. [2nd ed.]). Finance--Europe--History.

Greta R. Krippner (2011). Capitalizing on Crisis: The Political Origins of the Rise of Finance. (Cambridge, MA: Harvard University Press, 222 p.). Assistant Professor of Sociology (University of Michigan). Finance -- United States; Financial services industry -- United States; United States -- Economic conditions -- 2001-2009; Monetary policy -- United States. Historical evolution that made rise of finance possible (broader transformation of U.S. economy than financial speculation); state policies created conditions conducive to financialization (inadvertent result of state’s attempts to solve other problems); late 1960s and 1970s - allowed state to avoid series of economic, social, political dilemmas that confronted policymakers as postwar prosperity stalled; deregulation of financial markets during 1970s, 1980s; 1979 - changes in monetary policy following shift to high interest rates; early 1980s - encouragement of foreign capital into U.S. economy in context of large fiscal imbalances.

Eds. Naomi R. Lamoreaux and Kenneth L. Sokoloff; foreword by William Janeway (2007). Financing Innovation in the United States, 1870 to the Present. (Cambridge, MA: MIT Press, 428 p.). Professor in the Departments of Economics and History (UCLA); Professor of Economics (UCLA). High technology industries--United States--Finance--History; Technological innovations--United States--Finance--History. How inventors, technologically creative entrepreneurs have raised funds for their projects at different stages of U.S. economic development.

Thomas W. Lawson (1968). Frenzied Finance; the Crime of Amalgamated. (New York, NY: Greenwood Press, 559 p. [Reprint of 1905 ed.]). Standard Oil Company; Amalgamated Copper Co.; Speculation; Insurance--United States; Gas companies--Boston.

Ed. Bruce N. Lehmann (2005). The Legacy of Fischer Black. (New York, NY: Oxford University Press, 306 p.). Professor of Finance (Graduate School of International Relations and Pacific Studies, University of California, San Diego). Finance--Congresses. 

Compiled and Edited by Richard R. Lindsey, Barry Schachter (2007). How I Became a Quant: Insights from 25 of Wall Street’s Elite. (Hoboken, NJ: Wiley, 386 p.). Former President of Bear, Stearns Securities Corporation, Chairman of the International Association of Financial Engineers; Director of Quantitative Resources at Moore Capital Management. Quantitative analysts--United States--Biography; Finance--Mathematical models; Finance--Computer programs; Financial engineering; Wall Street (New York, N.Y.)--Biography. More than two dozen quants tell war stories, detail unexpected paths from halls of academia to Wall Street, reveal faces behind quant revolution (exotic derivatives, structured investment products, quantitative trading strategies, portfolio selection).

Louis Lowenstein (1991). Sense and Nonsense in Corporate Finance. (Reading, MA: Addison-Wesley, 263 p.). Corporations--Finance.

Roger Lowenstein (2008). While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis. (New York, NY: Penguin Press, 288 p.). Former Wall Street Journal Columnist. Pensions--United States--Finance; Defined benefit pension plans--United States; Retirement income--United States. How corporations, governments ran up ruinous pension, health-care promises to workers; destroyed American auto industry (GM, in particular); rise of public pensions, public sector unions with  justifiable benefits followed by outrageous ones; San Diego cut a series of deals with unions to short-change retirement system, use pension funds to run city; massive scandal ensued.

Gregory P. Marchildon (1996). Profits and Politics: Beaverbrook and the Gilded Age of Canadian Finance. (Toronto, ON: University of Toronto Press, 348 p.). Beaverbrook, Max Aitken, Baron, 1879-1964; Royal Securities Corporation--History; Consolidation and merger of corporations--Canada--History; Business and politics--Canada--History; Canada--Economic conditions--1867-1918.

Jerry W. Markham (2002). A Financial History of the United States. (Armonk, NY: M. E. Sharpe, 3 vols.). Finance--United States--History. Contents: v. 1. From Christopher Columbus to the Robber Barons (1492-1900); v. 2. From J.P. Morgan to the institutional investor (1900-1970); v. 3. From the age of derivatives into the new millennium (1970-2001).

Robert N. McCauley, Judith S. Ruud, and Frank Iacono (1999). Dodging Bullets: Changing U.S. Corporate Capital Structure in the 1980s and 1990s. (Cambridge, MA: MIT Press, 415 p.). Leveraged buyouts--United States--History--20th century; Consolidation and merger of corporations--United States--History--20th century; Corporations--United States--Finance--History--20th century.

William L. Megginson (2005). The Financial Economics of Privatization. (New York, NY: Oxford University Press, 522 p.). Professor and Rainbolt Chair in Finance at the Michael F. Price College of Business (University of Oklahoma). Privatization; Government business enterprises; Finance, Public. Where privatization stands today, what are next frontiers

Perry Mehrling (2005). Fischer Black and the Revolutionary Idea of Finance. (New York, NY: Wiley, 400 p.). Professor of Economics (Barnard College). Black, Fischer, 1938- ; Finance--United States--History--20th century; Economists--United States--Biography; Finance--Mathematical models; Investments--Mathematical models. 

Meade Minnigerode (2003). The Financial Giants in United States History. (Washington, DC: Beard Books, 260 p.). Finance--United States--History.

Lawrence E. Mitchell (2007). The Speculation Economy: How Finance Triumphed Over Industry. (San Francisco, CA: Berrett-Koehler Publishers, 355 p.). Industries--United States; Corporations--United States; Finance--United States; Speculation--United States; United States--Economic policy. Rise of Wall Street and investment banking as key factor in American capitalism, federal government's response to ever more complex role of finance capitalism; how birth of giant modern corporation spurred rise of stock market, how, by dawn of 1920s, stock market left behind its business origins to become very reason for creation of business itself.

Margaret G. Myers (1970). A Financial History of the United States. (New York, NY: Columbia University Press, 451 p.). Finance, Public--United States--History; Finance--United States--History.

Alasdair Nairn (2002). Engines that Move Markets: Technology Investing from Railroads to the Internet and Beyond. (New York, NY: Wiley-Academy, 494 p.). Industries -- Finance.

Larry Neal (1990). The Rise of Financial Capitalism: International Capital Markets in the Age of Reason. (New York, NY: Cambridge University Press, 278 p.). Capital market--Great Britain--History; Capital market--Netherlands--History; International finance--History.

Alexander Dana Noyes (1969). Thirty Years of American Finance; a Short Financial History of the Government and People of the United States since the Civil War, 1865-1896. (New York, NY: Greenwood Press, 277 p. (orig. pub. 1898)). Finance--United States--History.

Jocelyn Pixley (2004). Emotions in Finance: Distrust and Uncertainty in Global Markets. (New York, NY: Cambridge University Press, 228 p.). Senior Lecturer in the School of Sociology (University of New South Wales). Finance--Psychological aspects; Trust--Economic aspects; Uncertainty; Economic forecasting--Psychological aspects; Risk assessment--Psychological aspects; Risk management.

Geoffrey Poitras (2000). The Early History of Financial Economics, 1478-1776: From Commercial Arithmetic to Life Annuities and Joint Stocks. (Northampton, MA: Edward Elgar, 522 p.). Finance--History; Economics--History; Business mathematics--History; Life annuities--History; Stocks--History.

Cedric Read... [et al.] (2001). eCFO: Sustaining Value in the New Corporation. (New York, NY: Wiley, 372 p.). Electronic commerce--Finance--Management; Corporations--Finance--Management; Chief financial officers.

Margaret Reid (1988). All-Change in the City: The Revolution in Britain's Financial Sector. (Houndmills, Basingstoke, Hampshire, UK: Macmillan, 288 p.). Bank of England; International Stock Exchange; Finance--Great Britain; Finance--England--London; International finance.

James Riedel, Jing Jin, and Jian Gao (2007). How China Grows: Investment, Finance, and Reform. (Princeton, NJ: Princeton University Press, 222 p.). Professor of International Economics (Johns Hopkins University's School of Advanced International Studies); Director of China Strategy (UBS AG Hong Kong) and a Professor (Beijing's Central University of Finance and Economics); Vice-Governor (China Development Bank in Beijing). Finance--China; China--Economic policy. Relation between investment, finance, growth in China. investment - engine of growth, main source of technological progress, structural change; weaknesses of financial system that undermine efficiency in investment allocation threaten growth; financial-sector reform, development are necessary to sustain long-term growth, maintain macroeconomic stability.

Mark J. Roe (1994). Strong Managers, Weak Owners: The Political Roots of American Corporate Finance. (Princeton, NJ: Princeton University Press, 324 p.). Corporations--United States--Finance.

Catherine R. Schenk (2003). Hong Kong as an International Financial Centre: Emergence and Development, 1945-65. (New York, NY: Routledge, 203 p.). Finance China Hong Kong; International finance China Hong Kong; Hong Kong (China) Economic conditions.

Robert Sobel (1993). Dangerous Dreamers : The Financial Innovators from Charles Merrill to Michael Milken. (New York, NY: Wiley, 260 p.). Academic (Hofstra University). Milken, Michael; Stockbrokers--United States; Securities industry--Corrupt practices--United States

Robert Solomon (1999). Money on the Move: The Revolution in International Finance since 1980. (Princeton, NJ: Princeton University Press, 210 p.). International finance.

ed. Joel M. Stern and Donald H. Chew, Jr. (2003). The Revolution in Corporate Finance. (Malden, MA: Blackwell Business, 631 p. [4th ed.; orig. pub. 1986]). Corporations-Finance.

Michael R. Sutcliff, Michael Donnellan (2004). CFO Insights: Delivering High Performance. (Hoboken, NJ: Wiey, 416 p.). Managing Partner of the Accenture Finance & Performance Management Service Line; Executive Partner in the Accenture Products Operating Group. Corporations--Finance; Chief financial officers. Link between high performance business, role of CFO; five common characteristics.

John B. Taylor (2007). Global Financial Warriors: The Untold Story of International Finance in the Post-9/11 World. (New York, NY: Norton, 320 p.). Former Treasury Under Secretary for International Affairs from 2001 to 2005; Mary and Robert Raymond Professor of Economics (Stanford University). International finance--History--21st century; International finance--Political aspects; International finance--Government policy. Author  assembles a coalition to freeze terrorist assets worldwide, plans the financial reconstruction of Afghanistan, oversees the development of a new currency in Iraq, and deals with the spread of financial crises.  

William Arthur Thomas (1982). The Finance of British Industry, 1918-1976. (New York, NY: Methuen, 351 p.). Corporations--Great Britain--Finance--History; Finance--Great Britain--History.

Tetsuro Toya (2006). The Political Economy of the Japanese Financial Big Bang: Institutional Change in Finance and Public Policymaking. (New York, NY: Oxford University Press, 328 p.). Finance --Japan; Financial institutions --Deregulation --Japan; Japan --Economic policy --1989-. Performance failures, scandals, fluidity in party politics led Ministry of Finance to promote reforms that otherwise would have been opposed.

Irwin Unger (1964). The Greenback Era; A Social and Political History of American Finance, 1865-1879. (Princeton, NJ: Princeton University Press, 467 p.). Greenbacks--History; Currency question--United States--History; United States--Politics and government--1865-1877. Winner of Pulitzer Prize in History.

Janet Wasko (1982). Movies and Money: Financing the American Film Industry. (Norwood, NJ: ABLEX Pub. Corp., 247 p.). Motion picture industry--United States--Finance.

Robert E. Wright (2002). The Wealth of Nations Rediscovered: Integration and Expansion in American Financial Markets, 1780-1850. (New York, NY: Cambridge University Press, 240 p.). Finance--United States--History; Wealth--United States--History; United States--Economic policy; United States--Economic conditions.

Ed. Robert E. Wright and Richard Sylla (2002). The History of Corporate Finance: The Development of Anglo-American Securities Markets, Laws, and Financial Practices and Theories. (Brookfield, VT: Pickering & Chatto, 6 vols.). Corporations--Finance--United States--History; Corporations--Finance--Great Britain--History; Corporations--Finance--Law and legislation--United States--History; Corporations--Finance--Law and legislation--Great Britain--History.

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LINKS

Association for Financial Professionals                                                                                            http://www.afponline.org/                                                                                           

AFP supports more than 14,000 individual members from a wide range of industries throughout all stages of their careers in various aspects of treasury and financial management.

Finance: History and Policy                                                                                               http://financehistoryandpolicy.blogspot.com/                                                                  

This blog will show that financial history is both intrinsically interesting and of crucial importance to many aspects of public policy, ranging from Social Security to construction to macroeconomic stability.

Financial Executives International                                                                                                            http://www.fei.org                                                                                                

Preeminent professional association for senior financial executives representing 15,000 individuals. Membership driven, FEI provides peer networking opportunities, emerging issues alerts, personal and professional development and advocacy services to Chief Financial Officers, Controllers, Treasurers, Tax Executives, Finance and Accounting Professors in academia. We do this principally through our strong Internet community, our 85 chapters and our 9 technical committees. Membership is limited to individuals holding senior management positions similar to those listed above, but we allow many other finance professionals to join if they meet certain criteria. We also have a special rate and status for academics. Other typical titles held by FEI members include Assistant Controller, Subsidiary CFO or Controller, Assistant Treasurer, and Director of Tax.

Initial Public Offerings (IPO)                                                                                                          http://www.sec.gov/answers/ipo.htm                                                                                

Provides fact sheets "about IPOs, particularly why investors have difficulty getting shares in an IPO, the pricing differences between the IPO and secondary market trading, and a brokerage firm's IPO eligibility requirements." From the U.S. Securities and Exchange Commission (SEC). Subjects: Going public (Securities); Securities industry; Investments.





 

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