Name: A History of Corporate Finance By Jonathan Barron Baskin (Baruch College, Connecticut)
SKU: 9780521655361
Price: 5.77 USD
Availability: InStock

A History of Corporate Finance Summary

A History of Corporate Finance by Jonathan Barron Baskin (Baruch College, Connecticut)

This study focuses on the role of institutions and organisations in the historical development of corporate finance. The book provides an overview of the evolution of practice in this field from the Italian merchant banks of the Renaissance through the formation of conglomerates and leveraged-buy-out partnerships in contemporary Wall Street. It also puts forth a compelling argument for the closer integration of historical and quantitative research methodologies in advancing finance theory. Additionally, the epilogue defines an original algorithm that explains the relationship between the short-term, firm-specific factors and longer-term environmental elements that have shaped the historical development of finance.

A History of Corporate Finance Reviews

'A History of Corporate Finance by Baskin and Miranti provides a panoramic account of the evolution of financial organizations and practices from ancient time through the present. It also compares these organizations and practices with the assumptions and conclusions of contemporary financial theories. It is must reading for both history buffs and for students, scholars, and practitioners of financial theory.' Harry Markowitz, 1990 Winner of the Nobel Prize in Economics
'Business corporations, once rare, have become the dominant organization of the modern economy. The corporation as we know it owes its existence to a long history of financial innovations - in institutions, markets, and instruments (securities). This is the first in-depth history to tell us how it all happened, from the merchants and bankers of medieval and Renaissance Italy to today's corporate managers and wizards of Wall Street. Students of business, economics, finance, law, and history will learn much from it.' Richard Sylla, New York University
'No serious student of corporate enterprise can afford to ignore [the book's] implications for how finance has shaped institutional development. If there were no more than one important lesson to be learned from this study (and there are many), it is this: financial structure matters.' George David Smith, Business History Review
'An in-depth, panoramic study of corporate finance's history from the late Middle Ages to recent leveraged buyouts in a little over 300 pages seems rather extraordinary. This book is extraordinary.' Gerald P. Dwyer, Jr, The Journal of Economic History
'... this is a well-informed work, describing a series of coherent financial systems which constitutes an adequate introduction to the subject, albeit a conceptually restricted one.' Contemporary European History

Preface; 1. History and the modern theory of finance; 2. Medieval and Renaissance origins; 3. Corporate finance in an age of global exploration: trading companies and oceanic discovery, 1450-1720; 4. The emergence of public markets for investment securities, 1688-1815; 5. Finance in an age of canals and railroads, 1775-1900; 6. Common stock finance and the rise of managerial capitalism, 1900-1940; 7. The financing of center firms, 1940-1973; 8. Conglomerates and leveraged buy-out partnerships; Appendix one: Finance and informational asymmetries in the ancient world; Appendix two: International patterns of corporate governance; Epilogue.

Additional information

Sku

CIN0521655366G

ISBN 13

9780521655361

ISBN 10

0521655366

Title

A History of Corporate Finance by Jonathan Barron Baskin (Baruch College, Connecticut)

Author

Jonathan Barron Baskin (Baruch College, Connecticut)

Condition

Used - Good

Binding type

Paperback

Publisher

Cambridge University Press

Year published

1999-12-28

Number of pages

364

Prizes

N/A

Cover note

Book picture is for illustrative purposes only, actual binding, cover or edition may vary.

Note

This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

A History of Corporate Finance Jonathan Barron Baskin (Baruch College, Connecticut)

A History of Corporate Finance by Jonathan Barron Baskin (Baruch College, Connecticut)

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A History of Corporate Finance Summary

A History of Corporate Finance by Jonathan Barron Baskin (Baruch College, Connecticut)

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