ABSTRACT
The stock market crash of 1987 had a tumultuous effect on the world of finance. The reverberations of this collapse are still being felt and a number of issues and problems are still unresolved. New Directions in Finance discusses these issues and looks to future developments in international finance.
The book contains sections which look at capital structure; the cost of capital and agency issues; mergers and takeovers, and options, futures and forward trading. Including a contribution by Nobel Laureate Merton Miller, New Directions in Finance presents a state of the art guide to international finance.
TABLE OF CONTENTS
part I|10 pages
Introduction
part II|50 pages
Capital structure, cost of capital and agency issues
part III|64 pages
Signals, mergers and takeovers
part IV|76 pages
Initial public offerings, program trading and valuation
part V|81 pages
Options, futures and forward markets