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 caused by the crash 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.

In most countries the economic structure and financial landscape are dominated by corporations. A critical examination of the various facets of the corporate economy is thus vitally important. In "Mangerial Finance in the Corporate Economy" the authors employ a dynamic theoretical apparatus and empirical evaluations to present such a study.
The book, divided into five sections, brings together new research on major issues such as mutual and pension funds and portfolio diversification; market volatility, credit availability; tax structure and dividend reinvestment plans; financial institutions; and corporate behavior in the context of the international economy. "Managerial Finance in the Corporate Economy" presents a comprehensive analysis of corporate culture within the international economy.