New Directions in Finance

<p>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. <em>New Directions in Finance</em> discusses these issues and looks to future developments in international finance.<br><br> 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 <em>New Directions in Finance</em> presents a state of the art guide to international finance.</p>