What do you think?
Rate this book
Recent Developments in Finance
Recent Developments in Finance is a necessary reference for anyone responsible for managing financial portfolios, corporate funds, or deposits.
The reconfiguration of global financial markets, the new approaches to issuing securities, the continued introduction of new derivative securities, and the threats to banking liquidity have completely changed the world of finance.
Among the insights in this book, the cost of capital throughout the world will be lower resulting in a long period of world economic growth, the notion of "generally-accepted accounting principles" is obsolete, and the design of securities markets should not focus exclusively on bid-ask spreads.
The articles in this book evolved from a conference honoring Arnold W. Sametz upon his retirement as director of the Salomon Center at New York University's Stern School of Business.
The reconfiguration of global financial markets, the new approaches to issuing securities, the continued introduction of new derivative securities, and the threats to banking liquidity have completely changed the world of finance.
Among the insights in this book, the cost of capital throughout the world will be lower resulting in a long period of world economic growth, the notion of "generally-accepted accounting principles" is obsolete, and the design of securities markets should not focus exclusively on bid-ask spreads.
The articles in this book evolved from a conference honoring Arnold W. Sametz upon his retirement as director of the Salomon Center at New York University's Stern School of Business.
208 pages, Hardcover
First published March 1, 1992
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
No one has reviewed this book yet.