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This two-volume set of 23 articles authoritatively describes recent scholarship in corporate finance and asset pricing. Volume 1 concentrates on corporate finance, encompassing topics such as financial innovation and securitization, dynamic security design, and family firms. Volume 2 focuses on asset pricing with articles on market liquidity, credit derivatives, and asset pricing theory, among others. Both volumes present scholarship about the 2008 financial crisis in contexts that highlight both continuity and divergence in research. For those who seek insightful perspectives and important details, they demonstrate how corporate finance studies have interpreted recent events and incorporated their lessons.
Covers core and newly-developing fields
Explains how the 2008 financial crises affected theoretical and empirical research
Exposes readers to a wide range of subjects described and analyzed by the best scholars
List of contents
VOLUME 2A: Corporate Finance
Securitization
Dynamic Security Design and Corporate Financing
Do Taxes Affect Corporate Decisions? A Review
Executive Compensation: Where We are, and How We Got There
Behavioral Corporate Finance: An Updated Survey
Law and Finance After a Decade of Research
Endogeneity in Empirical Corporate Finance
A Survey of Venture Capital Research
Entrepreneurship and the Family Firm
Financing in Developing Countries
Financial Intermediation, Markets, and Alternative Financial Sectors
VOLUME 2B: Financial Markets and Asset Pricing
Advances in Consumption-Based Asset Pricing: Empirical Tests
Bond Pricing and the Macroeconomy
Investment Performance: A Review and Synthesis
Mutual Funds
Hedge Funds
Financial Risk Measurement for Financial Risk Management
Bubbles, Financial Crises, and Systemic Risk
Market Liquidity-Theory and Empirical Evidence
Credit Derivatives
Household Finance: An Emerging Field
The Behavior of Individual Investors
Risk Pricing over Alternative Investment Horizons
About the author
Milt Harris is a Fellow of the Econometric Society and of the American Finance Association. He is past president of the Western Finance Association and the Society for Financial Studies.
Report
"The first volume in the two-volume set focuses on corporate finance while the second volume addresses financial markets and assets pricing. the 11 essays in volume 2A survey the current literature on securitization, executive compensation, endogeneity, managerial behavior, venture capital, entrepreneurship, and how taxes affect financing policies. The 12 essays in 2B review advances in consumption-based asset pricing, bond pricing,."-- ProtoView.com, February 2014 "The authors of these excellent articles take readers to the current frontiers of finance and beyond them. The articles present finance as a field in which the best practitioners use sophisticated theories to make sense of the extensive datasets now available to observers of financial outcomes."-- Thomas J. Sargent, Nobel Laureate, New York University "A scholarly compendium of contemporary research in Financial Economics which will be of great value not only for researchers in finance but also for researchers throughout economics, including money and banking, growth and development, international economics, public finance, and macro economics."-- Edward C. Prescott, Nobel Laureate, Arizona State University "This Handbook provides a timely and comprehensive account of the state-of-the-art of Financial Economics, including corporate finance and asset pricing, written by many of the leading names in their respective fields."-- Harry M.Markowitz, Nobel Laureate, University of California, San Diego