Book review. Financial Markets and Corporate Finance: Selected Papers of Michael J Brennan

Abstract

Financial Markets and Corporate Finance presents a selection of articles by Michael Brennan, Professor of Money and Banking at UCLA and Professor of Finance at London Business School. The volume forms part of a book series, Financial Economists of the Twentieth Century , each of which presents an anthology of the research of a contemporary scholar who has made an important and distinctive contribution to financial economics. Michael Brennan ranks high among distinguished financial economists, with the rare honors of having been President of the American Finance Association, the Society for Financial Studies, and the Western Finance Association; and of having been editor of both the Journal of Finance and this review. Brennan’s papers are presented as facsimile reproductions, inclusive of the footnotes and pagination of the original publications. The author and editor of this volume selected and sequenced the articles himself, and also contributes an introduction. Financial Markets and Corporate Finance is therefore a record of what Michael Brennan feels is his distinctive contribution to financial economics and financial management. His selection is a mix of his classics–many familiar to us–and some newer, personal favourites.