To Our Contributors
Guidelines for Authors
Guidelines for Book Reviews
Guidelines for Cases
Submit Article
Keyword Search
Advanced Search
Article Abstracts|Case Abstracts
Public Systems
Agriculture and Rural Development
Strategic Management and Leadership
Global Management
Organizational Behaviour and HRD
Operations Management
Information Technology and Systems
Accounting and Control
Innovation and Entrepreneurship
To give your feedback please contact us on
1 - 1 of 1 Items
Title: Finance Teaching and Research After the Global Financial Crisis
Authors: Jayanth R Varma
Issue/Year: Oct-2011
Section: Perspectives
Abstract: The global financial crisis of 2007 and 2008 provides an opportunity for all finance professionals to introspect about the changes that need to be made in their discipline. Whether the problem was only a gap between theory and practice or whether there are fundamental problems in finance theory itself is a more difficult question. This paper is the result of the author's own introspection about these issues. The paper first discusses what the crisis taught us about the 3 P's of finance individuals' preferences, their assessment of probabilities, and the behaviour of market prices. This is followed by a discussion on the nature of changes that need to be made in the models that are used in modern finance and the need for finance to integrate insights from other source disciplines.
Full Text: Click here to download
Download Acrobat Reader