The Contributions of Stewart Myers to the Theory and Practice of Corporate Finance
Franklin Allen (),
Raghuram Rajan and
Antoinette Schoar ()
Journal of Applied Corporate Finance, 2008, vol. 20, issue 4, 8-19
In a 40-plus year career notable for path-breaking work on capital structure and innovations in capital budgeting and valuation, MIT finance professor Stewart Myers has had a remarkable influence on both the theory and practice of corporate finance. In this article, two of his former students, a colleague, and a co-author offer a brief survey of Professor Myers's accomplishments, along with an assessment of their relevance for the current financial environment. Copyright (c) 2008 Morgan Stanley.
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