Showing posts with label Corporate finance. Show all posts
Showing posts with label Corporate finance. Show all posts

3/16/2010

Review of Issuer Perspectives on Securitization (Hardcover)

In the Executive MBA Program of the Wharton School, where I teach, we have instituted a new finance course on structured financial products and asset-backed securitizations, from the corporate treasurer's perspective. This book featuring issuer perspectives on securitization fits our courseperfectly, and is popular among the executive MBA students.The authorsare very knowledgable and are able to communicate well.I highly recommendthis book to anyone who wants to delve into this relatively new area offinance.



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1/14/2010

Review of Handbook of the Economics of Finance: Corporate Finance Volume 1A (Hardcover)

It is a pretty good up-to-date summary of financial economics, with a focus on corporate finance.

But, ..., a big BUT, it is an overpriced book. Why? only 500 some pages. You may argue the intelectual content is worth a lot. My answer: Yes.

You then ask: then why shouldn't we compensate the authors?
My answer: hehehe, they are not the original authors. They are EDITORS, who collect the excerpts from other papers. They did us a favor by systematically (and perhaps subjectively) collating a volume so we dont have to go to the library to collect pieces.

Therefore, I think it is a good, useful book, but overpriced...



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