Richard A. Brealey

Professor of Finance at the London Business School. He is the former president of the European Finance Association and a former director of the American Finance Association. He is a Fellow of the British Academy and has served as a special advisor to the Governor of the Bank of England and director of a number of financial institutions. Professor Brealey is also the author (with Professor Myers) of this book’s sister text, Principles of Corporate Finance.

Stewart C. Myers

Gordon Y. Billard Professor of Finance at MIT’s Sloan School of Management. Dr. Myers is past President of the American Finance Association and a Research Associate of the National Bureau of Economic Research. His research has focused on financing decisions, valuation methods, the cost of capital, and financial aspects of government regulation of business. Dr. Myers is a Director of The Brattle Group, Inc., and is active as a financial consultant. He is also author (with Professor Brealey of this book’s sister text, Principles of Corporate Finance.

Alan J. Marcus

Professor of Finance in the Wallace E. Carroll School of Management at Boston College. His main research interests are in derivatives and securities markets. He is co-author (with Alex Kane and Zvi Bodie) of the texts Investments and Essentials of Investments. Professor Marcus has recently been a Visiting Professor at MIT’s Sloan School of Management and has served as a Research Fellow at the National Bureau of Economic Research. Professor Marcus spent two years at Freddie Mac, where he helped to develop mortgage pricing and credit risk models. He currently serves on the Research Foundation Advisory Board of the Association for Investment Management and Research (AIMR).

Elizabeth M. Maynes

Associate Professor of Finance at the Schulich School of Business, York University, Toronto. Her current research interests are in experimental economics and finance, where theories are tested with human subjects. Through this research, she has examined peoples’ decisions whether to evade tax, whether to tender shares in a takeover bid, and how much to contribute towards a public good. In addition, Professor Maynes conducts research on the role and value of voting rights of shareholders, initial public offerings, and takeovers. Her research has been funded by the Social Sciences and Humanities Research Council of Canada and the Financial Research Foundation. Professor Maynes has extensive experience teaching introductory and corporate finance to undergraduate, MBA and EMBA students, and to managers.

Devashis Mitra

Associate Dean (International) and Professor of Finance at the Faculty of Business Administration, University of New Brunswick, Fredericton. He has extensive experience teaching introductory and advanced courses to undergraduate and MBA students. His teaching interests are in Corporate Finance, Entrepreneurial Finance, and International Finance. Professor Mitra has conducted research in areas such as dividend policy, working capital, international capital budgeting, financial markets, and venture capital. Professor Mitra’s research projects have been funded by the Social Sciences and Humanities Research Council of Canada and the Shastri Indo-Canadian Institute. He has served as a past Division Chair, Academic Reviewer, and Program Chair at conferences of the Administrative Sciences Association of Canada.