Abstract
In the late 1940s, business and finance were emerging out of the shadow of economics. Previous scholars had set the stage for more advanced and quantitative business studies, but few programs in business were prepared to move beyond a relatively simple narrative in business studies. Chicago was the exception in this respect. In the 1950s, Chicago had almost singlehandedly formalized a new quantitative approach to finance that was mathematically rigorous and free market-oriented. Left by the wayside, though, were the important institutional subtleties within the corporate black box.
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Notes
A. A. Berle and G. C. Means, The Modern Corporation and Private Property, London: Macmillan Publishers, 1932.
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© 2015 Colin Read
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Read, C. (2015). The Times. In: The Corporate Financiers. Great Minds in Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137341280_25
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DOI: https://doi.org/10.1057/9781137341280_25
Publisher Name: Palgrave Macmillan, London
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