Member Reviews
"The Making of Modern Corporate Finance" by Donald H. Chew is an enlightening exploration of the evolution of corporate finance and its critical role in shaping global economic landscapes. With a deep dive into key ideas and thinkers who contributed to the development of modern corporate finance, Chew offers a comprehensive history that not only illuminates the past but also provides insights into the future of economic growth.
Chew’s clear and engaging writing makes complex financial concepts accessible to both experts and novices. He skillfully intertwines historical events like the stagflation of the 1970s and the post-pandemic economic recovery with the evolution of financial theories, demonstrating how these ideas have fueled the wealth of nations. Through his exploration of the "market for corporate control" and the efficient stock market theory, Chew highlights the mechanisms that have created some of the world’s most successful companies and sustained global productivity.
This book also addresses the social implications of corporate finance, asserting that economic efficiency is integral to tackling global challenges like poverty and climate change. Thought-provoking and insightful, "The Making of Modern Corporate Finance" offers valuable lessons on the importance of corporate finance in shaping both the economy and society. It is a must-read for anyone interested in understanding the vital intersection of finance, business, and global development.