The Financial Crisis
Implications for Research and Teaching

Editors: Ted Azarmi, Wolfgang Amann



Includes advice on how to change financial practice to deal with financial crises

Provides answers from leading academics and practitioners on some of the most pressing areas of reform in the field of finance

Includes contributions by Maurizio Murgia, an internationally renowned European corporate finance scholar and Robert E. Krainer, a senior professor with banking and business cycles research interest from University of Wisconsin-Madison

This book brings together a good mix of academics and practitioners for a discussion that focuses on how to change financial practice and the academic field of finance in order to understand the current financial crisis and deal with future turbulent financial times. The volume is based on contributions by prominent academics and practitioners from Europe, Asia and the USA. The book contains several essays, most prominently by Maurizio Murgia, an internationally renowned European corporate finance scholar, and Robert E. Krainer, a senior professor with banking and business cycles research interest from University of Wisconsin-Madison. This book also deals with pedagogical, empirical and theoretical considerations in light of the crisis.

Table of contents

Front Matter

Introduction: Finance and the Financial Crisis

Corporate Governance and Restructuring Through Spin-Offs: European Evidence

Alternative Specifications of Bank Lending in France and Germany: Theory, Evidence, and Policy Implications

Toward Banking Union in Europe: An Interim Assessment

A World Without Money Needs No Banks and No Rating

Put–Call Parity Violations Under Limited Arbitrage: A Case Study and a Simulation Tool for Detecting Financial Irregularity

Enabling Holistic Finance Education in Turbulent Times

Actual Problems of Finance Teaching in Ukraine in the Post-Crisis Period

Executive Compensation and Risk Taking: The Impact of Systemic Crises

Measuring the Success of Executive Education: Comprehensively Depicting Holistic Finance Education

Conclusion: Emerging Insights on Teaching Finance in Turbulent Times