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Authors: Brian Kettell
Published by: Centre for Islamic Banking and Finance
Published in: 2001
Length: 9 pages
Data source: Generalised experience

Abstract

In a controversial series of monographs Robert Haugen, in analysing the evolution of academic finance, characterises its evolution into three groupings, namely what he calls the Old Finance, Modern Finance and The New Finance (1999). This note discusses the characteristics of these three groupings.

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Abstract

In a controversial series of monographs Robert Haugen, in analysing the evolution of academic finance, characterises its evolution into three groupings, namely what he calls the Old Finance, Modern Finance and The New Finance (1999). This note discusses the characteristics of these three groupings.

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