Journal of Economic Literature
Chew, Donald H., Jr. The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations
2026-02-26
Yueran Ma of University of Chicago, Booth School of Business, and NBER reviews “The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations” by Donald H. Chew Jr. The Econlit abstract of this book begins: “Explores the significant potential of the corporate finance function to increase the efficiency and value of organizations, from publicly traded companies to nonprofit institutions and state-owned enterprises, promoting the argument that US private-sector productivity is the fundamental source of US economic and social wealth.”