Brief History of Finance

Abstract

This article is based on a study done by professor fred Weston.
In this article the evolution of financial management concepts is
Explained . The history of financial ideas is presented in eight
sections as follows:
1- An overview of central ideas of finance
2- Historical review of the impact of economic developments on
the content of the finance field.
3- The emergence of selected areas of Finance.
4- The evolution of working capital management and techniques.
5- Financial strategy of growth.
6- International finance
7- The proliferation of the literature of finance
8- Coping with knowledge explosion.
In this paper the first three Sections are presented and the
remaining sections will he presented in the next issue of the
Journal of Financial Research.