About the Authors

Eugene F. Brigham is a Graduate Research Professor Emeritus at the University of Florida, where he has taught since 1971. Dr. Brigham received his M.B.A. and Ph.D. from the University of California (Berkeley) and his undergraduate degree from the University of North Carolina. Prior to coming to the University of Florida, Dr. Brigham held teaching positions at the University of Connecticut, the University of Wisconsin, and U.C.L.A.

Dr. Brigham has served as president of the Financial Management Association and has written more than 40 journal articles on the cost of capital, capital structure, and other aspects of financial management. The ten textbooks on managerial finance and managerial economics of which he is the author or co-author are used at more than 1,000 universities in the United States and have been translated into seven languages for worldwide use. He has testified in numerous electric, gas, and telephone rate cases at both the federal and state levels. He has served as a consultant to many utility and industrial companies including the Federal Reserve Board, the Federal Home Loan Bank Board, the U.S. Office of Telecommunications Policy, and the RAND Corporation.

Dr. Brigham spends his spare time on the golf course and with his family and two dogs, Geoff (after Geoffrey Chaucer) and Chocolate Chip. He also enjoys outdoor adventure activities and recently returned from a biking trip in Alaska, where he and his daughter biked nearly 300 miles in a week and took a 15-mile, seven-hour hike up a 14,240-foot peak. He was glad to get back to textbooks!

Joel F. Houston is an Associate Professor of Finance at the University of Florida. He received his M.A. and Ph.D. from the Wharton School at the University of Pennsylvania, and his undergraduate degree from Franklin and Marshall College. Prior to his appointment at the University of Florida, Dr. Houston was an Economist at the Federal Reserve Bank of Philadelphia.

Dr. Houston has published widely in the areas of Corporate Finance and Commercial Banking. His research focuses primarily on the role of financial institutions in the capital acquisition process, and mergers in the banking industry. In addition to co-authoring Fundamentals of Financial Management, Dr. Houston also serves as the co-author, along with Eugene Brigham, on the Concise Edition of Fundamentals. He has participated in management education programs for the World Bank, Southern Company and Service America Corporation. Dr. Houston received the College of Business Teacher of the Year Award in 1992, 1997, and 1999 and was a recipient of the Teaching Incentive Program Award in 1993 and 1996.

Apart from his professional activities, Dr. Houston coaches Little League baseball in his spare time and enjoys spending time at the beach with his wife and two children. He is an avid sports fan and loyally follows the Florida Gators and the Pittsburgh Steelers.

Copyright © Harcourt College Publishers, A Harcourt Higher Learning Company. All rights reserved.