This article attempts to trace out the historical linkages in the evolution of the (1) Portfolio Theory, (2) Efficient Market Hypothesis and (3) International Finance, the three most important strands of work in the theory of finance, by providing a history of aspects of the evolution of finance theory, emphasizing the foundation-setting contributions by key theorists over the last four centuries.
Indian Journal of Finance, a source of sophisticated analysis of developments in the rapidly expanding world of finance, is a monthly journal with topics ranging from corporate to personal finance, insurance to financial economics and derivatives.