Chandrashekar Krishnamurti is an Associate Professor at the School of Business, Auckland University of Technology, New Zealand. He has held teaching positions at the National University of Singapore, Nanyang Business School, Singapore, the Indian Institute of Science and Monash University, Australia. He has a Ph.D. in Finance from the University of Iowa, USA. He has a wealth of teaching, research and consulting experience having worked in the US, India, Singapore and Australia. He is especially interested in market microstructure, risk management using derivatives, emerging markets and international finance. He has been a consultant for the Financial Institutions Reform and Expansion (FIRE) project funded by USAID and administered by Price Waterhouse LLP, USA. He has utilized his wide-ranging research expertise to conduct studies in Nasdaq, New York Stock Exchange, Paris Bourse, and stock exchanges in emerging countries. He has written a regular (MoneyGuru) column for Lycos Asia's Finance Portal (sg.fi nance.lycosasia.com) covering topics of interest to individual investors. His main areas of research are in Corporate Finance and Market Microstructure. His secondary research interests include Emerging markets, International Finance and Risk Management. He has conducted executive training in Derivatives and Risk Management, Investment Strategies for Individual Investors. He has published in major international journals such as: Financial Management, Journal of Banking and Finance, Journal of Financial Research, Quarterly Journal of Business and Economics (USA), The ICFAI Journal of Applied Finance (India), Research in International Business and Finance (USA), and Managerial Finance (UK). He has presented his research at major conferences around the world. Vishwanath S R is an Associate Consultant with the Tata Management Training Centre in Pune. He has also been on the faculties of S P Jain Institute of Management in Mumbai, T A Pai Management Institute in Manipal, and Bharathidasan Institute of Management in Trichy. He has lectured extensively in many business schools on a variety of topics in finance, and has also conducted executive education programs for executives from many companies like Wipro, Bharat Heavy Electricals Limited, MICO, and Hindustan Lever Limited among others. Vishwanath S R has edited two books on Advanced Corporate Finance and Mergers, Acquisitions and Corporate Restructuring. His teaching and research interests are in corporate finance.