Brief History of Finance

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.