This Managerial Finance e-book showcases a selection of the best papers presented at the Annual Meetings of the Academy of Finance, Chicago, Illinois, USA in 2013-14. Each submission underwent a standard double blind peer review process where two or more reviews were completed. Further, the Editorial Board of the Journal of Finance Issues conducted a blind review of the shortlisted articles and recommended these papers for publication. The work focuses on the performance and efficiency of financial markets and instruments in specific US and emerging countries.