This eBook showcases some of the papers presented at the Academy of Finance, Chicago, Illinois, U.S.A. The Academy of Finance was formed in 1987 under the administrative umbrella of the Midwest Business Administration Association. Over the years, the Academy has grown and prospered, attracting authors from 43 states and over 10 different countries. The Journal of the Finance Issues (JFI) is the peer reviewed Cabell listed journal of the Academy of Finance. The papers in this special issue of Managerial Finance underwent a standard double blind, peer review process where two or more reviews were completed for each paper. The Guest Editor, with inputs from 11 members of JFI Editorial Board, made the final selections. The articles in this issue are empirical in nature and generally provide practical implications for corporate practices and risk management.