Michael H. Moffett is an associate professor of finance at Thunderbird, the Garvin Graduate School of International Management. He received a BA in economics from the University of Texas at Austin, an MS in resource economics from Colorado State University, and an MA and a PhD in economics from the University of Colorado, Boulder. In addition to teaching, Moffett has authored, coauthored, or contributed to six books and fifteen other publications. Some of the publications his articles have appeared in include the "Journal of Financial and Quantitative Analysis, "the "Journal of Applied Corporate Finance, "and the "Journal of International Money and Finance." Arthur I. Stonehill is an… emeritus professor of finance and international business at Oregon State University, where he taught for twenty-four years. After receiving his PhD in business administration from the University of California, Berkeley, he was awarded honorary doctorates from the Aarhus School of Business and the Copenhagen Business School in Denmark, and from Lund University in Sweden. Stonehill has also authored or coauthored nine books and twenty-five other publications. His articles have appeared in numerous publications including "Financial Management," the "Journal of International Business Studies," and "California Management Review." David K. Eiteman is an emeritus professor of finance at the John E. Anderson Graduate School of Management at UCLA. He received his PhD in finance from Northwestern University and is a former president of the International Trade and Finance Association, Society for Economics and Management in China, and the Western Finance Association. Besidesteaching, Eiteman has also authored or coauthored four books and twenty-nine other publications. His articles have appeared in various publications such as the "Journal of Finance, "the "International Trade Journal, "and the "Financial Analysts Journal."