Laurence Booth is the CIT Chair in Structured Finance at Rotman. His major research interests are in corporate finance and the behaviour of regulated industries. He has published extensively in top academic and professional journals, and is the co-author of two major textbooks: International Business and Introduction to Corporate Finance. The latter book will be the first Wiley Canada text to be edited for U.S. sale. Laurence is on the editorial board of four academic journals and in 2003 was awarded the Financial Post’s Leader in Management Education Award.