More than thirty leading scholars and finance practitioners discuss the theory and practice of using enterprise-risk management (ERM) to increase corporate values. ERM is the corporate-wide effort to manage the right-hand side of the balance sheet--a firm's total liability structure-in ways that enable management to make the most of the firm's assets. While typically working to stabilize cash flows, the primary aim of a well-designed risk management program is not to smooth corporate earnings, but to limit the possibility that surprise outcomes can threaten a company's ability to fund its...
More than thirty leading scholars and finance practitioners discuss the theory and practice of using enterprise-risk management (ERM) to increase corp...
In this book, well-known corporate financial advisor Joel Stern moderates six roundtable discussions among distinguished investment bankers, corporate executives, and financial economists. Discussions focus on topics of strong current interest: mergers and acquisitions, executive compensation, corporate restructuring, capital structure, dividend policy, and investor relations.
In this book, well-known corporate financial advisor Joel Stern moderates six roundtable discussions among distinguished investment bankers, corporate executives, and financial economists. Discussions focus on...
In this book, well-known corporate financial advisor Joel Stern moderates six roundtable discussions among distinguished investment bankers, corpor...
Corporate governance constitutes the internal and external institutions, markets, policies, and processes designed to help companies maximize their efficiency and value. In this collection of classic and current articles from the Journal of Applied Corporate Finance, thought leaders such as Michael Jensen and Robert Monks discuss the corporate mission of value maximization and the accomplishments and limitations of the U.S. governance system in achieving that end. Essays address the elements driving corporate value: the board of directors, compensation for CEOs and other employees,...
Corporate governance constitutes the internal and external institutions, markets, policies, and processes designed to help companies maximize their ef...
Corporate governance constitutes the internal and external institutions, markets, policies, and processes designed to help companies maximize their efficiency and value. In this collection of classic and current articles from the Journal of Applied Corporate Finance, thought leaders such as Michael Jensen and Robert Monks discuss the corporate mission of value maximization and the accomplishments and limitations of the U.S. governance system in achieving that end. Essays address the elements driving corporate value: the board of directors, compensation for CEOs and other employees,...
Corporate governance constitutes the internal and external institutions, markets, policies, and processes designed to help companies maximize their ef...
Effective corporate governance, or the set of controls and incentives that drive top management, originates both outside and inside the firm and assures investors who hope to commit their capital. Essential when buying stocks in one's own country, effective corporate governance is even more important abroad, where information can be less reliable and investor influence (or protection) more limited. In this collection of articles from the Journal of Applied Corporate Finance, more than thirty leading scholars and practitioners discuss the possibilities and limitations of global...
Effective corporate governance, or the set of controls and incentives that drive top management, originates both outside and inside the firm and assur...
