A closely held firm is not a smaller version of a large public firm, anymore than a child is a miniature adult. Recognizing that value comes from the ability to generate future cash flows, this book emphasizes the differences between the large and small firms when presenting the concepts to...

The modern economy of North America has been built on nearly five centuries of natural resource exploitation. Wetlands have been part of that pattern, with drainage and filling used to convert them to higher economic values. Ecological research and social value changes have been accumulating in...