I have never met Lynn Stout. Of course, just like any person even remotely interested in corporate governance and US corporate law, I know her insightful writings. But I do not know her personally. I know for a fact, however, that Lynn Stout is a nice person. And an excessively nice person she...

We examine how a Japanese firm can derive the most value from a captive insurance company. We use actual data on losses, captive operating costs, interest rates and foreign exchange rates to simulate cash flows from a hypothetical pure captive. We examine three domiciles popular with Japanese...

Shareholder value must remain central to the attention of corporate real estate officers (CREOs), even though senior executives have a number of competing agendas. One reason for this is that shareholder value is a vital performance indicator for any important ancillary service; another is that...

A significant proportion of corporate real estate tends to be owned by corporate occupiers for historic reasons. This may be as a result of financial planning, the use of property as a hedge against inflation or the chance of capital gains from property redevelopment. Very often, however,...

Globalisation is one of the key economic, political, social and technological drivers of our age. Concurrently, outsourcing worldwide has topped US$1tn per annum.2 In the future, the strategic management of corporate real estate (CRE) will no longer be viewed in isolation from these trends, as...

Until recently, occupiers have ignored the financial benefits real estate can add to the value of their firms. Corporate real estate (CRE) is now on the corporate agenda and CRE executives are being challenged by shareholders and senior management to employ best practice techniques to unlock the...

Purpose Research has shown the potential contribution of properly managed suppliers to the competitive position of firms. Major strategy schools of thought such as the industry view and the resource-based view have evolved in their perspective about supplier’s contributions, replacing a...

In Germany the significance of corporate communications has come a long way since the early 1990s. In many cases, multidimensional structural change within companies has left an identity vacuum which some have superficially attempted to fill by way of the shareholder value versus stakeholder...

This study examines the effects of the accruals vs. cash flow bases on firm’s MB ratio as a proxy for shareholder value. The methodology utilizes the benefits of the ‘partial adjustment model’ where it addresses the extent to which the shareholder value adjusts to a target level. The final...