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 Joel
M. Stern
Author of EVA®
Joel M. Stern has been the managing partner of Stern
Stewart & Co. since its founding in 1982. Prior
to that he served as president of Chase Financial Policy,
the financial advisory arm of Chase Manhattan Bank,
which he joined after completing his graduate studies
in economics and finance at the University of Chicago.
Mr. Stern has been a pioneer and leading advocate of
the concept of managing for shareholder value and is
an expert in implementing EVA.
Joel Stern advocated a revolution in the way companies
are valued and measured. EVA principles – at least
according to the consultants who advise companies on
using them – evaluate intangible assets more realistically
and correspond more closely to stock market performance. |
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