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Daowei Zhang de Backwoods to Boardrooms (Livre de poche) (IMPORTATION BRITANNIQUE)

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Book Title
From Backwoods to Boardrooms
Publication Name
From Backwoods to Boardrooms : the Rise of Institutional Investment in Timberland
Title
From Backwoods to Boardrooms
Subtitle
The Rise of Institutional Investment in Timberland
Author
Daowei Zhang
Format
Trade Paperback
EAN
9780870711428
ISBN
9780870711428
Publisher
Oregon STATE University Press
Genre
Technology & Engineering
Subject
History
Release Date
30/09/2021
Release Year
2021
Language
English
Country/Region of Manufacture
US
Item Height
0.5in
Item Length
8.9in
Item Weight
16.2 Oz
Publication Year
2021
Type
Textbook
Item Width
6in
Number of Pages
280 Pages

À propos de ce produit

Product Information

Since the early 1900s, forestland ownership has gone through two major structural changes in the United States and other parts of the world: the accumulation of industrial timberlands between the 1900s and 1980s and, since then, the shift from industrial to institutional ownership. From Backwoods to Boardrooms explores the history and economics of these two structural changes with emphasis on the latter. These ownership transformations have impacted tens of millions of acres of private landholdings and billions of investment dollars. Industrial structure, forest management and policy, research and development, community welfare, and forest sustainability have all been directly affected. Through a historical examination of key events and players, prevailing management philosophies, public policy, and institutional factors, Daowei Zhang searches for an economic explanation and assesses the impact of these ownership revolutions with a three-pronged approach. First, he explains why industrial firms were able to profit from owning forestlands, and how the shift to institutional ownership came about. Second, he compares private timberland investments and public equity investments with respect to risk-adjusted returns and other dimensions of interest to investors and forest managers, including alignment of interests, capacity to exploit market inefficiencies, and their forest management and conservation records. Finally, he provides thoughtful commentary on the future of institutional timberland investments and global forest sustainability. From Backwoods to Boardrooms is essential reading for forest managers, investors, and anyone interested in understanding the workings of the modern forest sector and the future of forest sustainability.

Product Identifiers

Publisher
Oregon STATE University Press
ISBN-10
0870711423
ISBN-13
9780870711428
eBay Product ID (ePID)
8050095774

Product Key Features

Author
Daowei Zhang
Publication Name
From Backwoods to Boardrooms : the Rise of Institutional Investment in Timberland
Format
Trade Paperback
Language
English
Publication Year
2021
Type
Textbook
Number of Pages
280 Pages

Dimensions

Item Length
8.9in
Item Height
0.5in
Item Width
6in
Item Weight
16.2 Oz

Additional Product Features

Lc Classification Number
Sd431
Reviews
"Professor Zhang has written a remarkable book about the transformation of private forest ownership in the US and around the world during the past thirty-five years. The scale of the change--from lands once owned by integrated forest products companies to institutional investors--is truly revolutionary and is a story impacting tens of millions of acres of private landholdings and billions of dollars of investment. This revolution in ownership with its complex reasons and policy impacts has not been told with such reasoned and thoughtful attention before. This book is a must read for anyone who contributed to this transition, were participants in the organizations who made it happen, or beneficiaries of its impact." --Peter C. Mertz, Former President and CEO of Global Forest Partners, This is the first book to provide a comprehensive assessment of the restructuring of commercial timberland ownership and management in the United States and around the globe. Dr. Zhang has provided a great service to the sector by capturing not only the technical and theoretical aspects of this episode but the human side as well. Interviews with the pioneers of modern timber finance help make this book engaging as well as informative and capture details of the history that could otherwise have been lost. It will be required reading for anyone interested in understanding the workings of the modern forest sector. --David N. Wear, Resource for the Future, "This book is a goldmine of information on the history, economics and investment vehicles in the forestry asset class." --David Brand, Chief Executive Officer, New Forests Asset Management Pty Limited, "Daowei Zhang has written the seminal book on Institutional Investment in Timberland, which will be the standard reference henceforth. The book has a comprehensive and insightful blend of economic theory about investments; a great history and rich stories about early and current institutional investors and individual leaders in the investment arena; analysis of the reasons for the trend of the huge rise in institutional investments in the last four decades; and comments on prospects for the future. This is a fascinating mix of scholarship, investment sector acumen, and enjoyable reading for all readers and investors in the forestry sector." --Frederick W. Cubbage, Professor, North Carolina State University "Whether you are a student or a professional institutional investor, Professor Zhang's book provides a meaningful analysis of how tax policy drove profound changes in timberland ownership in the private and public sector over the last four decades." --Mike Covey, Executive Chairperson, PotlatchDeltic Corporation "This is a novel and prime research work on commercial timberland investments in the United States as well as in the world. Everyone in the timberland investment field should have Dr. Zhang's book on their shelves. It also adds a significant value to the general discipline of Forest Economics." --Bin Mei, Hargreaves Professor of Forest Finance, University of Georgia "Professor Zhang's well researched book is an excellent guide for those who want to understand the transformation of the timber industry over the last 40 years." --Russell Hagen, Chief Development Officer, Weyerhaeuser Company, "Professor Daowei Zhang has written an outstanding and thorough history and analysis of the timber investment history." --Duncan Campbell, Founder of Campbell Global, "In this original and comprehensive research piece, Professor Zhang presents the history of institutional timberland investments and pioneers, analytical opportunities, current events and major TIMOs and REITs firms, financial performance of TIMOs and timberland REITs, regional and international timberland investments, and future promises. It is encyclopedic, and a must read for anyone involved in forest investment and management in the U.S. or other countries." --F. Christian Zinkhan, Founder and Chairman of The Forestland Group, From Backwoods to Boardrooms: The Rise of Institutional Investment in Timberland is a thoroughly researched and detailed account of the origin of a new investment asset class, which is now common in institutional investment portfolios and which substantially altered private timberland ownership patterns in the U.S. It is a must read for students of forest business and finance, as well as those interested institutional timberland investments. --Founder and Former President of Forest Investment Associates, Atlanta|9780870711428|, From Backwoods to Boardrooms: The Rise of Institutional Investment in Timberland is a thoroughly researched and detailed account of the origin of a new investment asset class, which is now common in institutional investment portfolios and which substantially altered private timberland ownership patterns in the U.S. It is a must read for students of forest business and finance, as well as those interested institutional timberland investments. --Charles M. Tarver, Founder and Former President of Forest Investment Associates, Atlanta|9780870711428|, "A seminal piece on institutional timberland investment." --Clark S. Binkley, former Chief Investment Officer, Hancock Timber Resource Group and GreenWood Resources
Copyright Date
2021
Topic
Agriculture / Forestry, Ecosystems & Habitats / Forests & Rainforests
Lccn
2021-033624
Dewey Decimal
634.92
Intended Audience
Scholarly & Professional
Dewey Edition
23
Illustrated
Yes
Genre
Technology & Engineering, Nature

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