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The unique story of a business heretic and his concept of Economic Value Added (EVA) In Against the Grain, Joel Stern shares for the first time, not only the story of how EVA swept the corporate world, but the story behind the story-the intellectual underpinnings of EVA, how he and his colleagues at Stern Stewart & Co. promoted the concept, won its initial acceptance by major corporations, and later turned the concept into a revolution. He has for good reason been called a one-man catalyst for change. In an engaging memoir, he has given us not only an account of his business strategy, but also provided fascinating anecdotes and vignettes of encounters with leading businessmen on four continents. Joel M. Stern (New York, NY) has been the Managing Partner of Stern Stewart & Co. since its founding in 1982 and was coauthor of The EVA Challenge (Wiley: 0-471-40555-8). A recognized authority on financial economics, corporate performance measurement, corporate valuation, and incentive compensation, he is a leading advocate of the concept of shareholder value. Irwin Ross (New York, NY) was retained to write The EVA Challenge with Joel Stern and John Shiely. He is a former roving editor of Reader's Digest and over the years has written for Fortune and a variety of other magazines.

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Book Details

ISBN: 9780471216001
ISBN-10: 0471216003
Format: Hardback
(233mm x 162mm x 22mm)
Pages: 240
Imprint: John Wiley & Sons Inc
Publisher: John Wiley and Sons Ltd
Publish Date: 10-Oct-2003
Country of Publication: United States

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Author Biography - Joel M. Stern

JOEL M. STERN has been the managing partner of Stern Stewart & Co. since its founding in 1982 and was coauthor of The EVA Challenge: Implementing Value-Added Change in an Organization (Wiley). He currently serves on the faculties of five graduate business schools. A widely published writer, Mr. Stern has been a financial policy columnist for the Financial Times and the Sunday Times of London. A recognized authority on financial economics, corporate performance measurement, corporate valuation, and incentive compensation, he is a leading advocate of the concept of shareholder value. IRWIN ROSS was retained to assist in the writing of The EVA Challenge with Joel Stern and John Shiely. In addition to this widely popular treatise, he has written several other books, among them The Loneliest Campaign: The Truman Victory of 1948, The Image Merchants, and Shady Business: Confronting Corporate Corruption. He is a former roving editor of Reader's Digest and over the years has written for a variety of other magazines, including Fortune and Harper's, as well as Stern Stewart's EVAngelist.

Books By Author Joel M. Stern

EVA Challenge by Joel M. Stern

The EVA Challenge

Paperback, January 2004
$55.67
Revolution in Corporate Finance by Joel M. Stern

The Revolution in Corporate Finance

Paperback, April 2003
$97.16