DONALD H. CHEW, JR., is a Founding Partner of and Director of Publications for Stern Stewart & Company.

• Participants Preface by Donald H. Chew, Jr. Introduction: Mis-Accounting for Value by Joel M. Stern I. Reaching the "Lead Steers": A Discussion of Corporate Financial Communication Commentary: How to Communicate with an Efficient Market by Bennett Stewart and David M. Glassman II. Do Dividends Matter?: A Discussion of Corporate Dividend Policy Commentary: Why Pay Dividends? by Donald H. Chew, Jr III. The Market for Corporate Control: A Discussion of Corporate Mergers and Acquisitions Commentary: How to Value an Acquisition, or Don't Give Away the Store by Joel M. Stern Commentary: Is Buying Big Bad?: A Review of 1984's Biggest M&A Deals by Timothy M. Koller IV. The Restructuring of Corporate America: A Discussion of the Reverse Merger Movement Commentary: Why Restructuring Works by David M. Glassman Commentary: A Framework for Setting Required Rates of Return by Bennett Stewart V. The Leveraging of Corporate America: A Discussion of Corporate Capital Structure Commentary: Some Guidelines for Setting Capital Structure Targets by Bennett Stewart VI. Giving Executives the Right Incentives: A Discussion of Management Compensation Commentary: Performance Measurement and Management Incentive Compensation by Bennett Stewart Index

DONALD H. CHEW, JR., is a Founding Partner of and Director of Publications for Stern Stewart & Company.

• Participants Preface by Donald H. Chew, Jr. Introduction: Mis-Accounting for Value by Joel M. Stern I. Reaching the "Lead Steers": A Discussion of Corporate Financial Communication Commentary: How to Communicate with an Efficient Market by Bennett Stewart and David M. Glassman II. Do Dividends Matter?: A Discussion of Corporate Dividend Policy Commentary: Why Pay Dividends? by Donald H. Chew, Jr III. The Market for Corporate Control: A Discussion of Corporate Mergers and Acquisitions Commentary: How to Value an Acquisition, or Don't Give Away the Store by Joel M. Stern Commentary: Is Buying Big Bad?: A Review of 1984's Biggest M&A Deals by Timothy M. Koller IV. The Restructuring of Corporate America: A Discussion of the Reverse Merger Movement Commentary: Why Restructuring Works by David M. Glassman Commentary: A Framework for Setting Required Rates of Return by Bennett Stewart V. The Leveraging of Corporate America: A Discussion of Corporate Capital Structure Commentary: Some Guidelines for Setting Capital Structure Targets by Bennett Stewart VI. Giving Executives the Right Incentives: A Discussion of Management Compensation Commentary: Performance Measurement and Management Incentive Compensation by Bennett Stewart Index

DONALD H. CHEW, JR., is a Founding Partner of and Director of Publications for Stern Stewart & Company.

• Participants Preface by Donald H. Chew, Jr. Introduction: Mis-Accounting for Value by Joel M. Stern I. Reaching the "Lead Steers": A Discussion of Corporate Financial Communication Commentary: How to Communicate with an Efficient Market by Bennett Stewart and David M. Glassman II. Do Dividends Matter?: A Discussion of Corporate Dividend Policy Commentary: Why Pay Dividends? by Donald H. Chew, Jr III. The Market for Corporate Control: A Discussion of Corporate Mergers and Acquisitions Commentary: How to Value an Acquisition, or Don't Give Away the Store by Joel M. Stern Commentary: Is Buying Big Bad?: A Review of 1984's Biggest M&A Deals by Timothy M. Koller IV. The Restructuring of Corporate America: A Discussion of the Reverse Merger Movement Commentary: Why Restructuring Works by David M. Glassman Commentary: A Framework for Setting Required Rates of Return by Bennett Stewart V. The Leveraging of Corporate America: A Discussion of Corporate Capital Structure Commentary: Some Guidelines for Setting Capital Structure Targets by Bennett Stewart VI. Giving Executives the Right Incentives: A Discussion of Management Compensation Commentary: Performance Measurement and Management Incentive Compensation by Bennett Stewart Index