FMA Roundtable on Stock Market Pricing and Value-Based Management

This 2005 roundtable addressed stock market valuation and its implications for a number of important corporate financial management functions, including internal performance evaluation and capital budgeting. Panelists included Tom Copeland of MIT, Bennett Stewart of Stern Stewart, Trevor Harris of Morgan Stanley, Stephen O'Byrne of Shareholder Value Advisors, Justin Pettit of UBS, David Wessels of University of Pennsylvania, and Don Chew of Morgan Stanley. John Martin of Baylor University and Sheridan Titman of University of Texas at Austin moderated.