Improving the Health of Healthcare Companies

• Date: 01 September 2017
• DOI: http://doi.org/10.1111/jacf.12246
• Published date: 01 September 2017
• Author: Gregory V. Milano,Joseph G. Theriault,Marwaan R. Karame

In This Issue: Active Investors and Valuation

The Evolving Shareholder Activist Landscape 8Ajay Khorana, Anil Shivdasani, and Gustav Sigurdsson, Citi

Improving the Health of Healthcare Companies 18 Gregory V. Milano, Marwaan R. Karame, and

Joseph G. Theriault, Fortuna Advisors LLC

University of Texas Roundtable

The State of the U.S. Private Equity Market

30 Will Carpenter, Teachers Retirement System of Texas;

Andy Jhawar, Apollo Global Management; Tiffany Kosch,

CenterGate Capital; Austin Long, Alignment Capital.

Moderated by Ken Wiles, University of Texas at Austin.

University of Texas Roundtable

The Role of Private Equity in the Financing and Restructuring of

Oil and Gas Companies

42 Chris Manning, Trilantic Capital Partners; Bill Montgomery,

Quantum Energy Partners; Bryan Shefeld, Parsley Energy;

Jim Hackett, Riverstone, LLC. Moderated by Sheridan Titman,

University of Texas at Austin.

The Keys to Success in Spinoffs 54 Craig Emrick, Ajay Khorana, Anil Shivdasani, and

Peter Ventouras, Citi

Statement of the Financial Economists Roundtable

Corporate Tax Reform

65 Drafted by Arnoud Boot, Dennis Logue and Chester Spatt

Two Different Ways of Treating Corporate Cash in FCF Valuations—

and the Importance of Getting the Cost of Capital Right

71 Peter D. Easton, University of Notre Dame, and

Gregory A. Sommers, Southern Methodist University

Valuation of a Pharmaceutical Licensing Contract 80 John Lynch, Ohio State University, and Richard Shockley,

Indiana University

Investor Protection and Governance in the Valuation of

Emerging Markets Investments

89 Leila Atwi, B.e.e., Assem Saeddine, American University of

Beirut, and Sheridan Titman, University of Texas at Austin

The Empirical Average Cost of Capital:

A New Approach to Estimating the Cost of Corporate Funds

101 Gerard T. Olson and Michael S. Pagano, Villanova University

VOLUME 29 | NUMBER 3 | SUMMER 2017

APPLIED CORPORATE FINANCE

Journal of