University of Texas Roundtable on Financing and Managing Energy Investments in a Low‐Price Environment

• Author: Bernard “Buddy” Clark,Sheridan Titman,Greg Beard,Gene Shepherd,Marshall Adkins,George Vaughan
• DOI: http://doi.org/10.1111/jacf.12157
• Date: 01 March 2016
• Published date: 01 March 2016

In This Issue: Risk Management

Risk Management—the Revealing Hand 8Robert S. Kaplan, Harvard Business School,

and Anette Mikes, HEC Lausanne

Bankers Trust and the Birth of Modern Risk Management 19 Gene D. Guill, GPS Risk Management Advisors, LLC

University of Texas Roundtable

Financing and Managing Energy Investments in a Low-Price Environment

30 Marshall Adkins, Raymond James; Greg Beard, Apollo

Global Management; Bernard Clark, Haynes and Boone;

Gene Shepherd, Brigham Resources; and George Vaughan,

ConocoPhillips. Moderated by Sheridan Titman, University of

Texas McCombs School of Business.

Why FX Risk Management Is Broken—and What Boards Need to Know to Fix It 46 Håkan Jankensgård, Lund University, Alf Alviniussen,

Lars Oxelheim, University of Agder, and

Research Institute of Industrial Economics

Derivatives: Understanding Their Usefulness and Their Role in the Financial Crisis 62 Bruce Tuckman, New York University Stern School

of Business

Opaque Financial Contracting and Toxic Term Sheets in Venture Capital 72 Keith C. Brown and Kenneth W. Wiles, University of Texas

McCombs School of Business

Three Approaches to Risk Management—and How and Why

Swedish Companies Use Them

86 Niklas Amberg and Richard Friberg, Stockholm

School of Economics

Are U.S. Companies Really Holding That Much Cash—And If So, Why? 95 Mar c Zenner, Evan Junek, and Ram Chivukula,

J.P. Morgan

Seeking Capital Abroad: Motivations, Process, and Suggestions for Success 104 Greg Bell, University of Dallas, and Abdul A. Rasheed,

University of Texas at Arlington

The Beliefs of Central Bankers About Ination and the Business Cycle—

and Some Reasons to Question the Faith

114 Brian Kantor, Investec Wealth and Investment

VOLUME 28 | NUMBER 1 | WINTER 2016

APPLIED CORPORATE FINANCE

Journal of

30 Journal of Applied Corporate Finance • Volume 28 Number 1 Winter 2016

University of Texas Roundtable on Financing and Managing Energy

Investments in a Low-Price Environment

Hicks, Muse, Tate & Furst Center for Private Equity Finance | University of Texas at Austin | February 24, 2016