{"product_id":"reframing-finance-ashby-monk-9781503611603","title":"Reframing Finance: New Models of Long-Term Investment Management","description":"\u003cp\u003eSince the 2008 financial crisis, beneficiary organizations--like pension funds, sovereign wealth funds, endowments, and foundations--have been seeking ways to mitigate the risk of their investments and make better financial decisions. For them, \u003ci\u003eReframing Finance\u003c\/i\u003e offers a path forward.\u003c\/p\u003e \u003cp\u003eThis book argues that institutional investors would better serve their long-term goals by putting money into large-scale, future-facing projects such as infrastructure, green energy, innovation in agriculture, and real estate development. At the same time, redirecting long-term investments would close significant financial gaps that government cannot. Drawing on key contributions in economic sociology, social network theory, and economics, the book conceptualizes a collaborative model of investment that is already becoming increasingly common: Large investors contribute more directly to private market assets, while financial intermediaries seek to foster co-investment partnerships, better aligning incentives for all. A combination of rich case studies and rigorous theory enables asset owners to move toward more efficient, private-market investing, while also laying groundwork for research at the frontier of finance.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Ashby Monk, Rajiv Sharma, Duncan L. Sinclair\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1503611604\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781503611603\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Stanford Economics and Finance\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/03\/2019\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 216\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.71lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.49d","brand":"Ashby Monk","offers":[{"title":"Paperback","offer_id":44124288647423,"sku":"9781503611603","price":35.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_943f7fc2-6a78-4c59-ab5f-e45f810f6125.jpg?v=1687435871","url":"https:\/\/www.whiterainbookhouse.com\/products\/reframing-finance-ashby-monk-9781503611603","provider":"WR Book House","version":"1.0","type":"link"}