Examining the Intangible Drivers of Enterprise Value

In this issue, we bring you a selection of articles from one of the most selective finance research conferences in the world: the Summer Research Conference in Corporate Finance organized by the Centre for Analytical Finance at the ISB and the Wharton School of the University of Pennsylvania. The burning topic these articles address is one that concerns central bankers, business leaders, share-brokers and equity analysts alike – what are the mysterious fundamentals that make or break company fortunes?

Our Features section this time showcases answers to a truly eclectic range of questions: can a city-wide public transport system like the metro really reduce pollution levels? How do young people in slums interact with Facebook and social media? And for all those of us who have ever wondered: why do unhealthy foods have to taste so good?

We are especially pleased to bring you an exclusive interviews with YC Deveshwar, Chairman of ITC Limited and Eduardo Schwartz, one of the world’s leading thinkers on financial valuation.