rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: Trustee Governance Guide
    sub title: The Five Imperatives of 21st Century Investing
  name:
    name part: Merker, Christopher K.
    role:
      role term: creator
    role:
      role term: author.
    role:
      role term: aut
    role:
      role term: http://id.loc.gov/vocabulary/relators/aut
  name:
    name part: Peck, Sarah W.
    role:
      role term: author.
    role:
      role term: aut
    role:
      role term: http://id.loc.gov/vocabulary/relators/aut
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2019
    edition: 1st ed. 2019.
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVII, 140 p. 15 illus. online resource.
  abstract: More than 80% of the financial assets in the United States fall under the purview of a trustee. That's a big responsibility for an estimated 1% (around 1.5 million people) of the U.S. working population charged with overseeing investments for millions and millions of beneficiaries, public sector, and non-profit organizations. In a world proliferated by investment products, increasingly dominated by indexes, faced-particularly in the pension world-with increasing liabilities, more regulation, and a growing number of social and sustainability objectives, what's a trustee to do? The Trustee Governance Guide is here to help guide today's board trustee through the brave new world of 21st century investing. The book focuses on the critical aspects of the Five Imperatives: Governance, Knowledge, Diversification, Discipline, and Impact. Based on more than a decade of research, practice, and discussions with many key decision makers and influencers across the industry, this book addresses the many topics related to better governance, greater mission-driven financial performance, and impact. The questions the book addresses include: · What is good governance, how do we know it when we see it, and why does it matter? · How much knowledge is necessary to be a competent board member? · How big should my endowment be? · What are the key elements of a diversified portfolio? · How much does cost matter? · What's the difference between socially responsible and ESG investing? · Can I focus on sustainability and still be a good fiduciary? This book provides a way for boards to improve and benchmark their own governance performance alongside their peers, and uniquely covers related investment topics in each chapter.
  table of contents: 1. Introduction -- Part I The First Imperative: Be Well-Governed -- 2. Crisis -- 3. Fiduciary Duty -- 4. Good Governance -- Part II The Second Imperative: Be Knowledgeable and Beware of Common Errors -- 5. Human Error and Behavioral Finance -- 6. Knowledge Not Just for Knowledge's Sake -- 7. Origins of Financial Illiteracy -- Part III The Third Imperative: Be Diversified -- 8. 30,000 Products -- 9. Theory Time -- 10. Over-Diversification -- Part IV The Fourth Imperative: Be Disciplined and Control Costs -- 11. The Active Versus Passive Debate -- 12. Active Versus Passive: The Evidence -- 13. Cost Savings and What Really Matters -- Part V The Fifth Imperative: Be Impactful -- 14. Farewell to Uncle Milt -- 15. ESG Challenges -- 16. Ok, We've Bought In...Now What?.
  note: by Christopher K. Merker, Sarah W. Peck.
  subject:
    topic: Personal finance
  subject:
    topic: Pension plans
  subject:
    topic: Investment banking
  subject:
    topic: Securities
  subject:
    topic: Corporate governance
  subject:
    topic: Personal Finance/Wealth Management/Pension Planning
  subject:
    topic: Investments and Securities
  subject:
    topic: Corporate Governance
  classification: HG179
  classification: 332.041
  related item:
    title info:
      title: Springer eBooks
  identifier: 9783030210885
  identifier: https://doi.org/10.1007/978-3-030-21088-5
  record info:
    record creation date: 190625
    record change date: 20191023121607.0
    record identifier: 978-3-030-21088-5