{"product_id":"from-backwoods-to-boardrooms-the-rise-of-institutional-investment-in-timberland-paperback","title":"From Backwoods to Boardrooms: The Rise of Institutional Investment in Timberland - Paperback","description":"\u003cp\u003eby \u003cb\u003eDaowei Zhang\u003c\/b\u003e (Author), \u003cb\u003eClark S. Binkley\u003c\/b\u003e (Foreword by)\u003c\/p\u003e\u003cp\u003eSince the early 1900s, forestland ownership has gone through two major structural changes in the United States and other parts of the world: the accumulation of industrial timberlands between the 1900s and 1980s and, since then, the shift from industrial to institutional ownership. \u003ci\u003eFrom Backwoods to Boardrooms\u003c\/i\u003e explores the history and economics of these two structural changes with emphasis on the latter. These ownership transformations have impacted tens of millions of acres of private landholdings and billions of investment dollars. Industrial structure, forest management and policy, research and development, community welfare, and forest sustainability have all been directly affected. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e Through a historical examination of key events and players, prevailing management philosophies, public policy, and institutional factors, Daowei Zhang searches for an economic explanation and assesses the impact of these ownership revolutions with a three-pronged approach. First, he explains why industrial firms were able to profit from owning forestlands, and how the shift to institutional ownership came about. Second, he compares private timberland investments and public equity investments with respect to risk-adjusted returns and other dimensions of interest to investors and forest managers, including alignment of interests, capacity to exploit market inefficiencies, and their forest management and conservation records. Finally, he provides thoughtful commentary on the future of institutional timberland investments and global forest sustainability. \u003cbr\u003e\u003ci\u003eFrom Backwoods to Boardrooms\u003c\/i\u003e is essential reading for forest managers, investors, and anyone interested in understanding the workings of the modern forest sector and the future of forest sustainability. \u003cp\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eDaowei Zhang\u003c\/b\u003e is George Peake Professor and associate dean for research at School of Forestry and Wildlife Sciences, Auburn University. He worked at the Ministry of Forestry and China Development Bank and served on the board of directors of the Pinchot Institute for Conservation and as Senior Forestry Officer and Team Leader for Climate Change and Resilience at Food and Agriculture Organization of the United Nations. He is a recipient of IUFRO's Scientific Achievement Award and Society of American Foresters' (SAF) Award in Forest Science. He is a SAF Fellow and has authored more than 130 refereed articles, books, and book chapters.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 280\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.7 x 8.9 x 5.9 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 15, 2021\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51767473602848,"sku":"9780870711428","price":45.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/0067aef262022a774eb462b058e9a554.webp?v=1780312016","url":"https:\/\/ebocreations.com\/products\/from-backwoods-to-boardrooms-the-rise-of-institutional-investment-in-timberland-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}