I am a Partner at Dalberg Global Development Advisors, where I lead a lot of our finance and investment advisory work with development finance institutions, family offices, and impact investors. I also serve on several impact investment and field-building organization advisory boards and regularly contribute to the ecosystem through thought leadership and speaking engagements at leading conferences. Over the course of my 20+ year career, I have played the role of advisor, investor, and technical assistance provider on more than 200 individual projects across the globe.
I love the title of this book–it is thought-provoking in the right kind of way.
The book, which is more about Linda’s story of founding and building Endeavor, a community of entrepreneurs in emerging markets, and less about finance, is on my list because of the lessons it offers about what it takes to be successful in doing something difficult.
In the book, Linda encourages readers to embrace risk and unconventional thinking to achieve success. Not to be afraid if others think what you are doing doesn’t make sense if you believe in your purpose, have a strong network of support, and are willing to adapt and learn along the way. It's a great read for any impact finance leader.
'Some books on entrepreneurship are of little practical use. Rottenberg's new book is different. Sober, convincing and offers the best ways to build new business ventures' Financial Times
'Linda has tapped into something important - that we all need to be more entrepreneurial these days. With her impressive track record and inspiring story, she shows us all how to overcome our fears and take smart, achievable steps to improve our organisations' Sheryl Sandberg
'Buy it. Read it. Live it' Seth Godin
These days everybody needs to think and act like an entrepreneur. We all need to be nimble, adaptive, daring…
I joined the U.S. Marine Corps in 2008 and by 2015 I was a Sergeant who had made all the same financial decisions most service members make…tattoos, alcohol, cars, chasing tail, etc., and had a negative net worth to show for it. Then I read Rich Dad Poor Dad and the light came on. I started buying houses, and by 2021 I exited the military as a financially free millionaire and spend my time helping service members and veterans learn how to build wealth. The military is one of the best places to set yourself up for success, and these books will help you get started on that journey!
Profit First is a banking system that accounts for the inevitable human error of “ooh, there is money in my account, I can afford that”.
This book helped me set my businesses up so that I was actually able to keep some of the income that was coming in from them, rather than continually getting to the end of the month and wondering where the revenue I had generated went.
This is a must read for self-employed and small business owners, and a solid read for personal finances too!
Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability.
Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by…
As an economics student I was told that corporate merger would typically enhance financial performance, because of scale economies, market power or the acquirer’s superior management. As an auditor of recently acquired firms I found disorganization, demoralised staff, and weak profits. As a researcher I found that most mergers had failed to boost profitability, a finding that was mostly replicated by researchers over the subsequent 40 years. In the meantime, helped by my co-author, one of my aims has been to provide an explanation of this evidence, recounted in ‘my book.’ I’m an academic ‘lifer’ at Cambridge University – latterly Professor of Financial Accounting and Acting Dean of Cambridge’s Judge Business School.
These three authors were brought in in 1990 to lead accounting standard-setting in the UK.
At the time, company accounts – especially those of merging companies - were a ‘laughing stock’, with profits often wildly overstated and debt materially understated. Against the expectation of many, they managed to outlaw companies’ preferred (profit-enhancing) accounting for M&A – ‘a triumph of diplomacy as well as intellectual ingenuity’ in the words of the Financial Times. The US and international standard-setters have since come close to adopting the same solution – but in the end have never quite dared.
The book combines rigorous discussion of technical accounting with light and lively discussion of the challenges and fights in which they engaged.
In the late 1980s, financial accounting in Britain was in disarray. 'Creative' accounting was rife. The authority of the industry's standard-setters had been drastically compromised when their rules for inflation accounting were first ignored by many firms and then abandoned. There were calls for government to replace the accountants' self-regulation with a tough regulatory regime close to the American model. Also, rapid change in the financial industry was generating complex new financial schemes for which existing accounting standards were inadequate. This book tells the story of the next decade: the problems the standard-setters faced, both technical and political, the resistance…
This was my second favorite book. Ms. Allen's book is all about the various ways in which the Chinese Communist Party seeks to influence the course of events in other countries, especially in the U.S.
It is insightful and incredible. You will definitely be surprised. I believe that the information she shares is accurate, based on the extent of her research, my own personal experience, and the extent to which her claims have been corroborated by other researchers who have been writing on this topic in the past few years. In my view, her book is a must-read for anyone who wants to understand China in the context of geopolitics in the 21st century.
'Allen has shown remarkable courage in writing this . . . A disturbing, insightful book about China's hidden, multitiered war-and how the West can fight back' Kirkus Reviews
The remarkable story of China's two-decade quest for global dominance.
For several decades China's ascendancy has been supported by an astonishingly broad and deep portfolio of quiet coercion. Stories of the Chinese Communist Party's authoritarian reach are breathtaking - the gagging of sports stars and huge Western brands; Hollywood self-censorship; infrastructure deals in exchange for political loyalty in multilateral organizations; and of course - communications firms. But these are just the most…
Some
time after starting out as an academic in the field of strategy, I became aware
of the fact that strategists thought and acted as if board members and
shareholders simply did not exist—executives made strategy. The
revelatory moment for me came when I tested this conception of the world
against the reality that I knew, Europe and family business, settings where shareholders
in particular have always played a critical role in deciding on the direction
of the firm. Ever since, I have made it my mission—in research, in
teaching, and in consulting—to make sure that strategy and governance
questions are always raised at the same time.
Too
often, people in the corporate governance field jump to the conclusion that
what works in one country has to work the same way in another country. Although corporate governance is fundamentally about power and accountability,
no matter the setting, one size does not fit all. Thomas Clarke’s book is
an excellent introduction to understanding how different legal systems and
different histories have shaped corporate governance in different national
environments. Learn from the best no matter the source and adapt to local
needs.
Thomas Clarke's International Corporate Governance offers a comprehensive guide to corporate governance forms and institutions and examines the recurring crises in corporate governance and the resulting corporate governance reform around the world.
While the popular structure of the original text has been retained, significant changes have been made to take account of the global financial crisis, ever-changing regulations and worldwide governance developments. Key topics include:
The governance failures of international corporations such as Enron and Lehman Brothers
Diversity in corporate and institutional forms across the world
The role of international corporate governance standards
Digital disruption in capital markets and proposals…
The financing of private firms is fascinating and a bit mysterious. It remains misunderstood and regularly gives birth to hype and excesses. I started my career working for a venture capital fund at the top of the Internet financial bubble, in 2000. This experience has imprinted my career and derailed my ambitions. It also fueled my thirst for knowledge. I started from essentially a virgin theoretical and academic land. I developed a body of practical and academic knowledge. Writing and publishing my books seemed to be the next logical step. I enjoy reading books on the sector and recommending them.
Private market fund managers are, along with hedge fund managers, the magnates of the 21st century.
Although many come from a privileged background, quite a few are self-made men such as the founder of what was once the largest private equity fund management firm in the Middle East: Abraaj Capital. The rags-to-riches story of Arif Naqvi, his drive from his childhood in Pakistan to high international society is simultaneously mesmerizing and frightening.
A headlong rush starts as his ambition outpaces his already high success. The fall is crushing, not only for him, but also for his partners, his employees, and everyone who trusted him. The book is a perfect combination of factual analyses and storytelling.
AS FEATURED IN BBC TWO'S BILLION DOLLAR DOWNFALL: THE DEALMAKER DOCUMENTARY
Two Wall Street reporters investigate the man entrusted with millions to make profits and end poverty but now stands accused of masterminding one of the biggest, most brazen frauds in history.
'Gripping' Guardian
***
Arif Naqvi was a man with an immeasurable dream: to end world suffering, poverty and disease. His vision? Capitalism used for good, progress and profit.
He persuaded politicians he could help stabilize the Middle East after 9/11 by providing jobs. He got Bill Gates to help him start a billion-dollar fund to improve health care…
Investing in the share market appears to be a bewildering, constantly shifting, extremely noisy, and busy world – one best left to the experts. Fortunes can be made but, equally, fortunes can be lost – with devastating results for those on the receiving end. And yet there are a few, simple, timeless principles to investing in the market successfully – and, ironically, those principles – known collectively as index or passive investing – will be more successful than all the noisy, busy stuff put out by the industry. In writing our book, this is what we would like as many people as possible to know. It’s not about being smart.
This is a slim, to-the-point, easily understood book based on the same principles as the well-known book on writing, The Elements of Style. With its five chapters, it is the opposite of the highly complex, bewildering, we-know-more-than-you communication put out on a daily basis by the investment industry. Its wisdom is timeless. It’s all that a first-time investor needs to know.
Seize control of your financial future with rock-solid advice from two of the world's leading investment experts
Investors today are bombarded with conflicting advice about how to handle the increasingly volatile stock market. From pronouncements of the "death of diversification" to the supposed virtues of crypto, investors can be forgiven for being thoroughly confused.
It's time to return to the basics. In the 10th Anniversary Edition of The Elements of Investing: Easy Lessons for Every Investor, investment legends Burton G. Malkiel and Charles D. Ellis deliver straightforward, digestible lessons in the investment rules and principles you need to follow to…
I come from an engineering background and early in my career I discover financial modelling as I had to assess the viability of business plans. I deal with financial models the last 20 years of my professional carrier as a Group Financial Officer of SIDMA STEEL SA. Moreover, I am teaching financial modelling in the American College of Greece, Deree, at University of Nicosia in collaboration with Globaltraing and many other places abroad. I am a numbers person, and I am fascinated by financial modelling as it provides you a tool to support effective decision-making.
This book is one of the best I have seen on the topic of Investment Banking.
It is a very good primer. I would recommend it to everyone wanting to break into the industry. It is highly accessible, easy to understand and overall, an engaging presentation of the topic.
It is one of the books I consulted to write the valuation chapter of my book.
A timely update to the global bestselling book on investment banking and valuation - this new edition reflects valuable contributions from Nasdaq and the global law firm Latham & Watkins LLP plus access to the online valuation models and course.
In the constantly evolving world of finance, a solid technical foundation is an essential tool for success. Due to the fast-paced nature of this world, however, no one was able to take the time to properly codify its lifeblood--namely, valuation and dealmaking. Rosenbaum and Pearl originally responded to this need in 2009 by writing the first edition of the book…
I’m passionate about workplace leadership, both as a writer and former human resources executive. I spent three decades in corporate HR roles. At the same time, I wrote 17 books on effective people leadership practices and published hundreds of articles as a columnist for SHRM—the Society for Human Resource Management. I’ve taught in UCLA Extension’s School of Business and Management for years, trained for the American Management Association, and served as a keynote speaker at many conferences. I find leadership and management fascinating—hiring, motivation, professional development, accountability, innovation, and even termination. Building people's muscle while protecting companies from unwanted legal liability has been my passion throughout my career.
In survey after survey, Gen Y Millennials and Gen Z Zoomers value diversity of thoughts, ideas, and voices as a top five priority. This book focuses on creating a work environment where people of all races, backgrounds, interests, and life experiences can partner together to do their best work every day with peace of mind. Kriska provides practical insights and roadmaps on how to lead diverse groups effectively, build trust and respect into team DNA, and bring out the best in others by having their backs.
Developing what she calls a “We Mindset” fosters a stronger sense of teamwork and camaraderie. As the world of work shifts more to team productivity and performance (as opposed to individual achievement), Kriska shows us the way to avoid “us versus them” constructs and excuses in order to build stronger performing teams where everyone wins and benefits, not the least of which is the…
Discover how this leader-focused approach to understanding, managing, and maximizing organizational diversity and inclusion can increase employee retention and productivity.
Workplace misunderstandings lead to lost revenue, lost time, and increased legal risk, thus your success in the marketplace will depend on our ability to collaborate across difference. Yet, inevitably, Us versus Them gaps disrupt workplace efficiency.
In The Business of WE, cross-cultural consultant and diversity expert Laura Kriska will:
Provide a practical roadmap for creating trust with others who are culturally different from yourself
Help you create a WE mindset throughout your organization, bringing teams together into cohesive units.
Walk…
We first met about 10 years ago at Sheffield Hallam University, bonding as work colleagues over a love of enabling students to understand wealth management and finance in a way that we hoped they would find interesting and accessible. The books we chose mix our love of storytelling and making finance accessible by using real-world experiences. They do this in a unique way, challenging the reader to think about their understanding and perspective, something we try to do every day. It has been lovely to reread these books before writing the reviews, reminding us of what makes us tick. We hope they help you to find your tick too.
This compendium of authors writing around their specific expertise is a compelling read. However, I chose it specifically for one chapter, the chapter on "Communication Apprehension and Accounting Education."
Two of the authors of this chapter were my professors when I was at university and their novel approach to education and assessment, which was years before its time, laid the foundations for skills and behaviors I have used in both my commercial and academic life. Increasingly I see students and professionals who are not as successful in their career due to a lack of communication skills.
For me, this book provides a practical and thought-provoking approach for those looking to understand a fundamental component of the financial world in the 21st century.
One of the prime purposes of accounting is to communicate and yet, to date, this fundamental aspect of the discipline has received relatively little attention. The Routledge Companion to Accounting Communication represents the first collection of contributions to focus on the power of communication in accounting.
The chapters have a shared aim of addressing the misconception that accounting is a purely technical, number-based discipline by highlighting the use of narrative, visual and technological methods to communicate accounting information. The contents comprise a mixture of reflective overview, stinging critique, technological exposition, clinical analysis and practical advice on topical areas of interest…
