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Contributor Biographies

Jon Tucker

Director, Bristol Business School, UK
Jon TuckerJon Tucker

Jon Tucker is professor of finance at the Bristol Business School of the University of the West of England and is director of the Centre for Global Finance there. He holds a PhD in European corporate finance (1995) and a BSc in applied economics (1991), both from the University of Plymouth. He has published frequently in leading finance journals and is associate editor of the Journal of Finance and Management in Public Services. He is a former chief examiner in investment analysis for the Securities and Investment Institute, a Member of CISI (MCSI), and visiting professor at Universitatea Babes-Bolyai, in Romania.

Articles by this Author

  • How to Set the Hurdle Rate for Capital Investments
    by Jon Tucker
    Chief financial officers are charged with the task of maximizing shareholder wealth. They do this by pursuing two key goals: Maximizing the stream of future cash flows, and minimizing the company’s cost of capital. Cognizant of the separation theorem, we tend to separate one goal from the other. However, both are of strategic importance—a healthy stream of cash flows can actually destroy value (and hence reduce shareholder wealth) if the company...

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