Who We Are

The Editors

Don Chew is the founding editor and Editor-in-Chief of the Journal of Applied Corporate Finance (JACF), a publication he started almost 30 years ago. The JACF is a quarterly publication that communicates the practical import of the best current research in corporate finance, conducted mainly at leading universities. It provides a forum for the exchange of ideas between finance academics and industry practitioners, the target audience, with the aim of increasing corporate managers’ understanding of financial markets. The JACF was acquired by Morgan Stanley in 2004, where Don worked until 2013.

Before joining Morgan Stanley, Don was one of the founding partners of Stern Stewart and Co., a New York-based corporate finance advisory firm started in 1982 that is best known for popularizing a measure of corporate performance called EVA. He has published over ten books on corporate finance, including The New Corporate Finance–Where Theory Meets Practice and (with Joel Stern) The Revolution in Corporate Finance, which are both widely used in business schools throughout the United States and Europe. Don has both a Ph.D. in English and an MBA in finance from the University of Rochester.

John McCormack has been Associate Editor of the Journal of Applied Corporate Finance since 2010. Prior to that, he was on the GVAT (Global Valuation, Accounting, and Taxation) team in Morgan Stanley’s Equity Research Department and before that he spent eight years at Stern Stewart & Company where he headed the Energy & Resources corporate finance practice. Those responsibilities included work with oil companies, electric utilities, and mining companies across North America, Europe, Latin America, Southeast Asia, Australia, and New Zealand.  Those experiences also formed the basis for several articles he contributed to the JACF.

John’s experience with the energy industries began as an energy and metals derivatives trader at O’Connor & Associates, a proprietary trading firm that was eventually acquired by UBS. He has taught several courses on financial risk management and corporate governance at NYU as an adjunct faculty member and has been a guest lecturer at several other US business schools and He holds a BA from the University of Pennsylvania and an MBA from Harvard.