Background
Kensinger, John William was born on December 8, 1947 in Columbus, Ohio, United States. Son of William George and Sarah Louise Kensinger.
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book
Innovations in Dequity Financing
( During the 1980s, and particularly since the market cra...)
During the 1980s, and particularly since the market crash of 1987, corporations and entrepreneurs have been seeking new ways to finance the establishment and growth of new businesses. One of the outcomes of these efforts has been the hybrid security, generically called dequity because it is neither a bond nor a stock. In this work, Andrew Chen and John Kensinger examine the various forms of dequity, describing its characteristics, how it evolved, how it's being used, and what the future may hold for it. In looking at the many financial innovations that blended the traits of debt and equity, Chen and Kensinger find three revolutionary changes that took place in the '80s: the use of debt to increase equity ownership by employees; the transfer of control over corporate resources from managers to lenders; and the shift from owning assets indirectly through corporate stock toward direct ownership of production assets by investors. They fully explore the increased specialization of roles that has resulted in employee control of companies, as well as detailing such practical issues as the tax advantage of leveraged ESOP, the value of organizational capital, innovative methods for reducing the cost of going public, and the benefits of R&D limited partnerships. This is the first book to fully analyze the development of dequity, and will be an important reference source for a variety of individuals, including investment bankers, corporate financial executives, institutional investors, and students of finance and banking.
http://www.amazon.com/gp/product/0899304788/?tag=2022091-20
John William Kensinger
Edit ProfileEducation
Bachelor, Miami University, Oxford, Ohio, 1968; Master of Business Administration, U. Utah, 1974; Doctor of Philosophy, Ohio State University, 1983; postgraduate studies, Epicopal Theological Seminary, Austin, Texas, 1982-1984.
Career
Graduate teaching associate, Ohio State University, Columbus, 1975-1978; assistant professor, Southern Methodist U., Dallas, 1978-1982; lecturer, University Texas, Austin, 1983-1984; assistant professor, University Texas, Austin, 1985-1991; associate professor, U. N. Texas, Denton, 1991-1994; professor, U. N. Texas, Denton, since 1994. Reviewer Journal Finance Superior vena cava syndrome Research, Journal of Financial and Quantitative Analysis, Finance Management, International Review of Economics and Finance, Journal Finance Research,1986-.
Achievements
Works
book
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Innovations in Dequity Financing
( During the 1980s, and particularly since the market cra...)
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Innovations in Dequity Financing
Membership
Honorary director Center for Investment Research Captain United States Air Force, 1969-1975. Member American Finance Association, Finance Management Association (organizer, chairman special session 1985, selection committee 1988, presenter tutorial, panel discussion 1989,program committee for annual meeting, 1991-1998), Western Finance Association, Southern Finance Association, Southwestern Finance Association.
Interests
Connections
Married Mary Elizabeth Philipson, June 28, 1969. Children: Katherine, William, Anne.
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Born
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Nationality
American -
Religion
Episcopalian -
Political Party
Republican
Awards
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Grantee: College of Business Summer Research grants, 1985, 86, 88, Academy Development grant, 1989. University Texas Project Quest grant for instructional software, 1987, 90, for instructional development, 1992.Grantee: College of Business Summer Research grants, 1985, 86, 88, Academy Development grant, 1989. University Texas Project Quest grant for instructional software, 1987, 90, for instructional development, 1992.