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Do Investors Forecast Fat Firms? Evidence from the Gold Mining Industry

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NBER1999-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7075
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资源简介:
Conventional economic theory assumes that firms always minimize costs given the output they produce. News articles and interviews with executives, however, indicate that firms from time to time engage in cost-cutting exercises. One popular belief is that firms cut costs when they are in economic
提供机构:
美国国家经济研究局
创建时间:
1999-04-01
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