Modeling Managers As EPS Maximizers
收藏NBER2023-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31125
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资源简介：
Textbook theory assumes that firm managers maximize the net present value of future cash flows. But when you ask them, the people running large public corporations say that they are maximizing something else entirely: earnings per share (EPS). Perhaps this is a mistake. No matter. We take managers
提供机构：
美国国家经济研究局
创建时间：
2023-04-01
