Modeling Managers As EPS Maximizers
收藏NBER2023-04-01 更新2025-01-04 收录
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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
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美国国家经济研究局创建时间：
2023-04-01
