Capital Budgeting For EPS Maximizers
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https://www.nber.org/papers/w34061
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To increase a companys earnings, a project must generate enough income next year to pay for its own financing. Hence, a manager who wants to maximize her EPS (earnings per share) should only invest in accretive projects that have income yields above the firms cheapest financing option. This is the
提供机构:
美国国家经济研究局
创建时间:
2025-07-01



