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Strategic information revelation and capital allocation (英语)

摘要

It is commonly believed that stock prices help firms' managers make more efficient real investment decisions, because they aggregate information about fundamentals that is not otherwise known to managers. This paper identifies a limitation to this view... 更多显示

详细

  • Pedraza Morales, Alvaro;
  • 2014/07/01
  • 政策研究工作报告
  • WPS6995
  • 1
  • 1
  • 世界
  • 世界各地区
  • 2014/07/01
  • Disclosed
  • Strategic information revelation and capital allocation
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