Description
Excerpt from Shareholder Value Maximization and Product Market Competition
Instead, managers learn along with the market about their types. Nevertheless, managerstry to manipulate the market's assessments through unobservable actions. Similarly, in our model, firms are not privately informed about their inherent profitability, but try to in?uence the market's assessments through their unobservable product-market strategies.
Instead, managers learn along with the market about their types. Nevertheless, managerstry to manipulate the market's assessments through unobservable actions. Similarly, in our model, firms are not privately informed about their inherent profitability, but try to in?uence the market's assessments through their unobservable product-market strategies.
Détails du livre
Format
Broché
Pages
55 pages
Langue
Anglais
Publié
août 24, 2018
Éditeur
Forgotten Books
Éditions
2 éditions
ISBN-10
1330500512
ISBN-13
9781330500514