Beschrijving
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.
Boekdetails
Formaat
Paperback
Pagina's
55 pagina's
Taal
Engels
Gepubliceerd
aug. 24, 2018
Uitgever
Forgotten Books
Edities
2 edities
ISBN-10
1330500512
ISBN-13
9781330500514