Beskrivning
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.
Bokdetaljer
Format
Pocketbok
Sidor
55 sidor
Språk
Engelska
Publicerad
aug 24, 2018
Förlag
Forgotten Books
Upplagor
2 utgåvor
ISBN-10
1330500512
ISBN-13
9781330500514