Author Question: What are the implications of the efficient markets hypothesis for corporate managers regarding ... (Read 37 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
What are the implications of the efficient markets hypothesis for corporate managers regarding accounting earnings?


enass

  • Sr. Member
  • ****
  • Posts: 380
Managers should not focus on accounting earnings but instead focus on maximizing cash flows.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

For a complete list of videos, visit our video library