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Author Question: What are the implications of the efficient markets hypothesis for corporate managers regarding ... (Read 95 times)

nramada

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on: Jul 9, 2019
What are the implications of the efficient markets hypothesis for corporate managers regarding accounting earnings?
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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enass

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Reply #1 on: Jul 9, 2019
Managers should not focus on accounting earnings but instead focus on maximizing cash flows.


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nramada

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Reply #2 on: Jul 9, 2019
Thanks


enass

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Reply #3 on: Jul 9, 2019
Welcome :)


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