« previous next »

Author Question: What are the implications of the efficient markets hypothesis for corporate managers regarding ... (Read 104 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
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
Buy Test-Bank


enass

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jul 9, 2019
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

nramada

  • Hero Member
  • *****
  • Posts: 580
Reply #2 on: Jul 9, 2019
Thanks


enass

  • Sr. Member
  • ****
  • Posts: 380
Reply #3 on: Jul 9, 2019
Welcome :)


« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

A hypothesis that suggests an explanation of the function of the gene that is defective in patients A hypothesis that suggests an explanation of the function of the gene that is defective in patients
The trophic cascade hypothesis. The trophic cascade hypothesis.
In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
The wobble hypothesis The wobble hypothesis
Morgan’s crossing-over hypothesis Morgan’s crossing-over hypothesis
Introduction to Corporate Finance, 5th Introduction to Corporate Finance, 5th
Video: How proteins function? How do proteins work?

For a complete list of videos, visit our video library