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Earnings and Firm Value in the Presence of Real Options
The Accounting Review ( IF 5.182 ) Pub Date : 2020-01-29 , DOI: 10.2308/tar-2017-0019
Moritz Hiemann 1
Affiliation  

To explain the empirically documented non-linear, non-monotonic relationship between earnings and firm value, it suffices to assume that firms continually take profit-maximizing decisions in respon...

中文翻译:

存在实物期权时的收益和公司价值

为了解释经验证明的收益与公司价值之间的非线性,非单调关系,只需假设公司不断做出最大利润的决策来响应...
更新日期:2020-01-29
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