Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 7, Problem 11CTCR
Summary Introduction

To discuss: On a statement that the managers will not focus on current stock value which leads to overemphasize on short-term profits through expenses of long-term profits.

Introduction:

Stock is a type of security in a company which denotes ownership. On issuing stocks, the company can raise capital.

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Essentials of Corporate Finance

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