There is evidence that investors do not fully recognize the valuation effects of severe pension underfunding. (See,
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There is evidence that investors do not fully recognize the valuation effects of severe pension underfunding. (See, for example, Franzoni and Marin [2006]). Why do you suppose this is the case? What changes could be made to mitigate this problem?
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Accounting Theory Conceptual Issues In A Political And Economic Environment
ISBN: 9781412953450
7th Edition
Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
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