Should stockholder wealth maximization be thought of as a long-term or a short-term goal for example,
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Should stockholder wealth maximization be thought of as a long-term or a short-term goal
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for example, if one action would probably increase the firm's stock price from a current level of $20 to $25 in 6 months and then to $30 in 5 years but another action would probably keep the stock at $20 for several years but then increase it to $40 in 5 years, which action would be better? Can you think of some specific corporate actions that might have these general tendencies?
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Fundamentals Of Financial Management Concise
ISBN: 9780324258721
4th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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