Question
If accounting-based performance measures, such as net income or core earnings, are to be significant components of manger compensation plans, they need to be sensitive
If accounting-based performance measures, such as net income or core earnings, are to be significant components of manger compensation plans, they need to be sensitive and precise measures of manager performance.
b. It is argued that share price is more sensitive performance measure than net income, explain this argument.
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Application Of Quantitative Techniques For The Prediction Of Bank Acquisition Targets
Authors: Pasiouras Fotios
1st Edition
9812565183, 9789812565181
