Question
One of the main goals in the capital markets is the effective capital allocation. Please discuss the following items. 1. Information asymmetry can destroy the
One of the main goals in the capital markets is the effective capital allocation. Please discuss the following items.
1. Information asymmetry can destroy the capital market. How?
2. What roles can you play to help the effective capital allocations in the market as accounting professionals?. You should use the article of the market for lemon to discuss this issue.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
