[Solved] Please read the Graham et al. and discuss

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Please read the Graham et al. and discuss why and how management forecast can destroy firm value. Why are managers willing to give up the

Please read the Graham et al. and discuss why and how management forecast can destroy firm value.

Why are managers willing to give up the options that increase firm value?

https://www.cfapubs.org/doi/pdf/10.2469/faj.v62.n6.4351

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