Question
Short Answer Is it reasonable to conclude from reading the article below that firms would achieve higher TSR by making acquisitions or stockpiling cash? Why
Short Answer
Is it reasonable to conclude from reading the article below that firms would achieve higher TSR by making acquisitions or stockpiling cash? Why or why not? What additional information would you need to properly assess the impact on shareholder wealth of the various capital deployment choices described in the article below?
Article: The Envelope, Please: The 2012 Capital-Deployment Awards by Gregory V. Milano
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
