| Tekijä: | Cooper, N. Petry, G. |
| Otsikko: | Corporate performance and adherence to shareholder wealth-maximizing principles |
| Lehti: | Financial Management
1994 : SPRING, VOL. 23:1, p. 71-76 |
| Asiasana: | SHAREHOLDERS WEALTH COMPANIES |
| Kieli: | eng |
| Tiivistelmä: | Positive finance focuses upon the observed actions of firms while normative finance prescribes firm actions in an ideal world. To analyze some of the correlations between normative and positive finance, the authors compile self-reported financial policies of a sample of Business week 1, 000 firms for comparison with five years of financial performance data. Indices of a firm's relative use of shreholder wealth maximizing (SWM) and sophisticated techniques are then constructed. |
SCIMA