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Dec 05 2009

How Investors Are Rewarding Management Decisions: A Global Perspective

  • Dec 5, 2009

There are four key decisions a company’s management has to make: Dividend Policy, External Financing, Capital Expenditure (Capex), and Research & Development (R&D).  We studied how the market rewards each of these management decisions.


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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager