Presidential Address: Corporate Finance and Reality

ABSTRACT This paper uses surveys to document CFO perspectives on corporate planning, investment, capital structure, payout, and shareholder versus stakeholder focus. Comparing policy decisions today to those 20 years ago, I find that companies employ decision rules that are conservative, sticky, and...

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Bibliographische Detailangaben

Veröffentlicht in:	The Journal of finance (New York) 2022-08, Vol.77 (4), p.1975-2049
1. Verfasser:	GRAHAM, JOHN R.
Format:	Artikel
Sprache:	eng
Schlagworte:	Academic disciplines Capital Capital structure Chief financial officers Corporate finance Decision making Finanzmanager Prognoseverfahren Stakeholders Zukunftsforschung
Online-Zugang:	Volltext
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