They would find it impossible to focus on a long term view of their business prospects, Large capital investments are risky as is new technology because If they fail the value of those corporate. assests will depreciate. So they would not inclined to take risks. But if
instead they concentrated on realizing as much as possible, the current value of their assests as reflected in the price of their stock.
2006-10-18
04:13:09
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3 answers
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asked by
pussycat_62nd_tc
2
in
Business & Finance
➔ Other - Business & Finance