Centro de Documentacion de Fundación MAPFRE - What really drives the market?

MAP20071507477

What really drives the market? / Marc H. Goedhart, Timothy M. Koller and David Wessels

How stocks are valued is critically important to corporate managers. If the promise of future cash flow is what attracts investors, then it makes sense for managers to pursue strategic moves that generate the most cash. And it follows that a manager will evaluate different investment options by comparing their discounted cash flows

En: Sloan management review. - Boulder. - Vol. 47, nº 1, Fall 2005 ; p. 21-23

1. Gestión financiera . 2. Valor capital . 3. Cash-flow . 4. Economía de empresa . 5. Análisis financiero . I. Koller, Timothy M. . II. Wessels, David . III. Título. IV. Título: Sloan management review.