What really drives the market?

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<title>What really drives the market?</title>
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<title>Sloan management review</title>
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<namePart>Goedhart, Marc H.</namePart>
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<namePart>Koller, Timothy M.</namePart>
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<namePart>Wessels, David</namePart>
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<dateIssued encoding="marc">2005</dateIssued>
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<abstract>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</abstract>
<note type="statement of responsibility">Marc H. Goedhart, Timothy M. Koller and David Wessels</note>
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<topic>Gestión financiera</topic>
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<topic>Valor capital</topic>
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<topic>Cash-flow</topic>
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<topic>Economía de empresa</topic>
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<topic>Análisis financiero</topic>
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<text>Vol. 47, nº 1, Fall 2005 ; p. 21-23</text>
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