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The present SUERF Study includes a selection of papers based on the authors’ contributions to the Helsinki conference, jointly organized by SUERF,and Bank of Finland on 3 July,2015.
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Historically, nonfinancial corporations relied on performance targets linked to their EPS. Up until the 1970s, banks also appeared to follow a similar practice, but since then they have favored ROE. Equity investors seem to be aware of these differences because EPS growth is better at explaining...
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