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decision theory to more fully explain both why the conventional law focuses on minimizing the risk of false-positive outcomes … and why the modern law should be crafted to minimize total probate-error risk. Decision theory suggests that, to identify …
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Managers think that retaining resources is more effective than rebuilding resources after exhausting them. However, financing constraints have brought great uncertainty to this resource decision-making implemented by managers. Data of manufacturing listed firms in China from 2009 to 2017 are...
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, Pratt and Grabowski deftly review and explore the theory of what drives the cost of capital, the models currently in use to …
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Financial accounting affords considerable discretion to firms in aggregating internal information for external … studying whether withholding disaggregated cost information affects productivity. We hypothesize that, by withholding, a firm … between firms about their cost structures. Overall, our findings indicate disaggregated cost information is valuable to firms …
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