Guidance is Good, Overpriced Shares a Disaster
Harvard Business Review
JANUARY 24, 2012
Baruch Lev: Investors' resentment, after the worst stock market decade in recent history, numerous accounting scandals and managerial pay abuses, is at all-time high and is very damaging. In the final analysis, managers can't shun corporate owners. Your book argues that they're wrong. Why's that? From the government? Ask Solyndra.
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