While the core principle in corporate finance (and perhaps finance in general) indicates to us...
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Finance
While the core principle in corporate finance (and perhaps finance in general) indicates to us how we should focus on firms cash flows, a good proportion of managers across the globe (if not majority) still tend to focus on earnings management to a rather large extent. Which of the company valuation methods provides an explanation on such practice?
Select one:
a. Constant Growth Model method
b. Market to Book Ratio method
c. Income Statement method
d. Balance Sheet method
e. Discount Cash Flows method
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