SEARCHING PROXIES OF INVESTMENT OPPORTUNITY SETS AND IDENTIFYING INFORMATION CONTENT
The concept of the investment opportunity set (IOS), which was first noted by Myers (1977), plays an important role in the capital market because it implies future growth, which is relevant in predicting the shareholder's expected wealth. Unfortunately, IOS cannot be observed directly. Because...
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| Format: | Article |
| Language: | English |
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Petra Christian University
2002-01-01
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| Series: | Jurnal Manajemen dan Wirausaha |
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| Online Access: | http://puslit2.petra.ac.id/ejournal/index.php/man/article/view/15620 |