1) Social norms are broadly defined as the informal rules that govern behavior in groups and societies....
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1) Social norms are broadly defined as the informal rules that govern behavior in groups and societies. Is it possible that dividends are paid and valued because the are a 'social norm'? Explain using concepts and theories taught in this course.
2) Explain why managerial overconfidence and optimism both lead to over-investment in a capital budgeting context.
3) What warnings would you give to someone who is about to invest in an IPO? What steps would you take before investing in an IPO?
Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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