We devoted considerable space in this chapter to the problems encountered in the financial management of conglomerates.
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We devoted considerable space in this chapter to the problems encountered in the financial management of conglomerates. Could these problems be cured by basing performance measurement and compensation on residual income or EVA?
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The major problem with financial management of a conglomerate is that the division is not forced to ...View the full answer
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Related Book For 
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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