Join IDNLearn.com to access a wealth of knowledge and get your questions answered by experts. Discover detailed answers to your questions with our extensive database of expert knowledge.
One major limitation of using shareholder value appreciation as a measure for assessing competitive advantage is that stock prices often times reflect the irrational and psychological mood and behaviors of investors. Alan greenspan, former head of the federal reserve referred to this as:___. A. The efficient-market hypothesis. B. Economic value creation. C. The tragedy of the commons. D. Irrational exuberance.
Sagot :
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.