Unformatted text preview: manager should focus on the things that will keep the business profitable. If the earnings are there, the stock price will reflect that, both now and in the future. That being said, I don't think most managers adhere to this philosophy. Many of them seem to be short-sighted and make knee jerk reactions that satisfy the needs of the company's near future....
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- Spring '12
- Finance, Current Stock Value, short-term profits