Keywords: E22
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Journal Articles
Journal of Capital Markets Studies (2026) 10 (1): 6–25.
Published: 24 March 2026
... asymmetry G30 G32 D25 E22 It is commonly known that the primary objective and responsibility of financial management is to increase the value of the firm and the wealth of shareholders. Among several methods of firm valuation, free cash flows expected in the future play a role as the base...

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