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Volume 9, Issue 3-4
1 March 1983
Managerial Finance Cover Image for Volume 9, Issue 3-4
Review Article| March 01 1983

Can we use State Preference Theory?

Publisher: Emerald Publishing
Online ISSN: 1758-7743
Print ISSN: 0307-4358
© MCB UP Limited
1983
Managerial Finance (1983) 9 (3-4): 52–57.
https://doi.org/10.1108/eb013530

One of the most important recent developments in company finance has been that of state preference theory, although the basics of the theory are not new. In how many finance textbooks do we read the following?

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© MCB UP Limited
1983
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