Pacheco Paredes, Angel Arturo; Wheatley, Clark - In: Journal of Financial Economic Policy 9 (2017) 3, pp. 268-283
impact on future performance. Not all studies have, however, found a negative impact of REM on future performance. As a … restructurings and expectations of future sales growth, on future performance. Findings The authors find that when they control for … future performance – that is, some of what has been identified as REM in prior studies may, in fact, be “just business”. …