Fisher separation theorem
id:
fisher-separation-theorem-191-7632657
title:
Fisher separation theorem
text:
In economics, the Fisher separation theorem asserts that the primary objective of a corporation will be the maximization of its present value, regardless of the preferences of its shareholders. The theorem therefore separates management's "productive opportunities" from the entrepreneur's "market opportunities". It was proposed by—and is named after—the economist Irving Fisher. The theorem has its "clearest and most famous exposition" in the Theory of Interest (1930); particularly in the "second
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Fisher_separation_theorem
date created:
date modified:
2022-06-05T08:14:26Z
main entity:
{"identifier":"Q488541","url":"https://www.wikidata.org/entity/Q488541"}
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fields total:
13
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13