Operational decisions of public firms and feedback mechanism from stock market

Xiaohong Huang, Yue Xu and Jian Ni

Economics Letters, 2024, vol. 238, issue C

Abstract: We investigate the operational strategy of a public firm under feedback effect. We find that the manager who learns useful information from stock market will expand firm production in average. But the average selling price can remain unchanged, leading to the improved firm profitability due to managerial learning.

Keywords: Decision making; Operations Management; Learning; Feedback mechanism (search for similar items in EconPapers)
JEL-codes: D21 D83 G14 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176524001794
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:238:y:2024:i:c:s0165176524001794

DOI: 10.1016/j.econlet.2024.111696

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().