基于税收利益与破产成本的企业投融资决策互动关系研究
彭程， 杨红， 黄荣 - 中国管理科学, 2011 - zgglkx.com
本文以实物期权方法为工具, 从税收利益与破产成本视角分析了企业投融资决策的互动关系.
通过分析发现, 企业最优投融资决策会因为税收利益和破产成本而产生一种相互作用的关系 …
通过分析发现, 企业最优投融资决策会因为税收利益和破产成本而产生一种相互作用的关系 …
Debt overhang, costly expandability and reversibility, and optimal financial structure
JB Jou, T Lee - Journal of Business Finance & Accounting, 2004 - Wiley Online Library
This article compares the investment and financing decisions of a firm that adopts a 'first‐
best'strategy with those of a firm that adopts a 'second‐best'strategy. The former issues …
best'strategy with those of a firm that adopts a 'second‐best'strategy. The former issues …
Investment timing and predatory behavior in a duopoly with endogenous exit
C Bayer - Journal of Economic Dynamics and Control, 2007 - Elsevier
This paper investigates the interplay of investment irreversibility and endogenous exit in a
duopoly with aggregate demand uncertainty. Endogenous exit and investment irreversibility …
duopoly with aggregate demand uncertainty. Endogenous exit and investment irreversibility …
The design of first-price debt auction when the winning bidder can install capacity that can be expanded or contracted later
JB Jou - The European Journal of Finance, 2023 - Taylor & Francis
This paper investigates how a seller designs the down payment rate and a bidder's strategy
in equilibrium in a first-price debt auction in which the winning bidder can exercise an …
in equilibrium in a first-price debt auction in which the winning bidder can exercise an …
Investimenti irreversibili, interazione strategica e opzioni reali: analisi teorica ed applicazioni
G Marseguerra, F Cortelezzi - Economia politica, 2006 - rivisteweb.it
Sin dalla Teoria generale (1936) di Keynes, le decisioni di investimento delle imprese
hanno avuto un ruolo assolutamente centrale nell'analisi del funzionamento delle economie …
hanno avuto un ruolo assolutamente centrale nell'analisi del funzionamento delle economie …
The effects of risky debt on investment under uncertainty
SD You - Asia‐Pacific Journal of Financial Studies, 2013 - Wiley Online Library
This paper investigates investment and disinvestment decisions when an investor finances
debt to fund the lump‐sum cost at the time of investment. The study examines investment …
debt to fund the lump‐sum cost at the time of investment. The study examines investment …
[PDF][PDF] The other side of limited liability: predatory behavior and investment timing
C Bayer - 2004 - econwpa.ub.uni-muenchen.de
This paper investigates the interplay of investment irreversibility, predatory behavior, and
limited liability in a duopoly with aggregate demand uncertainty. We find that limited liability …
limited liability in a duopoly with aggregate demand uncertainty. We find that limited liability …