Narrow search
Showing 1 - 10 of 244,720
Cover Image
Impact of macroeconomic policy uncertainty on opportunistic insider trading
Cai, Chun; Bao, Ruixue; Wang, Peng; Yang, Huiyan - In: China journal of accounting research : CJAR 15 (2022) 4, pp. 1-21
The macroeconomic policy environment affects the internal governance of microenterprises, which may provide opportunities for management to benefit from stock sales while decreasing its motivation to manipulate stock transactions. Using a sample of Chinese A-share listed companies from 2007 to...
Persistent link: https://www.econbiz.de/10013541711
Cover Image
Derivative disclosures and managerial opportunism
He, Guanming; Ren, Helen Mengbing - In: The journal of futures markets 44 (2024) 3, pp. 384-419
Persistent link: https://www.econbiz.de/10014475490
Cover Image
Mining and Quasi-Option Value
Costello, Christopher - 2015
We study the timing-of-extraction problem facing a decentralized mine owner when extraction entails environmental damage. As expected, when the environmental damage from mining is known, the socially optimal timing will depend on the magnitude of the damage relative to these costs in the rest of...
Persistent link: https://www.econbiz.de/10012457342
Cover Image
Mining and Quasi-Option Value
Costello, Christopher J. - 2015
We study the timing-of-extraction problem facing a decentralized mine owner when extraction entails environmental damage. As expected, when the environmental damage from mining is known, the socially optimal timing will depend on the magnitude of the damage relative to these costs in the rest of...
Persistent link: https://www.econbiz.de/10013019516
Cover Image
Market Value, Time, and Risk
Treynor, Jack L. - 2015
Persistent link: https://www.econbiz.de/10013023547
Cover Image
Valuation of travel time and travelIer information
Rietveld, Piet - 2003
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
Persistent link: https://www.econbiz.de/10011333900
Cover Image
How Long to Eat a Cake of Unknown Size? Optimal Time Horizon Under Uncertainty
Kumar, Ramesh C. - 2002
This paper is concerned with the determination of the optimal time horizon for the cake-eating problem under uncertainty. It is shown that if the uncertain exhaustible resource stock is a discrete random variable admitting at most a finite number of values, the optimal planning horizon is...
Persistent link: https://www.econbiz.de/10014105107
Cover Image
Risk, delegation, and project scope
Roider, Andreas (contributor) - 2007
exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …
Persistent link: https://www.econbiz.de/10003566282
Cover Image
Macro, money and finance : a continuous time approach
Brunnermeier, Markus Konrad; Sannikov, Yuliy - 2016
Persistent link: https://www.econbiz.de/10011514720
Cover Image
Asset allocation for pension provision
Lahusen, Reinhard - 2002
Persistent link: https://www.econbiz.de/10001694373