Showing 1 - 10 of 93
The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...
Persistent link: https://www.econbiz.de/10005258060
and disadvantages. Further results and benefits of application of Monte Carlo simulation in risk analysis of investment …
Persistent link: https://www.econbiz.de/10008545888
Persistent link: https://www.econbiz.de/10000942905
The theory of endogenous money supply forms one of the cornerstones of Post Keynesian economics. It has been developing rapidly during the last twenty years, but is still neglected as a theoretical background for practical central bank policy. This may be (among other reasons) due to the...
Persistent link: https://www.econbiz.de/10010322224
The theory of endogenous money supply forms one of the cornerstones of Post Keynesian economics. It has been developing rapidly during the last twenty years, but is still neglected as a theoretical background for practical central bank policy. This may be (among other reasons) due to the...
Persistent link: https://www.econbiz.de/10003958716
The theory of endogenous money supply forms one of the cornerstones of Post Keynesian economics. It has been developing rapidly during the last twenty years, but is still neglected as a theoretical background for practical central bank policy. This may be (among other reasons) due to the...
Persistent link: https://www.econbiz.de/10008457136
This paper presents the basics of the Transaction cost theory (TCT) and shows it's contribution to the Theory of the firm by the view of the new institutional economics. In the first part, author presents resources and presumptions of the TCT mainly by O. E. Williamson. The theory is based on...
Persistent link: https://www.econbiz.de/10009401149
of production process, i.e. investment abroad, mainly realised by setting-up a new production facility in a foreign … country, usually in the form of the foreign direct investment (FDI). Some of these influences are also connected with new …
Persistent link: https://www.econbiz.de/10005049540
Enviable strategic objective of Czech business sphere is to increase competitiveness. There is a long term task which major objective is to participate in this problematic. Its first part, empiric research and descriptive analysis of competitiveness of Czech organizations, are discussed in this...
Persistent link: https://www.econbiz.de/10005049545
Investment expenditure relates to an evident optimization problem: to create an optimal capital stock which is a … function of expected profits. According to the Tobin´s Q - theory, investment depends on the ratio Q of the market value of … business capital assets to their replacement value. A firm´s investment should rise with its Q. In practice, however, Q is not …
Persistent link: https://www.econbiz.de/10005036684