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international real estate investments in a risk management framework. Both risk management and the real estate investment principles … viewpoint of potential investment by an individual or corporation and excludes consideration of utilising international real …
Persistent link: https://www.econbiz.de/10008755205
investment and contrasts hedging strategies involving financial versus operational means. … incorporate multiple decision makers, multiple capacity types, hedging, and risk aversion. Capacity is a measure of processing … abilities and limitations and is represented as a vector of stocks of various processing resources, while investment is the …
Persistent link: https://www.econbiz.de/10009218546
policies for effects of hedging against underinvestment under conditions of financial constraint. The results indicate the … absence of a hedging component when simultaneously using cash and debt policies in constrained firms. For firms with financial … need for hedging. The unconstrained firms did not present statistically significant sensitivity of cash to cash flow, but …
Persistent link: https://www.econbiz.de/10010843533
In this paper, we examine the interaction among the investment, production and hedging decisions. In so doing, we …
Persistent link: https://www.econbiz.de/10010608275
hand, it helps in cutting down costs which are incurred by the ports in the form of investment in the inputs. On the other … effective technique in several other sectors as well, such as mutual funds (hedging), transportation, banking, etc. …
Persistent link: https://www.econbiz.de/10010669405
stock market pushing prices up hence huge profits. The real factors that affect share investment and the stock market in …
Persistent link: https://www.econbiz.de/10008470137
This work compares two models of corporate hedging, to show how optimal investment, debt, and hedging strategy can be … strongly depen-dent on the mechanism linking the firm's internal funds to its return on investment. Approximated analytical … solutions for hedging are ob-tained to shed light on the di .erent empirical implications associated with the two mechanisms …
Persistent link: https://www.econbiz.de/10005007304
-variance (mean-standard deviation) approach to examine a banking firm investing in risky assets and hedging opportunities. The mean …-standard deviation framework can be used because our hedging model satisfies a scale and location condition. The focus of this study is … on how interest rate risk affects optimal bank investment in the loan and deposit market when derivatives are available …
Persistent link: https://www.econbiz.de/10011112037
decisions of publicly-traded firms, we find that smaller firms, firms with more investment opportunities, and firms that face a … this application an important contribution to understanding firms’ hedging decisions. Additionally, we reveal new and … important determinants of the hedging decision relative to regulatory regimes. We also show that hedging health risk mitigates …
Persistent link: https://www.econbiz.de/10011167237
Why do asset price bubbles continue to appear in various markets? This paper provides an overview of recent literature on bubbles, with significant attention given to behavioral models and rational models with frictions. Unlike the standard rational models, the new literature is able to model...
Persistent link: https://www.econbiz.de/10011242201