investment. The model shows that increasing uncertainty will reduce the time horizon as well as investment. Moreover, the …

time value of money in economic analysis of investment is represented in our article. The recommended phased method of … allowing for the time factor is distinguished by: • reducing investment projects’ (IP) cash flow to two evaluation aspects …: investments by investment stage completion and cash flow by maintenance completion; • allowing for investment stage fund freezing …

Methodologically, the recommended investment project (IP) selection system is distinguished from one in force by: new … conception allowing for time factor; evaluating IP efficiency by eventual reproduction results, not by intermediate investment … the investment success criterion. …

effect. It affects cash flows from corporate investment, bears influence on capital budgeting choices on investment timing … investment, our model shows that consumption taxation delays investment and precipitates default. Furthermore, we find that the …

We investigate the impact of debt on a panel of U.S. manufacturing firms' capital investment behavior as the underlying … investment may be stimulating or mitigating depending on the effects of uncertainty. …

We explore the significance of employee compensation and alternative (reservation) income on investment timing … deviations from value-maximizing investment policy, we document a U-shaped relationship between agency costs of debt and the …

In a growing economy the cash flows from investment projects can be expected to be rising over time. In this paper we … derive simple replacements for the usual neoclassical optimal investment rules based on IRR or NPV. We show that the ability … to vary capital intensity raises the specter of perverse responses of investment to interest rates. Variable capital …

.S. companies in the manufacturing sector. Specifically, this paper looks are the relationship between the firm's investment to … investment consistent with real options behavior. Increased firm-specific uncertainty is also found to depress firm investment … to various specifications that control for the firm's investment opportunities that are captured by Tobin's q, cash flow …