Showing 1 - 10 of 54
Persistent link: https://www.econbiz.de/10001224960
Persistent link: https://www.econbiz.de/10001206835
Persistent link: https://www.econbiz.de/10001184639
Persistent link: https://www.econbiz.de/10007076095
The purpose of this paper is to study capital budgeting in a setting where emphasis is on control over project selection. We construct a model of a multidivisional firm in which there are no constraints on investment and all projects have a positive net present value. Nevertheless, we show that...
Persistent link: https://www.econbiz.de/10005743048
Persistent link: https://www.econbiz.de/10003859948
Persistent link: https://www.econbiz.de/10003704493
Persistent link: https://www.econbiz.de/10003379687
Persistent link: https://www.econbiz.de/10003394466
Persistent link: https://www.econbiz.de/10010354258