Sporleder, Thomas; Moss, Leeann E. - 2004
particular, are a set of both assets in place and growth opportunities. This has important implications for managerial decision …-making. Knowledge capital motivates exploitation of growth options, which affects firm cash flow. In turn, the level and volatility of … related to growth and nondebt tax shields. Asset tangibility, size, profitability, and uniqueness are positively related to …