models predict both, higher as well as lower levels of risk aversion when taking risk for others, and the experimental … evidence is mixed. In our within-subject design, money managers have substantial responsibility by taking investment decisions … managers invest significantly less for others than for themselves (cautious shift) which is mainly driven by a less risk averse …

models predict both, higher as well as lower levels of risk aversion when taking risk for others, and the experimental … evidence is mixed. In our within-subject design, money managers have substantial responsibility by taking investment decisions … managers invest significantly less for others than for themselves (cautious shift) which is mainly driven by a less risk averse …

cash flow analysis to provide decision makers with alternative ways to assess investment opportunities under more realistic …

in the case of policy of financing and also to test significance influence of unsystematic risk, size, profitability, and …This research aimed to test whether there are differences among companies which have the growth potential and barren of … this research indicate that except of debt equity ratio, size, and unsystematic risk, generally, there is differences of …

This paper studies the interplay between firm investment and cash flow hedging decisions when the decision-maker has … device to mitigate premature investment. Our results thus highlight one unexplored potential dark side of hedging and suggest …

investment choices. This result is puzzling, since investment quality can be identified with certainty in the second treatment …

difference between investment capacities based on internal sources of financing established on static and dynamic indicators, in …

We consider a firm's investment and financing decisions made by a group of which each individual may utilize different … discount rates to price cash flow generated by the investment project. We show that a higher degree of decreasing impatience or … a greater group diversity increases the project value, accelerates investment and postpones default. Both the value of …