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about investments. Design/methodology/approach – The approach used is a behavioral experiment where risk assessments and … judgments about investments are made for four internal control opinion scenarios. Findings – The results indicate that the type … considerations apparently dominate internal control opinions when making judgments about investments. Originality/value – This is the …
Persistent link: https://www.econbiz.de/10014929179
This paper empirically examines the benefits of relationship banking to banks, in the context of consumer credit markets. Using a unique panel dataset that contains comprehensive information about the relationships between a large bank and its credit card customers, we estimate the effects of...
Persistent link: https://www.econbiz.de/10010292093
frictions, both parties in a match are partially locked-in when they bargain over the joint surplus from their sunk investments … case of investments in homogenous capital only the agents on the short side acquire ownership of capital. There is always …
Persistent link: https://www.econbiz.de/10010299160
According to disposition effect theory, people hold losing investments too long. However, many investors eventually …
Persistent link: https://www.econbiz.de/10010303734
effect through investments and income inequality. Indeed, democratic institutions attract investments that hurt environment …
Persistent link: https://www.econbiz.de/10010305640
We are considering for examination an Irreversible Investment under Uncertainty, subsidized by the government. If the government announces the termination of a form of subsidization, investors may decide to realize their investment in order to obtain the subsidy. These investors might have...
Persistent link: https://www.econbiz.de/10010307962
The evaluation of the efficiency of investments relies on a system of measures based on actuarial techniques that …, based on its theoretical assumptions and practical drawbacks, considering of this measure in evaluation of the investments …
Persistent link: https://www.econbiz.de/10012047663
A considerable share of public investment comes not only from public budgets but also from public utility companies. One major area of investment is energy and water supply, where the utility companies have substantial fixed assets in the form of distribution infrastructure. Using new microdata...
Persistent link: https://www.econbiz.de/10011372010
Einen beachtlichen Anteil öffentlicher Investitionen tätigen - außerhalb der öffentlichen Haushalte - kommunale Unternehmen, beispielsweise Stadtwerke. Ein bedeutender Investitionsbereich ist die Energie- und Wasserversorgung, da die Unternehmen über beträchtliche Sachanlagen in der...
Persistent link: https://www.econbiz.de/10011372021
's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional … investments increase in the base year when the rate base is determined for the following regulatory period. We conclude that a …
Persistent link: https://www.econbiz.de/10011372119