This study examines how the effect of uncertainty on capital investment varies between focused firms and conglomerate … frictions, I find that uncertainty, measured by industry-level stock return volatility, has a negative effect on investment … among focused firms but has no statistically significant effect on investment among conglomerate segments. I also show that …

consumption, portfolio allocation, financing, investment, and business exit decisions. The optimal capital structure is determined … by a generalized tradeoff model where leverage via risky non-recourse debt provides significant diversification benefits … equity further improve diversification and raise the entrepreneur's valuation of the firm. Finally, entrepreneurial risk …

improving households' risk-management through income diversification. The intervention targeted agricultural households exposed … vocational training or a productive investment grant. The authors identify the relative impact of each complementary package …. Households that received the productive investment grant also had higher average consumption levels. The complementary …

improving households' risk-management through income diversification. The intervention targeted agricultural households exposed … vocational training or a productive investment grant. The authors identify the relative impact of each complementary package …. Households that received the productive investment grant also had higher average consumption levels. The complementary …