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We study the combined effects of revenue and cost uncertainty as well competition on the timing optimization of … in firms behaviour. When uncertainty about the input costs and revenue are considered together with competition, the …
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This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …, and this improvement is concentrated in industries with a high degree of product market competition. By following plants … and expected returns, we show how changes to target firms’ productivity are associated with a decline in systemic risk …
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This study examines the effects of product market competition on corporate investment and firm value and the moderating …, our results depict that product market competition significantly influences corporate investment and firm value in BRIC … competition on corporate investment and firm value at Brazilian, Russian, Indian, and Chinese firms. The study's findings …
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