. Besides output price uncertainty, the firm faces additional sources of risk which are aggregated into an additive background … risk. We show that the firm always chooses its optimal debt-equity ratio to minimize the weighted average cost of capital …, irrespective of the risk attitude of the firm and the incidence of the multiple sources of uncertainty. Even though the …

’s original depiction to Buckley’s conceptualization of the global factory. Within that context we consider the issues of risk and … wealth of digital sources of information and knowledge, risk, uncertainty, volatility, complexity, and ambiguity remain …