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The influence of capital gains taxes on investment decisions is a central issue of accounting and public finance research. However, the implications of capital gains taxes on investors' willingness to invest in irreversible projects with entry and exit flexibility have not yet been a focal...
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In a continuous-time framework we study the technology and investment choice problem of a continuous co …
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getting more attention. Despite time is a decisive factor for the productivity and competitive advantages of companies …-win strategies, i.e., if they have a positive impact on ecological and human targets and foster company interests at the same time …
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