involves investment and financing for the short term. Nevertheless, it is an important component of firm financial management …

firm's aggregate risk in terms of the probability of failing to meet important corporate objectives, such as implementing … non-financial firm that retains the integrative, enterprise-wide mindset, yet also equips Corporate Management with the … ability to evaluate financial distress-probabilities by incorporating ideas related to the concept of a firm's Economic …

firm-level capital investment, risk management, and debt issuance. The effects of uncertainty vary significantly by firm … by exacerbating their financial constraints, and that this negative effect is amplified by firm-level constraints on …

Risk is a vital concept to grasp when investing in a firm or project. It is also a key ingredient required to evaluate …, 2015).Not only is CAPM beta useful to assess the risk of a firm or project, but it is essential to calculate the weighted … level of risk. The WACC is required to value of a firm or project and perform a discounted cash flows (DCF) analysis, see …

optimisation limits of the given firm. …

and the effect of ERM on the cost of capital. We find that ERM adoption significantly reduces firm's cost of capital. Our …

strategy can improve shareholder wealth by reducing a firm’s overall (weighted average) cost of capital. For both strategies …, the paper then shows how to adjust a firm’s observed overall cost of capital to find the cost of capital that should be … used in capital budgeting for a firm’s operating assets. In addition, the paper reviews some issues of deadweight costs of …

The main objective of this study is to determine a lease agreement to finance an investment project and a solution for … conditions related to the cash flows generated by the firm are met. These conditions are triggered by the ratio of the firm … equipment when the firm reaches the default threshold. These contracts are motivated by contributing to the range of risk …