Uncertainty, Capital Investment, and Risk Management

We use forward-looking and exogenous measures of output price uncertainty to examine the effect of price uncertainty on firm-level capital investment, risk management, and debt issuance. The effects of uncertainty vary significantly by firm size. When faced with high price uncertainty, large firms i...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Management science Jg. 64; H. 12; S. 5769 - 5786
Hauptverfasser:	Doshi, Hitesh, Kumar, Praveen, Yerramilli, Vijay
Format:	Journal Article
Sprache:	Englisch
Veröffentlicht:	Linthicum INFORMS 01.12.2018 Institute for Operations Research and the Management Sciences
Schlagworte:	Capital Capital expenditures capital investment Capital investments Companies Constraints Debt financial frictions Hedges Hedging Hedging (Finance) Influence Investments Management Methods Prices Prices and rates real options Risk management Securities Small business Uncertainty
ISSN:	0025-1909, 1526-5501
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!