Investment under Uncertainty with Financial Constraints
收藏NBER2014-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20610
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资源简介：
We develop an integrated theory of investment, seasoned equity offerings (SEOs), liquidation, and corporate savings under uncertainty for a financially constrained firm, which features endogenous growth options, abandonment options, and payout policies. Facing costly external financing, the firm
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美国国家经济研究局创建时间：
2014-10-01
