Real Option Exercise: Empirical Evidence
收藏NBER2019-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25624
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资源简介：
We study when and why firms exercise real options. Using detailed project-level investment data, we find that the likelihood that a firm exercises a real option is strongly related to peer exercise behavior. Peer exercise decisions are as important in explaining exercise behavior as variables
提供机构：
美国国家经济研究局
创建时间：
2019-03-01
