Delayed Creative Destruction: How Uncertainty Shapes Corporate Assets
收藏NBER2021-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28971
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资源简介：
We show how uncertainty shapes corporate asset allocation, composition, and productivity using data from the shipping industry. Firms curtail both ship acquisitions and disposals when uncertainty increases, primarily through cuts in new ship orders and ship demolitionsdecisions that are costlier to
提供机构：
美国国家经济研究局
创建时间：
2021-06-01
