Results 121 to 130 of about 20,902 (314)
Optimal Portfolio Liquidation for CARA Investors
We consider the finite-time optimal portfolio liquidation problem for a von Neumann-Morgenstern investor with constant absolute risk aversion (CARA).
Schöneborn, Torsten, Schied, Alexander
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Incentive-compatibility, limited liability and costly liquidation in financial contracting
, 2018 We characterize an optimal financial contract when the firm’s realized cashflow isunobservable to the investor and the firm’s collateral can only be liquidated partiallyby resorting to the services of a costly third party.
Gui, Zhengqing +2 more
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What entrepreneurial decisions enable the breeding of digital platform unicorns?
Strategic Entrepreneurship Journal, EarlyView.Abstract Research Summary Digital platforms have revolutionized business sectors; however, despite their significant success, platform unicorns remain rare. While extensive research exists on digital platform growth, it is uncertain what entrepreneurial decisions achieve unicorn status.
Sea Matilda Bez +3 more
wiley +1 more source
Risk aversion and the dynamics of optimal liquidation strategies in illiquid markets
We consider the infinite-horizon optimal portfolio liquidation problem for a von Neumann-Morgenstern investor in the liquidity model of Almgren (2003).
Schoeneborn, Torsten, Schied, Alexander
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Strategic Management Journal, EarlyView.Abstract Research Summary We examine variation in high‐technology startups' performance based on founders' pre‐entry experiences by developing a formal model and using confidential employee‐employer linked microdata from the United States to examine the empirical consistency of the model propositions.
Rajshree Agarwal +3 more
wiley +1 more source
20. Company insolvency and liquidation
, 2017 This chapter deals with procedures and legislation governing the insolvency and liquidation of a company and who are qualified as insolvency practitioners.
Derek French
core +1 more source
Venture Capital Practices in Saudi Arabia: The Views of Investors
Thunderbird International Business Review, EarlyView.ABSTRACT This study examines how venture capital (VC) investors in Saudi Arabia evaluate, negotiate, and support entrepreneurial ventures in a rapidly developing yet institutionally young setting. Drawing on 21 semi‐structured interviews with 24 investors, it offers rare insight into VC practices in the Middle East.
Tibah al‐Harbi +2 more
wiley +1 more source
Corporate Leverage and Product Differentiation Strategy [PDF]
We explore the joint determination of product differentiation strategy and corporate leverage in a setting where (i) product differentiation is valued by customers; (ii) debt is necessary to discipline managers; and (iii) liquidation is costly for ...
Stefan ARPING, Gyöngyi LÓRÁNTH
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Wildlife Biology, EarlyView.After decades of dramatic reductions in their populations, Italian wolves have begun recolonizing parts of their historic range. This growth in populations can lead to potential conflicts with human activities, which remain the main cause of wolf mortality.
Ilaria Troisio +8 more
wiley +1 more source
Non-financial stakeholder relationship costs as determinant of capital structure: Empirical evidence from first-time business start-ups. [PDF]
Titman (1984) is the first to argue that non-financial stakeholders (customers, suppliers and employees) pass on their expected liquidation costs to the firm. In his framework, firms can influence the probability of liquidation by choosing an appropriate
Huyghebaert, Nancy, Franck, Tom
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