Results 221 to 230 of about 28,575 (276)
Beyond the relative value unit: Rethinking value in neurosurgical practice. [PDF]
Gould J, Gendreau JL.
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Social care research: international cooperation is vital to prepare for future health shocks.
Comas-Herrera A.
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Underinvestment and Market Structure [PDF]
This paper analyses a dynamic game of investment in R&D or advertising, where current investments change future market conditions. It investigates whether underinvestment can be supported in equilibrium by the threat of escalation in investment outlays.
Volker Nocke
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Underinvestment in Public Good Technologies
Journal of Technology Transfer, 2004Although underinvestment phenomena are the rationale for government subsidization of research and development (R&D), the concept is poorly defined and its impact is seldom quantified. Conceptually, underinvestment in industrial R&D can take the form of either a wrong amount or a suboptimal composition of R&D investment.
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Societal trust and corporate underinvestment
Global Finance Journal, 2022Andreas Knetsch
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The Underinvestment Problem, Bond Covenants, and Insurance [PDF]
Introduction The underinvestment problem has been well known in finance since the appearance of Myers's (1977) seminal work on "The Determinants of Corporate Borrowing." Myers considers a situation in which the firm has an outstanding bond issue now and may invest in a positive net present value project then.(1) The payoff on the investment project is ...
James R. GARVEN, Richard D. MACMINN
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Corporate control and underinvestment
Journal of Management & Governance, 2011This paper reports a study of how the benefits that large shareholders derive from their control of a firm affect the equity issue and investment decisions of the firm. I introduce an explicit agency cost structure based on the benefits of control of the largest shareholder.
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OPERATING LEVERAGE AND UNDERINVESTMENT
Journal of Financial Research, 2019AbstractUsing a contingent claims model, we examine the impacts of both operating leverage and financial leverage on a firm's investment decisions in the context of capacity expansion. Our model shows that quasi‐fixed operating costs could significantly mitigate the underinvestment problem for debt‐financed firms.
Feng Jiao +2 more
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