Corporate Investment and Cash Savings under Uncertainty
This dissertation focuses the corporate behaviors in a dynamic world with uncertainty. Especially, I am interested in how firms tradeoff their investment and cash savings when external financing is costly. The first two chapters fit into this theme. One considers optimal investment and financing pol...
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Language: | English |
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2016
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Online Access: | https://doi.org/10.7916/D8PK0G54 |