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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Bibliographic Details
Main Author: Chen, Guojun
Language:English
Published: 2016
Subjects:
Online Access:https://doi.org/10.7916/D8PK0G54