Search Results - subject:"Operating flexibility"

Operating Flexibility and Capital Structure: Evidence from a Natural Experiment

Kuzmina, Olga - Center for Economic and Financial Research (CEFIR), New … - 2013

operating flexibility in terms of less costly firing promotes debt financing. I build the identification strategy on the …

Persistent link: https://www.econbiz.de/10010862232

Is operating flexibility harmful under debt?

Iancu, Dan A.; Trichakis, Nikolaos; Tsoukalas, Gerry - In: Management science : journal of the Institute for … 63 (2017) 6, pp. 1730-1761

Persistent link: https://www.econbiz.de/10011707228

Employment protection and investment opportunities

Loderer, Claudio; Waelchli, Urs; Zeller, Jonas - 2016

We examine the impact of employment protection legislation (EPL) on individual firms' growth opportunities, as measured by Tobin's q. On the one hand, by increasing job security, EPL spurs innovation effort. Yet that boost only occurs in firms with little comparative advantage at original...

Persistent link: https://www.econbiz.de/10011515757

Global diversification discount and its discontents : a bit of self-selection makes a world of difference

Chang, Sungyong; Kogut, Bruce; Yang, Jae-Suk - In: Strategic management journal 37 (2016) 11, pp. 2254-2274

Persistent link: https://www.econbiz.de/10011577832

Corporate risk management : integrating liquidity, hedging, and operating policies

Gamba, Andrea; Triantis, Alexander J. - In: Management science : journal of the Institute for … 60 (2014) 1, pp. 246-264

Persistent link: https://www.econbiz.de/10010345150

The value implications of restrictions on asset sales

Sibilkov, Valeriy; Straska, Miroslava; Waller, H. Gregory - In: Review of Financial Economics 22 (2013) 3, pp. 98-108

and the need for operating flexibility. …

Persistent link: https://www.econbiz.de/10010682571

Continuous rainbow options on commodity outputs : what is the real value of switching facilities?

Dockendorf, Jörg; Paxson, Dean A. - In: The European journal of finance 19 (2013) 7/8, pp. 645-673

Persistent link: https://www.econbiz.de/10010244745

The value implications of restrictions on asset sales

Sibilkov, Valeriy; Straska, Miroslava; Waller, Gregory H. - In: Review of financial economics : RFE 22 (2013) 3, pp. 98-108

Persistent link: https://www.econbiz.de/10010213376

Technology Choices for New Entrants in Liberalised Markets: The Value of Operating Flexibility and Contractual Arrangements

Roques, F.A. - Faculty of Economics, University of Cambridge - 2007

and electricity price risks through contractual arrangements and operating flexibility. Monte Carlo simulations of a … markets. Moreover, the value associated with operating flexibility and arbitrage between gas and power market is greater for … the impact of fuel and electricity price risks on these different technologies, as well as the value of operating …

Persistent link: https://www.econbiz.de/10005113777

Using Probabilistic Analysis to Value Power Generation Investments Under Uncertainty

Roques, F.A.; Nuttall, W.J.; Newbery, D.M. - Faculty of Economics, University of Cambridge - 2006

alternative technologies, the value of the operating flexibility of power plant managers to mothball and de-mothball plants, and …

Persistent link: https://www.econbiz.de/10005113802