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Incentives of stock option based compensation

Agliardi, Elettra; Andergassen, Rainer - In: Review of quantitative finance and accounting 25 (2005) 1, pp. 21-32

Persistent link: https://www.econbiz.de/10003007522

(S,s)-adjustment strategies and hedging under Markovian dynamics

Agliardi, Elettra; Andergassen, Rainer - In: The Geneva risk and insurance review 36 (2011) 2, pp. 112-131

Persistent link: https://www.econbiz.de/10009389200

Collateral constraints, debt management and investment incentives

Agliardi, Elettra; Andergassen, Rainer - In: Advances in quantitative analysis of finance and … 6 (2008), pp. 1-13

Persistent link: https://www.econbiz.de/10003733818

Last resort gambles, risky debt and liquidation policy

Agliardi, Elettra (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003477073

Last Resort Gambles, Risky Debt and Liquidation Policy

Agliardi, Elettra - 2006

This paper develops a real option model in which the interaction between debt, liquidation policy and risky investments is studied. We consider a manager who owns the firm and faces the opportunity to invest in risky projects which boost current profits at the cost of bankruptcy if they turn out...

Persistent link: https://www.econbiz.de/10012734192