Search Results - subject_exact:"Betriebliche Investitionstheorie"

The impact of interest : firms' investment sensitivity to interest rates

Best, Lea; Born, Benjamin; Menkhoff, Manuel - 2026

We study how firms' investment responds to interest rate changes based on a German firm survey, combining hypothetical vignettes, open-ended questions, and rich firm data. We estimate a 7 percent semi-elasticity of investment to loan rates-about half the total corporate investment response to...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015614905

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The impact of interest : firms' investment sensitivity to interest rates

Best, Lea; Born, Benjamin; Menkhoff, Manuel - 2025

Book / Working Paper

The impact of interest : firms' investment sensitivity to interest rates

Best, Lea; Born, Benjamin; Menkhoff, Manuel - 2025

Book / Working Paper

Capacity expansion investment under financing constraint

Gan, Luoyuan; Wen, Xingang; Dawid, Herbert - 2026

This research studies a monopoly firm's timing and size decisions to introduce a new and partially substitutable product under demand uncertainty and financing constraint. Accessible financing resources for the investment are positively related to firm's revenues from the existing product. We...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015595814

Evaluation of investment projects in Kyrgyzstan : modern methods and errors in controlling practice

Toichiev, Tilek - 2025

The study aimed to improve methodological approaches to assessing the effectiveness of investment projects in the Kyrgyz Republic. The study was based on the comparative economic, structural-dynamic, correlation-regression and scenario analysis, as well as methods of content analysis of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015616717

Uncertain time to completion in a sequential investment problem : a theoretical analysis and an empirical application

Abigaba, Micah Lucy; Bengtsson, Jens; Ketelaars, Martijn W. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015608466

Projects with no cost of capital

Levy, Moshe - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015396007

Affect and reason in uncertain accounting settings : the case of capital investment appraisal

Andon, Paul; Baxter, Jane; Chua, Wai-fong - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015164405

R&D Uncertainty and Cycles

Crouzet, Nicolas; Eberly, Janice C. - 2026

Investment in equipment and structures is one of the most cyclical components of GDP, a fact often associated with a negative response to heightened uncertainty in recessions. R&D investment, by contrast, is only mildly procyclical. We show that this difference could arise because of a positive...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611143

Anticipate, wait or don't invest? : the strategic net present value approach to study expansion decisions under policy uncertainty

Yanore, Lotte; Sok, Jaap; Oude Lansink, Alfons G. J. M. - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014288669

Capital budgeting and managerial empire building

Weiskirchner-Merten, Katrin - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014290486

The finance of cybersecurity : quantitative modeling of investment decisions and net present value

Brho, Mazen; Jazairy, Amer; Glassburner, Aaron V. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015359352

Optimization study of grid business investment timing considering return on investment

Zheng, Xinyuan; Shen, Jianfei; Dong, Huanran; Liu, Hao - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015422522

A contribution to the NPV-IRR debate

Castagnoli, Erio; Favero, Gino - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015593572

Corporate discount rates

Gormsen, Niels; Huber, Kilian - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060132

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Corporate Discount Rates

Gormsen, Niels; Huber, Kilian - 2023

Book / Working Paper

Corporate discount rates

Gormsen, Niels; Huber, Kilian - 2023

Book / Working Paper

Corporate Discount Rates

Gormsen, Niels; Huber, Kilian - 2022

Book / Working Paper

Strategic Investment Evaluation

Kirpalani, Rishabh; Madsen, Erik - 2022

We study the interaction of incentives to free-ride on information acquisition and strategically delay irreversible investment in environments in which multiple firms evaluate an investment opportunity. In our model, two firms decide how quickly to privately obtain information about the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013312216

Quantifying reduced-form evidence on collateral constraints

Catherine, Sylvain; Chaney, Thomas; Huang, Zongbo; … - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013279806

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Quantifying Reduced-Form Evidence on Collateral Constraints

Catherine, Sylvain - 2018

Book / Working Paper

A new method to estimate NPV and IRR from the capital amortization schedule and the advantages of the new method

Arjunan, Kannapiran - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013503497

Social proximity to capital : implications for investors and firms

Kuchler, Theresa; Li, Yan; Peng, Lin; Stroebel, Johannes; … - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012240334

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Social proximity to capital : implications for investors and firms

Kuchler, Theresa; Li, Yan; Peng, Lin; Stroebel, Johannes; … - 2020

Book / Working Paper

Social Proximity to Capital : Implications for Investors and Firms

Kuchler, Theresa; Li, Yan; Peng, Lin; Stroebel, Johannes; … - 2022

Book / Working Paper

Social proximity to capital : implications for investors and firms

Kuchler, Theresa; Li, Yan; Peng, Lin; Stroebel, Johannes; … - 2021 - This draft: February 6, 2021

Edition: This draft: February 6, 2021

Book / Working Paper

Social Proximity to Capital : Implications for Investors and Firms

Kuchler, Theresa - 2020

Book / Working Paper

Social Proximity to Capital : Implications for Investors and Firms

Kuchler, Theresa - 2020

Book / Working Paper

Measuring the effects of firm uncertainty on economic activity : new evidence from one million documents

Handley, Kyle; Li, J. Frank - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012305983

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Measuring the Effects of Firm Uncertainty on Economic Activity : New Evidence from One Million Documents

Handley, Kyle; Li, J. Frank - 2022

Book / Working Paper

Measuring the Effects of Firm Uncertainty on Economic Activity : New Evidence from One Million Documents

Handley, Kyle - 2020

Book / Working Paper

The discount rate for investment analysis applying expected utility

Baucells, Manel; Bodily, Samuel E. - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014634217

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The Discount Rate for Investment Analysis Applying Expected Utility

Baucells, Manel; Bodily, Samuel E. - 2022

Book / Working Paper

Chapter 14 Integrating ESG With Corporate Investment Decision-Making

Khan, Muhammad Irfan; Iqbal, Athar - 2024

This is an acceptable fact that firms put efforts to maximize shareholders wealth but there is growing demand that firms are also accountable to various stakeholders associated directly or indirectly with the firms' business activities. Investors now evaluate firm's performance not only from...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015488003

The accounting rate of return and economic growth

Ross, Jonathan; Ziebart, David A. - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014584737

NPV, IRR, PI, PP, and DPP : a unified view

Sokolov, Mikhail V. - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015072094

Investitionsrechnung : Grundlagen, Beispiele, Übungsaufgaben mit Musterlösungen

Burger, Alexander - 2024 - 2., aktualisierte Auflage

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014469880

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Investitionsrechnung : Grundlagen, Beispiele, Übungsaufgaben mit Musterlösungen

Burger, Alexander; Keipinger, Petra - 2016

Book / Working Paper

Corporate investment sensitivity to equity market misvaluation

Mrad, Senda; Hamza, Taher; Manita, Riadh - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014511570

Manager appraisal of artificial intelligence investments

Queiroz, Magno; Anand, Abhijith; Baird, Aaron - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015196830

A Quantile Model of Firm Investment

Almeida, Heitor; Campello, Murillo; Castro, Luciano I. de; … - 2024

We develop a dynamic model of firm investment under uncertainty that captures firms' risk attitude using quantile preferences. The firm maximizes its present value, defined as current profits and investment plus the discounted value of the τ-quantile of its value next period. In our framework,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014544776

Earnings growth rates in business valuation models : the impossible quaternity

Nguyen, Kim-Duc; Pham Khanh Nam - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014545193

Investition und Finanzierung : Klausuren, Aufgaben und Lösungen

Burchert, Heiko; Schneider, Jürgen - 2024 - 4., überarbeitete Auflage

Die stete Nachfrage nach klausurenbezogenen Übungsmaterialien aus dem Fach „Investition und Finanzierung" für die Selbstlernphase von Studierenden war Anstoß für die Konzeption dieses Buches. Es enthält eine Sammlung von Klausuraufgaben mit detaillierten Lösungen. Zur Unterstützung der...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014580769

Deterioration of the terms of trade and capital accumulation : a re-examination of the Laursen-Metzler effect

Sen, Partha - 1989

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001065561

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Deterioration of the Terms of Trade and Capital Accumulation : a Reexamination of the Laursen-Metzler Effect

Sen, Partha; Turnovsky, Stephen J. - 2021

Book / Working Paper

Deterioration of the Terms of Trade and Capital Accumulation : A Reexamination of the Laursen-Metzler Effect

Sen, Partha - 1988

Book / Working Paper

Inflation, Investment and Valuation

Cornell, Bradford; Gerger, Richard; Jarrell, Gregg A.; … - 2021

In any context where a discounted cash flow valuation is required, there is the issue of estimating the continuing value. The most common way to do that is to assume that by the terminal horizon the company is in a steady state and is growing at a constant rate. The issue is how to handle...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013245991

Aggregate investment

Caballero, Ricardo J. - 1999

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001435569

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Aggregate investment

Caballero, Ricardo J. - 1997

Book / Working Paper

Aggregate Investment

Caballero, Ricardo J. - 2021

Book / Working Paper

Aggregate Investment

Caballero, Ricardo J. - 2003

Book / Working Paper

Aggregate Investment

Caballero, Ricardo J. - 1997

Book / Working Paper

Dynamical Internal Rate of Return for the Investment Project

Zhevnyak, Alexander - 2021

A new indicator of profitableness (DIRR) of the investor and recipient of the investment project is proposed, which is a generalization and development of the concept of internal rate of return (IRR). It is formed in the form of the sum of the cost of the participant's capital and the project's...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013249508

Investment in Art - Specificity, Risks, and Rates of Return

Bialynicka-Birula, Joanna - 2021

The paper presents art as a special object of investment. The features of works of art and art market are presented in comparison with characteristics of securities and stock exchange market. The author takes into account the following criteria: commodity features, ownership characteristic,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013229545

Do short-term managerial objectives lead to under- or over-investment in long-term projects?

Bebchuk, Lucian A. - 1991

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013452194

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Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects

Bebchuk, Lucian A.; Stole, Lars A. - 2021

Book / Working Paper

Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects

Bebchuk, Lucian A. - 2018

Book / Working Paper

Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects

Bebchuk, Lucian Arye - 1994

Book / Working Paper

An analytic framework for interpreting investment regressions in the presence of financial constraints

Abel, Andrew B.; Panageas, Stauros - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013350140

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An Analytic Framework for Interpreting Investment Regressions in the Presence of Financial Constraints

Abel, Andrew B.; Panageas, Stauros - 2021

Book / Working Paper

An Analytic Framework for Interpreting Investment Regressions in the Presence of Financial Constraints

Abel, Andrew B. - 2020

Book / Working Paper

An Analytic Framework For Interpreting Investment Regressions In The Presence Of Financial Constraints

Abel, Andrew B. - 2020

Book / Working Paper

A Dynamic General Equilibrium Framework of Investment with Financing Constraint

Xie, Danyang - 2002

In this paper, we provide a dynamic general equilibrium framework with an explicit investment-financing constraint. The constraint is intended as a reduced form to capture the balance sheet effects, which have been widely regarded as an important determinant of financial crises. We derive a link...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014401375

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A Dynamic General Equilibrium Framework of Investment with Financing Constraint

Xie, Danyang; Yuen, Chi-Wa - 2021

Book / Working Paper

Capital Investment Appraisal Report for AYR Co : Comparative Analysis of Project Aspire vs Wolf

SANGWA, Dr. Sixbert - 2021

This report analyses AYR Co.’s two project investment proposals, namely Aspire and Wolf, to determine each project’s future success. Based on provided projects information, the report advises Directors of AYR Co. on their planned capital expenditures. Based on some assumptions, the Net...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013215982

Investment, Depreciation, and Capital Utilization

Bernstein, Jeffrey Ian; Nadiri, Mohammed Ishaq - 2021

The purpose of this paper is to analyze the determinants of capital durability and utilization and their interdependence with investment decisions. The approach is based on the view that the flow of undepreciated capital is an output to be used in future production. At each date capital and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013219962

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Investment, Depreciation, And Capital Utilization

Bernstein, Jeffrey I. - 1988

Book / Working Paper

Investment in the absence of property rights; the role of incumbency advantages

Konrad, Kai A. - 2002

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001705089

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Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2002

Book / Working Paper

Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2002

Book / Working Paper

Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2001

Book / Working Paper

Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2001

Book / Working Paper

Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2001

Book / Working Paper

Investment in the Absence of Property Rights : The Role of Incumbency Advantages

Konrad, Kai A. - 2021

Book / Working Paper

An Investment Theory Based on Geometric Return

Chen, Jing - 2021

Return is the most fundamental concept in investment. There are two methods to measure returns: Arithmetic return and geometric return. The standard investment theory, Markowitz portfolio theory and CAPM, uses arithmetic return. Geometric return provides more accurate and precise measurement of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013220671

Firm Level Investment and R&D in France and the United States : A Comparison

Mulkay, Benoît; Hall, Bronwyn H.; Mairesse, Jacques - 2021

This paper is a contribution to the small but growing literature that compares the investment and R&D behavior of manufacturing firms in large developed countries that have varying financial and capital market institutions. Specifically, we look at two similar samples of French and United States...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013222959

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Firm Level Investment and R&D in France and the United States : A Comparison

Mulkay, Benoit - 2000

Book / Working Paper

Ir&D Project Data and Theories of R&D Investment

Lichtenberg, Frank R. - 2021

This paper analyzes data on a large sample of research and development (R&D) projects documented in the Defense Department's Independent R&O Data Bank, both to provide some stylized facts about R&O investment at the project level and to test the implications of a control-theoretical model...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013224349

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IR&D Project Data and Theories of R&D Investment

Lichtenberg, Frank R. - 1988

Book / Working Paper

Inflation expectations and firm decisions : new causal evidence

Coibion, Olivier; Gorodnichenko, Yuriy; Ropele, Tiziano - 2018

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011981898

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Inflation expectations and firm decisions : new causal evidence

Coibion, Olivier; Gorodnichenko, Yuriy; Ropele, Tiziano - 2018

Book / Working Paper

Inflation Expectations and Firm Decisions : New Causal Evidence

Coibion, Olivier; Gorodnichenko, Yuriy; Ropele, Tiziano - 2021

Book / Working Paper

Inflation Expectations and Firm Decisions : New Causal Evidence

Coibion, Olivier - 2019

Book / Working Paper

Inflation Expectations and Firm Decisions : New Causal Evidence

Coibion, Olivier - 2018

Book / Working Paper

Discount Rate Uncertainty and Capital Investment

Bessembinder, Hendrik; H. Décaire, Paul - 2021

Firms obtain noisy estimates of investors' required rates of return (discount rates) using market-based information. Discounted-cash-flow (DCF) methods, as commonly taught in MBA courses, lead to upward-biased estimates of project values in the presence of such noise, even when cash flow and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013251697

Analysis of the evaluation of investment projects with constant prices versus current prices approaches

Corona Dueñas, José Asunción; Corona Pacheco, César - 2021

This work makes a comparative analysis of the evaluation of an investment project, considering two approaches, one with cash flows at constant prices and the other at current prices. The goal is to determine which of these two approaches is best for project evaluation to make the right...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012612912

Financial globalization effects on investment decisions and financialization of big corporations

Scarano, Giovanni - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012291904

Investment appraisal practice in the biggest companies in Poland

Pawlak, Marcin; Rapacewicz, Anna; Zarzecki, Dariusz - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012510221

Investment appraisal practice in the European Union countries

Pawlak, Marcin; Zarzecki, Dariusz - 2020

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012510394

Evaluating investments in flexible on-demand production capacity : a real options approach

Freitag, Bettina; Häfner, Lukas; Pfeuffer, Verena; … - 2020

Ongoing digitalization of production accelerates trends like mass customization, ever shorter lead times, and shrinking product life cycles. Thereby, industrial companies face increasingly volatile demand that complicates an appropriate production capacity planning. On the other hand, the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012257441

Validity of NPV Rule and IRR Criterion for Capital Budgeting and CBA

Arjunan, Kannapiran - 2020

The validity of the NPV rule and the criticisms against IRR are evaluated using a capital amortization approach (CA) and the results presented. Negative or zero or no IRR is consistent with the net cash flow (NCF) when the sum of NCF is either zero or negative. Reinvestment, with non-normal NCF,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012845905