Idiosyncratic risk, the private benefits of control and investment timing

DOI10.1016/J.ECONLET.2017.02.011MaRDI QIDQ1672903zbMATH OpenOpenAlexFDO

Authors Chunhui Wen, Xin Xia, Jinqiang Yang

Publication date 11 September 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2017.02.011

zbMATH Keywords

agency conflictsincomplete marketsinvestment timinginvestor protection

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50)

Recommendations

• Is corporate control effective when managers face investment timing decisions in incomplete markets?
• Time preference and real investment
• Corporate control and real investment in incomplete markets
• Investment under uncertainty with manager-shareholder conflict
• Interactions between investment timing and management effort under asymmetric information: costs and benefits of privatized firms

Cites work

• Corporate control and real investment in incomplete markets
• Optimum consumption and portfolio rules in a continuous-time model
• Valuing the option to invest in an incomplete market

Cited in

(4)

• Corporate groups and minority shareholder wealth: A role for private benefits?
• Interactions between investment timing and management effort under asymmetric information: costs and benefits of privatized firms
• Investment, capital structure and agency costs with write-down equity
• Is corporate control effective when managers face investment timing decisions in incomplete markets?

This page was built for publication: Idiosyncratic risk, the private benefits of control and investment timing

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1672903)