Optimal dynamic capital budgeting

DOI10.1093/RESTUD/RDY043OpenAlexW3121307756WikidataQ129370402 ScholiaQ129370402MaRDI QIDQ5028533FDOQ5028533

Authors: Andrey Malenko 

Publication date: 10 February 2022

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://hdl.handle.net/1721.1/135109

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zbMATH Keywords

principal agentrepeated interactionscapital budgetinginternal capital markets

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50) Principal-agent models (91B43)

Cited In (17)

• Generating the Discrete Efficient Frontier to the Capital Budgeting Problem
• A Note on Dynamic Optimization, Maintenance Expenditure and Quality of Capital
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• Project assignments when budget padding taints resource allocation
• Relational enforcement
• Informed headquarters and socialistic internal capital markets
• Internal financing, managerial compensation and multiple tasks
• Dynamic delegation with a persistent state
• Ending wasteful year-end spending: on optimal budget rules in organizations
• Repeated delegation
• Resource leasing and optimal periodic capital investments
• Title not available (Why is that?)
• Title not available (Why is that?)
• Resource allocation when projects have ranges of increasing returns
• Capital budgeting: the role of cost allocations
• Оптимизация динамических систем инвестирования промышленных предприятий

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