Optimal dynamic capital budgeting

DOI10.1093/RESTUD/RDY043MaRDI QIDQ5028533zbMATH OpenOpenAlexWikidataFDO

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

zbMATH Keywords

principal agentrepeated interactionscapital budgetinginternal capital markets

Mathematics Subject Classification ID

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

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Cited in

(17)

• Оптимизация динамических систем инвестирования промышленных предприятий
• Generating the Discrete Efficient Frontier to the Capital Budgeting Problem
• A Note on Dynamic Optimization, Maintenance Expenditure and Quality of Capital
• On the efficiency of hurdle rate-based coordination mechanisms
• Capital budgeting, the hold-up problem, and information system design
• 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
• scientific article; zbMATH DE number 5044374 (Why is no real title available?)
• Resource allocation when projects have ranges of increasing returns
• scientific article; zbMATH DE number 926826 (Why is no real title available?)
• Capital budgeting: the role of cost allocations

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