| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089676 | Journal of Banking & Finance | 2013 | 16 Pages |
Abstract
⺠Dynamic model of a firm's investment timing and sizing. ⺠Firm invests small-scale, and at lower threshold, for intermediate internal funds. ⺠Firm invests large-scale, and at higher threshold, for low and high internal funds. ⺠Thus, both investment threshold and volume U-shaped in internal funds.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Michi Nishihara, Takashi Shibata,