the principles underlying investment decisions are the

... $27,254.2 1 If the spare warehouse space will be used now or in the future, then the project should be credited with these benefits 2 Charge opportunity cost of the land and building 3 The salvage ... forecasts recognize the exact timing of the cash flows, then there is no need to also include investment in working capital 3 No, this is not the correct procedure The opportunity cost of the land is ... Alternative 1 – Sell the new machine: If we sell the new machine, we receive the cash flow from the sale, pay taxes on the gain, and pay the costs associated with keeping the old machine The present

Ngày tải lên: 10/08/2016, 20:23

... constraint They then implied that the less financial constraints the firms face in corporate investment decisions, the more sensitive to the availability of cash·flow they are In the same way, ... To determine whether investment opportunities exerts influence on investment decisions of the firms; (3) To test whether other financial factors impact on investment decisions at the micro level ... documented that the link between investment and q is positive Thus, the thesis expects that investment decisions are positively influenced by investment opportunities Trang 33Hypothesis 2: There will

Ngày tải lên: 13/05/2017, 21:23

... by formulating the decisions in economic terms ‰ A key aspect is the assumptions introduced to enable the undertaking of the analysis and the evaluation of alternatives THE UNDERLYING BASIS ... nature, the value to the decision maker of the consequences of an outcome is established and quantified in terms of the payoff ‰ The payoff is defined as the quantity measure of the value to the ... involves the use of the best available estimates of the probabilities of the states of nature to calculate the expected value of the payoff for each possible action and then to choose the action

Ngày tải lên: 12/03/2018, 21:55

... research The research object of the thesis is the investment decision of SMEs in Vietnam and the impact of investment environment on the investment decisions of SMEs The thesis focuses on the external ... on investment decisions of small and medium enterprises in Vietnam" of the thesis is to see whether the decisions of SMEs are really affected by the investment environment and What are the ... of investment environment, investment situation of SMEs in Vietnam At the same time, the thesis measures and analyzes the impact of investment factors on the investment decisions of SMEs From the

Ngày tải lên: 08/01/2020, 09:15

... that influence the assets investment decisions of business, there are direct factors, but also there are indirect and linear factors that affect the investment decisions In addition, the nature and ... resource for the development of enterprises There are many studies that selected investment decision is the object of study, but the authors focus only on the factors that affect the investment decisions ... 0.1 Therefore, clarify the factors that affect assets investment decisions, as well as clarify the relationship of these decisions with the business results of the enterprises is necessary in the

Ngày tải lên: 16/01/2020, 19:45

... supply the current investors and potential investors with information to help them in making investment decisions and others Especially decisions concerning the future which aim to maximize the ... study to illustrate the impact of the media content of managerial accounting on the awareness and understanding of the current and the expected investors in making investment decisions as follows: ... respondents to the dimensions of the use of the computer medium where the total average of 3.33, while the results of the arithmetic mean of the answers of respondents to pry information high as the overall

Ngày tải lên: 01/02/2020, 22:33

... will only enter the project if the outcome is the positive one If the outcome is the negative one, the decision maker will not make an investment into the project The outcome from the project at ... collect the box containing the bomb, then their earnings increase with the number of accumulated boxes Conversely, in the case the box with the bomb is collected, participants’ earnings are null The ... implies that the decision to buy the option is a way to “close the gap” between the present (the time when the decision is taken) and the future, eliminating the anxiety to discover that the investment

Ngày tải lên: 17/03/2021, 17:34

... spending by total assets, the study can control for the sizeof the firms and their investment capacity, which can affect their investment decisionsand behavior 3.2.2 The dummy variablePilot is ... andscope of the regulations, the industry in which the firm operates, and the firm's overallfinancial position This study will exploit the impact of the ETS pilot on capital investmentunder the firm's ... the impact of the ETS pilot on corporate capitalinvestment behavior in China The use of the DiD model provides a rigorous approach to estimating the causaleffect of the ETS pilot on capital investment

Ngày tải lên: 08/12/2024, 20:16

... corporate investments due to their permanent nature (Pindyck, 1990) Based on these insights, we propose the following hypothesis. Hypothesis 4: The negative Impact of climate risk on corporate Investment ... investments due to their permanent nature (Pindyck, 1990) Based on these insights, we propose the following hypothesis. Hypothesis 4: The negative Impact of climate risk on corporate Investment is ... crises These studies illustrate that CSR and ESG factors are not just ethical considerations; they are vital to a firm's financial and strategic performance Therefore, we hypothesize that: Hypothesis

Ngày tải lên: 14/03/2025, 15:09

... prospects.In response to the challenges posed by the COVID-19 pandemic on investment decisions, the study "How do investment decisions of firms change before and after the COVID-19 pandemic? Empirical ... value in the ongoing crisis.The research's objectiveThe general research goal is to understand the extent of the impact of the COVID-19 pandemic on the investment decisions of firms in Vietnam.This ... evidence in Vietnam about how the COVID-19 pandemic impacts firms' investment decisions, thereby increasing the practical significance of the theories discussed. - Secondly, the research acknowledges

Ngày tải lên: 14/03/2025, 15:11

... 3: The thesis will be defended before the Thesis Evaluation Council at the university meeting at the Foreign Trade University At: The thesis can be referenced at the National Library and the ... regulations are rapidly evolving The synthesis of these theories highlights the importance of complementary assets and long-term capability development in environmental investment decisions Organizations ... complicate the valuation of environmental investments The theoretical evolution highlights the need for more sophisticated frameworks that can better address the complexities of environmental investment

Ngày tải lên: 12/06/2025, 20:17

... motivations for investment These rankings are shaped by the legal environment, the specific characteristics of organizations, and the preferences of decision-makers While financial factors are paramount ... for analyzing the complex elements of green initiatives.Third-party validation and certification are essential in the green investment landscape, as they objectively verify the authenticity of ... investors considering the financial implications of environmental risks and the societal impacts of their investments This trend highlights the increasing recognition of the financial significance

Ngày tải lên: 13/06/2025, 10:42

... forecasts recognize the exact timing of the cash flows, then there is no need to also include investment in working capital If the $50,000 is expensed at the end of year 1, the value of the tax shield ... 1.1510 Thus, the widget manufacturer should make the lids 48 a Capital Expenditure If the spare warehouse space will be used now or in the future, then the project should be credited with these benefits ... Alternative – Sell the old machine: If we sell the old machine, we receive the cash flow from the sale, pay taxes on the gain, and pay the costs associated with keeping the new machine The present value...

Ngày tải lên: 14/08/2014, 11:20

... selling the shares of one and buying shares in the other, which would alter the relative prices of shars until the WACCs become equal The level of gearing is therefore irrelevant to the WACC and the ... project project Using Using the the NPV NPV equation: equation: the the IRR IRR isis the the discount discount rate rate that that renders renders the the NPV NPV of of the the project project equal ... satisfiesthe theNPV NPVequation; equation;ififthe thesign signof ofcash cashflows flows changes changesmore morethan thanonce oncein inthe thelife lifeof ofthe theproject, project, there theremay...

Ngày tải lên: 04/10/2015, 20:08

... rates In the second sub-period, given the structural break in the mean, the convergence dummy9 as well as the constant are allowed to lie in the cointegration space until the middle of the month ... that in the long run the pass-through from money market rates to bank rates has the same size independent of the sign of the shock This is also consistent with the idea that in the long run the equilibrium ... recursively calculated in the last years of the sample period Therefore, the lines above the value of one give the outcome of the rank test evaluated for any partial sample period Due to the presence of...

Ngày tải lên: 17/02/2014, 03:20

... shortfalls For banks, the benefits are the opportunity to expand their client base through MFIs, and to expand their operations through the network of MFIs (including in the rural sector) The linkages ... proportion of the vulnerable non-poor, the poor and the poorest” Critics of postal savings banks recognise that their products are affordable to the mass market but often argue that these are basic ... Microfinance 2006, (November2007), 11 p „„They are among the most productive MFIs in the world in terms of the number of borrowers and savers compared to the number of staff (70% of MFIs in Sub-Saharan...

Ngày tải lên: 22/03/2014, 21:20

... great people decisions is the most powerful contributor to career success, as illustrated in Figure 1.1 And note that the farther along you get in your career, and People Decisions Career Decisions ... thinking)—aren’t there people who are really good at people decisions? Aren’t there people experts out there? Yes, some people are truly expert at assessing people Not surprisingly, some of them work ... practiced the discipline of “First Who”: first get the right people on the bus, the wrong people off the bus, and the right people into the right seats and then figure out where to drive the bus...

Ngày tải lên: 28/06/2014, 21:20

... was invited by the University of Leuven to give the Gaston Eyskens Lectures The main topic of my research at the time provided the title: “Why are there so many banking crises?” These lectures ... deposits against the risk of failure of their bank The role of bank supervisors is then to represent the interests of depositors (or rather of the DIF) vis-à-vis banks’ managers and shareholders • ... introducing these ceilings, the regulator increases the franchise value of the banks (even if they are not currently binding) which relaxes the moral hazard constraint Similar ideas are put forward...

Ngày tải lên: 10/08/2014, 07:21

... that other depositors are going to withdraw en masse, then it is in their interest to join the movement, even if they know for sure that the bank’s assets are fundamentally safe Given that these ... weights In my opinion it is not the job of the regulators to tell the banks what they have to when they are not in trouble On the contrary, their job is to take care of ailing banks Thus, I believe ... (loans), the rest being held in cash reserves M Under normal circumstances, the returns RI on these assets are collected at date τ = 2, the CDs are repaid, and the stockholders of the bank receive the...

Ngày tải lên: 10/08/2014, 07:21

... (3.8) are satisfied if the costs of efforts e0 and e1 are small and if δ (the increase in the probability of success) and ∆β (the reduction in the probability of solvency) are large In this case, the ... conditions on the magnitude of the shocks If the shocks are small with respect to the value of the assets that banks can pledge as collateral in the worst-case scenario (λ < R0 ), then the implementation ... for the LLR policy Thus we provide a theory of the LLR in crisis periods even in the absence of contagion threats Our results may thus help clarify the debate on the role of the LLR: when the...

Ngày tải lên: 10/08/2014, 07:21