R&D Investment timing, default and capital structure
Sign Up to like & getrecommendations! Published in 2019 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-019-00807-6
Abstract: This paper investigates the interaction between R&D investment timing, probability of default, and capital structure. In particular we are interested in studying the investment behaviour of three different types of firms according to their capital… read more here.
Keywords: capital structure; investment; investment timing; default ... See more keywords
Investment timing, reversibility, and financing constraints
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DOI: 10.1016/j.jcorpfin.2017.12.024
Abstract: This paper examines the optimal financing and investment decisions problem of a firm that is constrained by an upper limit of debt issuance based on liquidation (collateral) value. Our model provides five new results. First,… read more here.
Keywords: timing reversibility; investment; investment timing; financing ... See more keywords
A statistical learning approach to determine optimal sizing & investment timing of commercial-scale distributed energy resources
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DOI: 10.1016/j.scs.2020.102596
Abstract: Abstract The problem of optimal sizing and investment timing for a portfolio of gas-fired and photovoltaic (PV) generation is presented and solved using an optimization- classification technique. It is assumed that the demand, the prices… read more here.
Keywords: optimal sizing; determine optimal; investment; investment timing ... See more keywords
Optimal Investment Timing and Scale Choice of Overseas Oil Projects: A Real Option Approach
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DOI: 10.3390/en11112954
Abstract: This article presents a real option model for helping investors to determine the optimal investment timing and scale of overseas oil projects. The model is suitable for the highly uncertain environments in which many oil… read more here.
Keywords: investment; investment timing; optimal investment; overseas oil ... See more keywords