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A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management

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  • PATRICK BOLTON
  • HUI CHEN
  • NENG WANG

Abstract

management and derivatives play in risk management.
(This abstract was borrowed from another version of this item.)

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  • Patrick Bolton & Hui Chen & Neng Wang, 2011. "A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management," Journal of Finance, American Finance Association, vol. 66(5), pages 1545-1578, October.
    • Handle: RePEc:bla:jfinan:v:66:y:2011:i:5:p:1545-1578
    DOI: j.1540-6261.2011.01681.x
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    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy

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