Corporate liquidity and risk management with time-inconsistent preferences
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DOI: 10.1016/j.econmod.2019.05.007
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More about this item
Keywords
Time-inconsistent preferences; Limited commitment; Debt capacity; Idiosyncratic risk; Systematic risk;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
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