The Role of Financial Reporting in Resolving Uncertainty about Corporate Investment Opportunities

Autor:	Stephen R. Stubben, Elia Ferracuti
Rok vydání:	2019
Předmět:	Finance Economics and Econometrics 050208 finance business.industry 05 social sciences 050201 accounting Investment (macroeconomics) Information asymmetry Accounting Capital (economics) 0502 economics and business Investment opportunities business
Zdroj:	SSRN Electronic Journal.
ISSN:	1556-5068
Popis:	This discussion of the survey of the literature on financial reporting and corporate investment by Roychowdhury et al. (2019) focuses on an area in this literature that has received less attention—how financial reporting helps managers allocate capital across investment opportunities within their firms in the presence of uncertainty. We discuss the theory on investment under uncertainty and offer suggestions for future research.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f96aa7f07d481d66786dbc406d5607c6 https://doi.org/10.2139/ssrn.3432772 Zobrazit plný text záznamu