Risk management and corporate value
The paper presents a theoretical framework for assessing the impact of risk management on corporate value. As the relevant factors that determine this impact, the paper analyzes market imperfections and investors’ risk aversion. The results of the present research indicate that risk management contr...
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| Format: | Article |
| Language: | English |
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University of Kragujevac
2015-12-01
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| Series: | Economic Horizons |
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| Online Access: | http://www.horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2015_3/EN/Milan_Cupic_EN.pdf |