Does the nature of large projects affect the financing decisions over the investment period ?
We develop a theoretical model based on Tirole (2006) where the nature of large investments, namely capital expenditure, research and development and working capital, affects the financing choice during the investment period. We use a sample comprised by American companies in the 1980-2017 period....
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Format: | Others |
Language: | en |
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Biblioteca Digitais de Teses e Dissertações da USP
2018
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Online Access: | http://www.teses.usp.br/teses/disponiveis/12/12139/tde-17012019-162941/ |