𝔖 Bobbio Scriptorium
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The Effect of Managerial Incentives to Bear Risk on Corporate Capital Structure and R&D Investment

✍ Scribed by Jouahn Nam; Richard E. Ottoo; John H. Thornton Jr.


Book ID
110693346
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
135 KB
Volume
38
Category
Article
ISSN
0732-8516

No coin nor oath required. For personal study only.


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We explore a possible decision-making process in which mixes of rational and non-rational factors affect the choice made by a firm's management to invest in corporate responsibility. We propose that the rational factors affecting the decision-makers' investment choice are: (a) moral choice; (b) risk