Publication: Political risk and corporate investment decisions
dc.affiliation.dpto | UC3M. Departamento de EconomĆa de la Empresa | es |
dc.contributor.author | Restrepo, Diana | |
dc.contributor.author | Correia, Ricardo | |
dc.contributor.author | PoblaciĆ³n, Javier | |
dc.contributor.editor | Universidad Carlos III de Madrid. Departamento de EconomĆa de la Empresa | |
dc.date.accessioned | 2012-01-31T15:03:58Z | |
dc.date.available | 2012-01-31T15:03:58Z | |
dc.date.issued | 2012-01 | |
dc.description.abstract | This paper analyzes the different definitions and expressions of political risk and proposes a broad and more inclusive definition regarding its origins and effects. Regarding the effects of political risk on corporate investment decisions, this paper shows the multitude of ways by which the different expressions of political risk may influence both positively and negatively the value of investment opportunities and the decisions of firms to invest. Finally, it proposes different lines of research addressing some of the weaknesses identified in the existing literature | |
dc.description.sponsorship | Correia acknowledges research support from Ministerio de Ciencia e InnovaciĆ³n (Proyecto - MCI ECO2009-12551) | |
dc.format.mimetype | application/pdf | |
dc.identifier.uri | https://hdl.handle.net/10016/13114 | |
dc.identifier.uxxi | DT/0000000920 | |
dc.language.iso | eng | |
dc.relation.ispartofseries | UC3M Working papers. Business Economics | |
dc.relation.ispartofseries | 12-03 | |
dc.relation.projectID | Gobierno de EspaƱa. ECO2009-12551 | |
dc.rights | AtribuciĆ³n-NoComercial-SinDerivadas 3.0 EspaƱa | |
dc.rights.accessRights | open access | |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ | |
dc.subject.eciencia | Empresa | |
dc.subject.jel | G12 | |
dc.subject.jel | G13 | |
dc.subject.jel | G32 | |
dc.subject.jel | G33 | |
dc.subject.other | Political risk | |
dc.subject.other | Corporate investment decisions | |
dc.subject.other | Real options | |
dc.title | Political risk and corporate investment decisions | |
dc.type | working paper | * |
dc.type.hasVersion | SMUR | * |
dspace.entity.type | Publication |
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