Risk Management: Coordinating Corporate Investment and Financing Policies
- 1 December 1993
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 48 (5) , 1629
- https://doi.org/10.2307/2329062
Abstract
This paper develops a general framework for analyzing corporate risk management policies. We begin by observing that if external sources of finance are more cos...Keywords
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