Are PIPEs a Bet on Growth Options?

2012 ◽  
Author(s):  
Garry J. Twite ◽  
Katrina Ellis
Keyword(s):  
Growth Options

Are PIPEs a Bet on Growth Options?

2009 ◽  
Author(s):  
Katrina Ellis ◽  
Garry J. Twite
Keyword(s):  
Growth Options

MOTIVES FOR CORPORATE HEDGING: EVIDENCE FROM THE UK

2005 ◽  
Vol 01 (01) ◽  
pp. 0550003 ◽  
Author(s):  
EPHRAIM CLARK ◽  
AMRIT JUDGE
Keyword(s):  
Risk Management ◽  
Financial Distress ◽  
Economies Of Scale ◽  
Foreign Currency ◽  
Annual Reports ◽  
Data Sets ◽  
Growth Options ◽  
Corporate Hedging ◽  
Currency Exposure ◽  
The Uk

In this paper, we use survey data and data from annual reports to identify the determinants of hedging activity of United Kingdom (UK) firms in the context of an overall program of risk management. Comparing the two sets of data makes it possible to identify misclassified firms, that is, firms whose hedging claims are not consistent across the two data sets. Our results on the consistent data show that the likelihood of hedging is related to growth options, foreign currency exposure, liquidity and economies of scale in hedging costs. Contrary to many previous US studies, we also find strong evidence linking the decision to hedge and the expected costs of financial distress. Results for the misclassified firms suggest that they are actually hedgers that hedge less extensively than the correctly classified (CC) hedgers.

PRIORITIES OF INNOVATIVE AND TECHNOLOGICAL DEVELOPMENT OF THE REGIONAL ECONOMY

2021 ◽  
Author(s):  
Наталия Александровна Иванова
Keyword(s):  
Regional Policy ◽  
Technological Development ◽  
Growth Options ◽  
Regional Economies ◽  
Resource Potential ◽  
Global Trends ◽  
Investment Projects ◽  
Complete Study ◽  
Technological Modernization ◽  
Scientific Substantiation

В статье рассматриваются вопросы выработки действенной региональной политики, обоснования ее приоритетов и механизмов реализации. Акцент делается на мировые тенденции инновационно-технологического развития. Императивом региональной политики должна стать технологическая модернизация действующих предприятий, реализация инвестиционных проектов, направленных на более полное исследование ресурсного потенциала, создание новых отраслей промышленности, повышение производительности труда. Все это требует научного обоснования приоритетов региональной промышленной политики, поиска механизмов, стимулирующих экономический рост, вариантов расширения сузившихся в период экономического кризиса финансово-инвестиционной базы технологических преобразований экономики регионов. The article deals with the development of an effective regional policy, justification of its priorities and implementation mechanisms. The emphasis is on global trends in innovative and technological development. The imperative of regional policy should be the technological modernization of existing enterprises, the implementation of investment projects aimed at a more complete study of the resource potential, the creation of new industries, and an increase in labor productivity. All this requires a scientific substantiation of the priorities of regional industrial policy, a search for mechanisms that stimulate economic growth, options for expanding the financial and investment base of technological transformations of the regional economies that have narrowed during the economic crisis.

Valuing Strategic Growth Options: A Portfolio Approach

2005 ◽  
Vol 3 (1) ◽  
pp. 85-97 ◽  
Author(s):  
Roberto S. Vassolo ◽  
Filipe De Almeida Ravara ◽  
John M. Connor
Keyword(s):  
Growth Options ◽  
Portfolio Approach
Sign in / Sign up

Export Citation Format

Share Document