Does Collaboration Pay? An Investigation for the Domain of Distributed Investment Decisions

Stephan Leitner, Alexander Brauneis () and Alexandra Rausch ()
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Alexander Brauneis: Alpen-Adria Universität Klagenfurt
Alexandra Rausch: Alpen-Adria Universität Klagenfurt

A chapter in Advances in Artificial Economics, 2015, pp 1-13 from Springer

Abstract: Abstract One of the most important tasks of corporate financial management is to assure the efficiency of investment decisions (Ryan and Ryan 2002 Dutta and Fan 2009). In corporate practice it can be observed that departments are often endowed with decision making authority regarding their investments. This is due to rapidly changing markets, products, and technologies, and decentral managers who are usually better informed with respect to these volatile economic circumstances (Schuster and Clarke 2010).

Keywords: Cash Flow; Investment Project; Investment Opportunity; Transfer Price; Residual Income (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-319-09578-3_1

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DOI: 10.1007/978-3-319-09578-3_1

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