Capital Stock and Investment

T. V. S. Ramamohan Rao ()
Additional contact information
T. V. S. Ramamohan Rao: Indian Institute of Technology Kanpur

Chapter Chapter 8 in Managerial Discretion in Imperfect Markets, 2023, pp 123-139 from Springer

Abstract: Abstract Almost all the short-run managerial decisions studied in the earlier chapters depend on the stock of capital available to the firm. The decision to increase the stock of capital crucially depends on the growth in the sales of the firm, availability of finances, the cost at which different financial instruments are available, and the technological changes in the process of production. Earlier studies on the capital stock decision emphasized only one of these aspects and excluded others. An attempt is therefore made to trace the path of transition based on available empirical results. Similarly, the resulting notion of managerial discretion pertains to many other dimensions not hitherto mentioned. Thus, this chapter offers a logical transition to a study of financial decisions considered in the chapters that follow.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-1537-8_8

Ordering information: This item can be ordered from
http://www.springer.com/9789819915378

DOI: 10.1007/978-981-99-1537-8_8

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().