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A Stakeholder Rationale For Risk Management Implications For Corporate Finance Decisions Gregor Gossy

Name: A Stakeholder Rationale For Risk Management Implications For Corporate Finance Decisions Gregor Gossy
SKU: BELL-2200826
Price: 31.00 USD
Availability: InStock
Rating: 4.25 (18 reviews)

SKU: BELL-2200826

$ 31.00 ~~$ 45.00~~ (-31%)

4.3

18 reviews

A Stakeholder Rationale For Risk Management Implications For Corporate Finance Decisions Gregor Gossy instant download after payment.

Publisher: Gabler

File Extension: PDF

File size: 1.91 MB

Pages: 219

Author: Gregor Gossy

ISBN: 3834909858

Language: English

Year: 2008

Product desciption

A Stakeholder Rationale For Risk Management Implications For Corporate Finance Decisions Gregor Gossy by Gregor Gossy 3834909858 instant download after payment.

Ordinarily, only the interests of shareholders, debtholders, and corporate management are taken into account when analyzing corporate financial decisions while the interests of non-financial stakeholders are often neglected. Gregor Gossy develops a so-called stakeholder rationale for risk management arguing that firms which are more dependent on implicit claims from their non-financial stakeholders, such as customers, suppliers, and employees, prefer conservative financial policies. In order to perform panel data analyses of the determinants of corporate financial decisions, the author uses data from Austrian and German industrial companies.