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Investment under uncertainty
Authors: ---
ISBN: 0691034109 9786613379559 1283379554 1400830176 9780691034102 Year: 1994 Publisher: Princeton, N.J. Princeton University Press

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Abstract

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

Keywords

658.168 --- 658.143 --- theories economiques --- investissements des entreprises --- marches financiers --- AA / International- internationaal --- 339.312.3 --- 339.312.0 --- 339.312.2 --- bedrijfsinvesteringen --- economische conjunctuur --- investeringstheorie --- 658.1554 --- Capital investments --- -Capital investments --- -658.168 Capital increase and reduction. Financial reconstruction. Fusion --- Capital increase and reduction. Financial reconstruction. Fusion --- Capital expenditures --- Capital improvements --- Capital spending --- Fixed asset expenditures --- Plant and equipment investments --- Plant investments --- Investeringsbeleid --- economische theorieen --- financiele markten --- Financiering van de bedrijven. --- Investeringen: algemeenheden. --- Maatstaven voor de beslissingen van investeringen. --- Decision making --- Decision making. --- Investissements de capitaux --- Prise de décision --- -Capital expenditures --- 658.168 Capital increase and reduction. Financial reconstruction. Fusion --- Investeringen: algemeenheden --- Maatstaven voor de beslissingen van investeringen --- Financiering van de bedrijven --- Finances --- Investissements de capitaux. --- Incertitude (economie politique) --- Calcul economique --- Investissements --- Prise de decision. --- Options (finances) --- Contrats d'options --- Marchés à options --- Marchés d'options --- Marchés des options négociables --- MONEP --- Opérations à option --- Options d'achat (finances) --- Options de vente (finances) --- Options négociables --- Stellage --- Options --- Couverture --- Options réelles (finances) --- Marchés d'indices boursiers --- Option de change --- Options sur actions --- Options exotiques --- Bourse --- Bourses de marchandises --- Option (contrat) --- Instruments dérivés (finances) --- Cadrage (décision) --- Décision, Prise de --- Décision, Théorie de la --- Décision (psychologie) --- Processus de décision --- Processus décisionnel --- Théorie de la décision --- , Systèmes de --- , Méthode --- (psychologie) --- Modèle de fixation du prix des actifs --- Multiplicateur (économie politique) --- Décision économique, Prise de --- Rationalisation des choix budgétaires --- Coût-efficacité --- Gestion d'entreprise --- Prise de décision --- Risque financier --- Analyse stratégique --- Anticipations rationnelles, Théorie des --- Capital --- Capitaux, Investissements de --- Dépenses d'équipement --- Dépenses en capital --- Entreprises --- Investissements industriels --- Investissements manufacturiers --- Investissements de remplacement --- Hôpitaux --- Budget d'investissement --- Coût du capital --- Crédit d'impôt à l'investissement --- Équipement industriel --- Investissements immatériels --- Rentabilité --- Modeles mathematiques. --- finances) -- Évaluation --- finances --- philosophie --- Renouvellement --- Nudge --- Tirage au sort --- Choix --- Rationalité managériale --- Résolution de problème --- Volonté --- Effectuation --- Théorie de la dépendance au sentier --- Dilemme --- Paradoxe d'Allais --- Programmation linéaire --- Recherche opérationnelle --- Systèmes d'aide à la décision --- Tables de décision --- Théorie des jeux --- Arbres de décision --- Calcul économique --- Choix collectif --- Commandement et conduite des opérations, Systèmes de --- Décision de groupe --- Décision multicritère --- Delphi, Méthode --- Choix (psychologie) --- Investment management


Book
Le régime fiscal des sociétés holdings en Belgique
Authors: ---
ISBN: 2804419827 9782804419820 Year: 2008 Volume: 5 Publisher: Bruxelles Larcier

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Holding companies --- Holdings --- 333.138.2 --- BPB0904 --- Holding --- Actieve organismen.Holdings. Portefeuillemaatschappijen. --- Taxation --- Law and legislation --- Droit fiscal --- impot des societes --- holding --- BE / Belgium - België - Belgique --- 348.5 --- vennootschapsbelasting --- Belastingsrecht. --- Fiscaal recht --- Company law. Associations --- Tax law --- Belgium --- nodokļu likums --- dritt tat-taxxa --- direito fiscal --- vero-oikeus --- fiscaal recht --- diritto tributario --- prawo podatkowe --- davčno pravo --- данъчно право --- porezno pravo --- skatterätt --- tax law --- maksuõigus --- Steuerrecht --- e drejta fiskale --- drept fiscal --- φορολογικό δίκαιο --- mokesčių teisė --- Derecho fiscal --- daňové právo --- даночно право --- adójog --- skatteret --- пореско право --- maksualased õigusaktid --- fiscale voorschriften --- adótörvény --- даночни прописи --- legislație fiscală --- normativa fiscale --- Derecho tributario --- tax legislation --- mokesčių įstatymai --- législation fiscale --- regulamentação fiscal --- φορολογική νομοθεσία --- mokesčių reguliavimas --- daňová legislativa --- daňové předpisy --- daňová legislatíva --- legislação fiscal --- legislazione fiscale --- daňový zákon --- skattebestämmelser --- rregullore tatimore --- verosääntely --- adójogi előírások --- даночно законодавство --- Steuergesetzgebung --- skattelovgivning --- tiesību akti nodokļu jomā --- adójogszabályok --- regolamentazione fiscale --- legjislacion tatimor --- maksumäärus --- réglementation fiscale --- verolainsäädäntö --- skattelagstiftning --- porezno zakonodavstvo --- nodokļu likumdošana --- steuerrechtliche Bestimmung --- porezni propisi --- skattebestemmelser --- φορολογικές ρυθμίσεις --- normativa fiscal --- reglamentación fiscal --- фискални прописи --- daňové predpisy --- legislación fiscal --- fiscale wetgeving --- tax regulation --- kontrolakciju sabiedrība --- холдинг --- holdingselskab --- kumpanija holding --- holdingbolag --- holding company --- valdusettevõte --- cuideachta sealbhaíochta --- χόλντινγκ --- kontroliuojančioji bendrovė --- shoqëri aksionere --- holding društvo --- hallintayhtiö --- акционерско друштво --- podílnická společnost --- holdingová spoločnosť --- hooldekompanii --- société de portefeuille --- холдинг компанија --- companhia controladora --- shoqëri tregtare menaxhimi --- sociedade de gestão de carteiras --- holdingtársaság --- Verwaltungsgesellschaft --- management company --- εταιρεία διαχείρισης περιουσιακών στοιχείων --- holdinška družba --- holdingmaatschappij --- ελέγχουσα εταιρία --- sociedad de cartera --- εταιρία επενδύσεων --- obvladujoča družba --- správcovská společnost --- portföljbolag --- towarzystwo holdingowe --- холдинг друштво --- kotrollförening --- kapitalförvaltningsbolag --- società di partecipazione --- podjetje za upravljanje --- società controllante --- Beteiligungsgesellschaft --- krovno podjetje --- kontrolná spoločnosť --- société de gestion --- spółka zarządzająca --- részesedési társaság --- Holdinggesellschaft --- ellenőrző társaság --- società di portafoglio --- società finanziaria --- valdymo bendrovė --- compañía tenedora --- Dachgesellschaft --- sociedad de gestión --- управляващо дружество --- société de participation --- εταιρεία συμμετοχών --- εταιρεία χαρτοφυλακίου --- vērtspapīru pārvaldīšanas uzņēmējsabiedrība --- holding poduzeće --- società holding --- krovno poduzeće --- sociedad holding --- sociedade de gestão --- sociedade de participação --- sociedade holding --- kontrolní společnost --- società di gestione --- société holding --- société de contrôle --- sociedad de participación --- холдингово дружество --- beheersmaatschappij --- portfoliová společnost --- sociedad de control --- compañía principal --- spółka matka --- holdingyhtiö --- holdingcég --- holdingová společnost --- haldusühing --- Managementgesellschaft --- società di partecipazione finanziaria --- società capogruppo --- hoiuühing --- matično podjetje --- матично предузеће --- Belastingsrecht --- Actieve organismen.Holdings. Portefeuillemaatschappijen --- dlí cánach --- fiscalité des entreprises --- DROIT FISCAL --- Impôt sur les revenus --- IMPOT DES SOCIETES --- Dividendes --- Plus-values sur actions --- Réductions de valeurs --- Frais financiers --- Précompte immobilier sur les intérêts --- Avantages anormaux ou bénévoles --- Options sur actions --- Actions --- BELGIQUE --- SOCIETE HOLDING --- revenus définitivement taxés --- retenue à la source --- moins-values sur actions --- Prêt - cession - rétrocession - convention de gage --- certification belge

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