A Stakeholder Rationale for Risk Management: Implications for Corporate Finance Decisions

Category	Uncategorized
Pages	210
ISBN10	3834909858
Tags	corporate decisions management rationale stakeholder
Description	Gregor Gossy, "A Stakeholder Rationale for Risk Management: Implications for Corporate Finance Decisions" Publisher: Gabler \| 2008 \| ISBN \| PDF \| 210 pages \| 1.65 MB 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. *Download here* (FREE download with the FAST speed) No another mirrors, please! >>>

Download A Stakeholder Rationale for Risk Management: Implications for Corporate Finance Decisions eBook