Concepedia

Capital budgeting and delegation1We thank Bhagwan Chowdhry, Yaniv Grinstein, an anonymous referee, and seminar participants at Columbia, Duke, Hong Kong University of Science and Technology, Indiana, Tel Aviv, Vanderbilt, and the European Finance Association Meetings (Vienna, 1997).1

Milton Harris, Artur Raviv

Journal of Financial Economics · 1998 · 119 citations · 22 references

Concepts

Public AffairsBusiness EconomicsFinanceBudgetingCapital BudgetingFinancial EconomicsCapital AppropriationsCapital Budget PlanningCapital Budgeting AnalysisCapital Budget AdjustmentsCapital Budget AnalysisCapital Budget ControlCapital Budget InstitutionsCapital Budget PolicyCapital Budget PreparationCapital Budgeting DecisionsCapital Budgeting Under Exchange Rate Risk

References

22

Optimal contracts and competitive markets with costly state verification

Robert M. Townsend · Journal of Economic Theory · 1979 · 3.2K citations · Full text

Business, Contract Law, Economics +16

Internal Capital Markets and the Competition for Corporate Resources

Jeremy C. Stein · The Journal of Finance · 1997 · 1.9K citations

Management, Finance, Financial Management +17

Managerial Incentives and Capital Management

Bengt Holmström, Joan Ricart I Costa · The Quarterly Journal of Economics · 1986 · 710 citations

Management, Business Economics, Economics +12

Internal versus External Capital Markets

Robert Gertner, David Scharfstein, Johannes Stein · The Quarterly Journal of Economics · 1994 · 679 citations

Business, Business Economics, Finance +13

Asymmetric Information, Incentives and Intrafirm Resource Allocation

Milton Harris, Charles H. Kriebel, Artur Raviv · Management Science · 1982 · 495 citations

Social Sciences, Business Economics, Economics +14