Matches in SemOpenAlex for { <https://semopenalex.org/work/W2906066145> ?p ?o ?g. }
Showing items 1 to 88 of
88
with 100 items per page.
- W2906066145 abstract "Failure to correct for pension risk leads to upward-biased discount rate estimates in firms with pension risk exposure. The result is a negative and economically significant relation between pension risk and corporate investment. The effect is confined to investment decisions that require discount rate estimates. Moreover, it is stronger if project value is more sensitive to such estimates. Because of this bias, firms miss valuable investment opportunities. The results survive robustness tests that address endogeneity concerns and alternative interpretations of the evidence. The general implication is that non-operating risks can distort corporate investment decisions." @default.
- W2906066145 created "2019-01-01" @default.
- W2906066145 creator A5006588001 @default.
- W2906066145 creator A5014999609 @default.
- W2906066145 creator A5038447459 @default.
- W2906066145 creator A5062422821 @default.
- W2906066145 date "2018-01-01" @default.
- W2906066145 modified "2023-09-25" @default.
- W2906066145 title "Pension Risk and Corporate Investment Distortion" @default.
- W2906066145 doi "https://doi.org/10.2139/ssrn.3106581" @default.
- W2906066145 hasPublicationYear "2018" @default.
- W2906066145 type Work @default.
- W2906066145 sameAs 2906066145 @default.
- W2906066145 citedByCount "0" @default.
- W2906066145 crossrefType "journal-article" @default.
- W2906066145 hasAuthorship W2906066145A5006588001 @default.
- W2906066145 hasAuthorship W2906066145A5014999609 @default.
- W2906066145 hasAuthorship W2906066145A5038447459 @default.
- W2906066145 hasAuthorship W2906066145A5062422821 @default.
- W2906066145 hasConcept C10138342 @default.
- W2906066145 hasConcept C104317684 @default.
- W2906066145 hasConcept C126780896 @default.
- W2906066145 hasConcept C127413603 @default.
- W2906066145 hasConcept C144133560 @default.
- W2906066145 hasConcept C149782125 @default.
- W2906066145 hasConcept C162118730 @default.
- W2906066145 hasConcept C162324750 @default.
- W2906066145 hasConcept C17744445 @default.
- W2906066145 hasConcept C185592680 @default.
- W2906066145 hasConcept C194257627 @default.
- W2906066145 hasConcept C199539241 @default.
- W2906066145 hasConcept C24326235 @default.
- W2906066145 hasConcept C27548731 @default.
- W2906066145 hasConcept C2780899237 @default.
- W2906066145 hasConcept C46362747 @default.
- W2906066145 hasConcept C55493867 @default.
- W2906066145 hasConcept C556758197 @default.
- W2906066145 hasConcept C610760 @default.
- W2906066145 hasConcept C63479239 @default.
- W2906066145 hasConcept C94625758 @default.
- W2906066145 hasConceptScore W2906066145C10138342 @default.
- W2906066145 hasConceptScore W2906066145C104317684 @default.
- W2906066145 hasConceptScore W2906066145C126780896 @default.
- W2906066145 hasConceptScore W2906066145C127413603 @default.
- W2906066145 hasConceptScore W2906066145C144133560 @default.
- W2906066145 hasConceptScore W2906066145C149782125 @default.
- W2906066145 hasConceptScore W2906066145C162118730 @default.
- W2906066145 hasConceptScore W2906066145C162324750 @default.
- W2906066145 hasConceptScore W2906066145C17744445 @default.
- W2906066145 hasConceptScore W2906066145C185592680 @default.
- W2906066145 hasConceptScore W2906066145C194257627 @default.
- W2906066145 hasConceptScore W2906066145C199539241 @default.
- W2906066145 hasConceptScore W2906066145C24326235 @default.
- W2906066145 hasConceptScore W2906066145C27548731 @default.
- W2906066145 hasConceptScore W2906066145C2780899237 @default.
- W2906066145 hasConceptScore W2906066145C46362747 @default.
- W2906066145 hasConceptScore W2906066145C55493867 @default.
- W2906066145 hasConceptScore W2906066145C556758197 @default.
- W2906066145 hasConceptScore W2906066145C610760 @default.
- W2906066145 hasConceptScore W2906066145C63479239 @default.
- W2906066145 hasConceptScore W2906066145C94625758 @default.
- W2906066145 hasLocation W29060661451 @default.
- W2906066145 hasOpenAccess W2906066145 @default.
- W2906066145 hasPrimaryLocation W29060661451 @default.
- W2906066145 hasRelatedWork W1441960360 @default.
- W2906066145 hasRelatedWork W17852755 @default.
- W2906066145 hasRelatedWork W2004334998 @default.
- W2906066145 hasRelatedWork W2023091589 @default.
- W2906066145 hasRelatedWork W2028066190 @default.
- W2906066145 hasRelatedWork W2045780581 @default.
- W2906066145 hasRelatedWork W2270486856 @default.
- W2906066145 hasRelatedWork W2323715772 @default.
- W2906066145 hasRelatedWork W2350534367 @default.
- W2906066145 hasRelatedWork W2379313274 @default.
- W2906066145 hasRelatedWork W2384541157 @default.
- W2906066145 hasRelatedWork W2500159810 @default.
- W2906066145 hasRelatedWork W2594249920 @default.
- W2906066145 hasRelatedWork W2612706306 @default.
- W2906066145 hasRelatedWork W2900415578 @default.
- W2906066145 hasRelatedWork W2999459236 @default.
- W2906066145 hasRelatedWork W3085095382 @default.
- W2906066145 hasRelatedWork W3122063076 @default.
- W2906066145 hasRelatedWork W3124303191 @default.
- W2906066145 hasRelatedWork W3124743824 @default.
- W2906066145 isParatext "false" @default.
- W2906066145 isRetracted "false" @default.
- W2906066145 magId "2906066145" @default.
- W2906066145 workType "article" @default.