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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19206| Title: | Option Value, Policy Uncertainty, and the Foreign Direct Investment Decision |
| Keywords: | F21 E22 D81 D92 ddc:330 Real options Investment Foreign Direct Investment Political Uncertainty Direktinvestition Betriebliche Investitionspolitik Realoption Politische Stabilität Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | In this paper we analyse the impact of policy uncertainty on foreign direct investment strategies. The paper follows the real options approach, which allows to investigate the value to a firm of waiting to invest and/or disinvest, when payoffs are stochastic due to political uncertainty and investments are partially reversible. Across the board we find that political uncertainty can be very detrimental to FDI decisions. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19206 |
| Other Identifiers: | http://hdl.handle.net/10419/19206 ppn:365273368 RePEc:zbw:hwwadp:26373 |
| Appears in Collections: | EconStor |
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