Finance and Credit

Abstracting and Indexing

РИНЦ
Referativny Zhurnal VINITI RAS
Worldcat
LCCN Permalink
Google Scholar

Online available

Eastview
eLIBRARY.RU
Biblioclub

Home

Journals

Finance and Credit

18(498) - 2012 May

Factors of adoption of investment decisions in the conditions of uncertainty: example of the Russian companies

Vol. 18, Iss. 18, MAY 2012

Available online: 28 April 2012

Subject Heading: Investment potential

JEL Classification:

Aistov A.V. PhD in Economics, associate professor of department "Economic Theory and Econometrics", National Research University "Higher School of Economics", Nizhny Novgorod
aaistov@hse.ru

Kuzmicheva E.E. Lecturer of department "Financial Management", National Research University "Higher School of Economics", Nizhny Novgorod
ekuzmicheva@hse.ru

The article discovers results of empirical estimators of uncertainty, rational and behavioral factors influence on investment policy (capital investment) of Russian companies. On the base of theoretical models of Sandmo, Bo & Sterken it was made an assessment using Ordinary Least Squares method, models considering data panel structure, Generalized Method of Moments on a sample of Russian companies.

Keywords: capital investment, attitude towards risk, demand uncertainty.

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4

April 2024