Browsing Research Articles (Gordon Institute of Business Science (GIBS)) by Subject "Real options"

Browsing Research Articles (Gordon Institute of Business Science (GIBS)) by Subject "Real options"

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  • The investment return puzzle on the Johannesburg Stock Exchange 
    Semnarayan, Pravin; Ward, Michael; Muller, Chris J. (NISC Pty (Ltd) and Informa Limited (trading as Taylor & Francis Group), 2018)
    Firms that invest into positive net present value projects should outperform firms that do not invest. Surprisingly, several studies on United States data have found a negative relationship between capital investment and ...