Why do hurdle rates differ from the cost of capital?

Cambridge Journal of Economics

Volumn 34, Issue 3, 2009, Pages 501-523

  Driver, Ciaran ^a   Temple, Paul ^b  

^a IMPERIAL COLLEGE LONDON   (United Kingdom)

^b UNIVERSITY OF SURREY   (United Kingdom)

Author keywords

Agency; Governance; Hurdle rate; Investment; PIMS database; Real options; Strategy

Indexed keywords

CAPITAL; DECISION MAKING; GOVERNANCE APPROACH; INDUSTRIAL INVESTMENT; PROFITABILITY; STATISTICAL ANALYSIS; STRATEGIC APPROACH;

NORTH AMERICA;

EID: 77952225012     PISSN: 0309166X     EISSN: 14643545     Source Type: Journal    
DOI: 10.1093/cje/bep013     Document Type: Article

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