Operational Flexibility Impact on Firm Risk
The paper shows that operational flexibility reduces implied volatility and equity cost, based on the introduction of an exit option.
Featured in No. 103 on 25 Jun 2025 · 37 days after release
- Released
- 19 May 2025
- First featured
- No. 103 · 25 Jun 2025
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 32
- Identifier
- SSRN 5234344
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