Research

   Areas of Interest:

• Corporate Policies (e.g., capital structure, dividend policies)
• Incentives (e.g., managerial behavior, compensation policy)
• Capital Budgeting (e.g., real options)
• The Ethics of Finance

    Areas of Current Investigation:

• Compensation Policy and Its Effect on Corporate Policies
• Real Options on Multiple Assets
• Capital Structure Modeled as a Differential Game

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