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Keywords: Downside risk
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Journal Articles
European Business Review (2022) 34 (2): 191–223.
Published: 17 June 2021
...Claus Højmark Jensen; Thomas Borup Kristensen Purpose This paper aims to extend the understanding of how real options reasoning (ROR) is associated with downside risk and how a firm’s portfolio (explore and exploit) of investment activities affects managers’ ability to effectively apply ROR...

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