Keywords: Investment
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Journal Articles
Review of Accounting and Finance (2026) 25 (2): 149–179.
Published: 20 February 2026
... how blue economy water-related investments are more profitable, less volatile and follow more conservative investment policies than renewable energy investments. Findings also suggest a preference for value-driven firms within water-related industries, while clean energy firms are often growth...
Journal Articles
Journal Articles
Review of Accounting and Finance (2019) 18 (3): 346–365.
Published: 15 July 2019
... exogenous random demand shocks for the firm’s products as a source of risk. Design/methodology/approach The elasticity risk measure accounts for corporate taxes and the cost of bankruptcy. The methodology is selecting optimal level of production investment and capital structure to generate efficient...

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