This study analyzes the effect of managerial style on firm value by partitioning general and administrative (G&A) expenses in the REIT industry into a nondiscretionary “structural” component associated with the costs of asset and liability management and a discretionary or “style” component. The discretionary component is significantly related to at least one measure of stylespecifically, the p...

________________________________________________________________________ Abstract. The Firm-Value Risk Model combines the technology of actuarial optimal dividends models with insights regarding financial frictions from financial economics, especially as they apply to risk transfer in (re)insurance firms. This paper illustrates, by numerical solution of a set of case studies, how certain styliz...

The purpose of this study is to examine two relationships: (1) innovation capital and firm value; (2) risk. population was all companies listed on the Indonesia Stock Exchange from 2016-2020, required research sample drawn using a purposive sampling technique. Data analysis technique used multiple linear regression. result revealed that had positive statistically significant effect value, but n...