Managerial and Financial Barriers to the Net-Zero Transition

Transition to a Functional Financial Safety Net in

Analysis and Optimization using Renewable Energies to Get Net-Zero Energy Building for Warm Climate

Due to low energy price, economic optimization of consumption has no justification for users in Iran. Nowadays, the issue of ending fossil fuels, production of greenhouse gases and the main role of building in consumption of considerable amount of energy has drawn the focus of global researches to a new concept called net zero energy building. In this study, modeling, simulation and energy anal...

Barriers and the Transition to Modern Growth∗

This paper argues that barriers affect both the beginning date and the subsequent pace of modern growth, and taking into account this fact enriches our knowledge of cross-country income differences. The model matches the observed inverted U-shape of cross-country income differences, which implies that a substantial fraction of current income differences is transitional. Hence, the model require...

Effects of Managerial Sentiments and Financial Constraints on Investment Sensitivity

Abstract: In the present study, managerial sentiment refers to the pleasant and optimistic feeling of the managers and decision makers in the companies. Optimism can be considered a spiritual state showing ones hope for the future. Talking about a company, it is the manger’s hope for future of the company. Accordingly, the present study examines effects of the managerial optimism on the relati...

Managerial Preferences , Corporate Governance , and Financial Structure ∗

Conflicts of interest between insiders (e.g, controlling shareholders) and outsiders (e.g., minority shareholders) are central to the analysis of modern corporation. In an integrated continuous-time contingent claims framework with imperfect corporate governance, we examine a controlling shareholder’s optimal choice of capital structure, ownership concentration, private benefit diversion, consu...