MIT SMR Article, "The Risk of Not Investing in a Recession" - Winter 1993 Pankaj Ghemawat. Reprint 3424

Home

Sitemap

FAQ

About Us

MIT Sloan

View Cart

Back Issues

The Risk of Not Investing in a Recession

Pankaj Ghemawat

Topic: Financial Management

Reprint 3424; Winter 1993, Vol. 34, No. 2, pp. 51–58

Buy this article E-mail this page

Part of the Managing in Tough Times collection.
To view this collection, click here.

Managers who are struggling to make investment decisions during this recession may find it hard to take financial risks. Ghemawat argues that you must consider the competitive risks of not investing as well as the financial risks of investing. In his 1991 book, "Commitment: The Dynamic of Strategy" (New York: Free Press), he describes this problem in general. Here, he tackles the problem of balancing financial and competitive risks when it becomes most difficult at the bottom of the business cycle.


$	6.50	Buy PDF
$	12.00	Buy PDF and permission to copy
$	5.50	Buy permission to copy from your own original
$	6.50	Buy paper reprint
$	12.00	Buy paper reprint and permission to copy

Academic pricing and volume discount information

[top] [back]

Free Issue

Join our e-mail list.

Click "GO" to register to receive alerts and updates.