The small and nondiversified
Montenegrin economy could not produce the goods required by its citizens; therefore, a majority of goods were imported.
Estonian shale oil producers, with the total capacity of 30 000 barrels per day, are nondiversified
minor businesses at high risk regarding oil prices and other industry-related factors.
Also, the fund is considered nondiversified
which could cause greater fluctuation in share price than would occur in a diversified fund, therefore an investment in the fund involves risks, including loss of principal.
Disruptions in financial technology like marketplace lending, automated wealth management and e-payment platforms threaten to erode traditional banks' historical share of these profitable products, and imbalanced loan portfolios can expose nondiversified
lenders to industry-specific losses like those currently threatening energy-related assets.
Many face macroeconomic risks, owing to exchange-rate volatility, large debt burdens, and nondiversified
, unsustainable economic structures.
However, finance theory suggests that diversified shareholders would prefer that risk-averse managers be provided with a share of the upside without the downside, so as not to increase the risk aversion of a manager who likely has a nondiversified
financial and human capital investment in the firm.
Accordingly, we find that nondiversified
family firms have the highest mean of Excess Value (0.
In many ways, the company stock lawsuits were predictable, because company stock is a nondiversified
investment, meaning that the losses can be large -- perhaps even total.
The podium support / conference space could also accommodate an additional 4,200 people, resulting in total nondiversified
building population of 17,000 people.
Smith and Stulz, 1985; May, 1995; Tufano, 1996; Allayannis, Lel, and Miller, 2003) note that corporate risk management activities may be motivated by the objective of maximizing managers' utility function, particularly when they have nondiversified
financial and human capital that is tied to the firm's wealth.
However, this is also true for nondiversified