This paper provides the first evidence on gender differences in investment financing, credit application and credit … internal capital in investment financing is higher and the share of external funds is lower than for male-owned firms. An … analysis of the supply- and demand-side on the credit market shows that women are not more likely to be denied credit but the …

relation between financial reporting quality and corporate investment decisions. Ineffective monitoring and capital rationing … by shareholders and banks due to information asymmetry may result in a lack of management's investment responses to … can reduce these problems and thus increase management's investment sensitivity to changes in growth opportunities. The …

investment and cash balances have increased. In sum, the data provide little basis for the view that short-termism in the EU …

wisdom as a proxy for investment opportunities and obscures a more complicated relationship between the accounting for … consistent with an investment-based explanation. Finally, we document evidence that issuers with low growth opportunities and …

In the presence of asymmetric information, the stage at which financing decisions are made about investment projects in … channeling savings into investment. This paper compares the implications of two extreme cases regarding the information possessed …

We examine the influence of institutional investors' investment horizons on a firm's cost of equity. We argue that the … cost of equity will decrease in the presence of institutional investors with longer-term investment horizons due to … of institutional investors with long-term investment horizons, all else remaining equal. Our results indicate also that …