This paper examines the relation between firm investment ratios and institutional blockholder ownership for a sample of …-term, and local institutional investors boost investment ratios, consistent with the monitoring role and blockholder voice …

opportunities and investment demand. Financial development primarily affects firms' external financing constraints. (2) Large firms …

This study examines the impact of financial development on corporate investment in terms of their influence on … financing constraints. This study also tries to find the effect of financial development on the investment-cash flow sensitivity … that cash flow affects the investment decision of the company positively, which implies that Indian firms are financially …

subsequent decrease in real investment precisely in firms that invest too much. In support of the monitoring hypothesis, we show … influence on investment. We address the potential problem of endogeneity using the inclusion of a firm to the S&P 500 Index as …

monitor the company and their investment more effectively than grey institutional investors. They can significantly influence …

The study investigates the role of financial development in boosting the investment efficiency of firms' investments in … concludes that firms suffering from under- (over-) investment problem due to financing constraints (agency problem), are more … likely to increase (decrease) their investment' in the response of underlying financial development in the economy. This …

investment decisions made at the micro level of the firm. The study focuses on Asian emerging markets since they have widely …

on corporate long-term investment measured by a firm's R&D spending. We find robust evidence that the corporate R …&D investment level is significantly lower during the interim CEO appointment period. The negative association between R …