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Does Firm Size Matter? Evidence on the Impacts of Liquidity Constraints on Firm Investment Behaviour in Germany

Audretsch, David B; Elston, Julie Ann - C.E.P.R. Discussion Papers - 1994

This paper examines the link between liquidity constraints and investment behaviour on the one hand, and firm size on the other for a large sample of German firms over the time period 1968-85. The results indicate that smaller firms tend to have investment functions which are more sensitive to...

Persistent link: https://www.econbiz.de/10005123842

Does Science Make a Difference? Investment, Finance and Corporate Governance in German Industries

Audretsch, David B; Weigand, Jürgen G - C.E.P.R. Discussion Papers - 1999

This paper examines the impact of industry knowledge conditions and corporate governance structures on tangible … all. However, governance structures play an important role. After accounting for the mode of corporate governance, we …

Persistent link: https://www.econbiz.de/10005661833