The paper investigates the relationship between the investment holding horizon and liquidity. I confirm and expand … investment decisions, which is an extension of the earlier findings of Teo (2011) for hedge funds …

We build a model of investment and financing decisions to study the choice between bonds and bank loans in a firm …'s marginal financing decision and its effects on corporate investment. We show that firms with more growth options, higher … investment. We test these predictions using a sample of U.S. firms and present new evidence that supports our theory …

This paper provides evidence for a causal effect of equity prices on corporate investment and employment. We use fire … whose stocks are most underpriced have considerably lower investment and employment than industry peers not subject to any … fire sale discount. The causal effect of underpricing on investment is found to be largely concentrated on the most …

This paper provides evidence for a causal effect of equity prices on corporate investment and employment. We use fire … whose stocks are most underpriced have considerably lower investment and employment than industry peers not subject to any … fire sale discount. The causal effect of underpricing on investment is found to be largely concentrated on the most …

frequently taken place at the local level, by strategic investment funds and some green banks. At the same time, some …

how fluctuations in individual crypto wealth affect household consumption, equity investment, and local real estate … consumption and investment into other asset classes …

We ask whether the quality of internal information matters for investment decisions. We predict that investment is more … information properties. We find that the sensitivity of investment to profitability is increasing, while the sensitivity of … investment to market-to-book is decreasing in internal information quality. Our focus on internal information and decision making …