Showing 1 - 10 of 53
This paper studies the impact of remittances on investment. Workers’ remittances to developing countries have grown to … investment in the home countries of the migrants. The importance of financial and institutional framework in the receiving … institutional framework and well developed credit market increase investment. However, it is also found that the marginal importance …
Persistent link: https://www.econbiz.de/10008626057
studies in the evaluation of firms’ investment performance has shown significant differences in the valuation of firms …’ investment performance, the existing empirical evidence suggest that institutional owners have a positive influence on firms …’ investment performance. Studies that looks at the role of institutional owners from the perspective of dividend policy has shown …
Persistent link: https://www.econbiz.de/10008546347
This paper examines how ownership concentration affects investment performance, and in particular how deviations from …
Persistent link: https://www.econbiz.de/10005644900
In a frictionless milieu retentions should have no impact on investment behavior. However, empirical studies typically … find that retentions are an important determinant of investment. Managerial discretion and financial constraints are two … of retentions as a determinant of investment. Measures of Tobin’s Q, marginal q and sales accelerator are used to control …
Persistent link: https://www.econbiz.de/10005644962
investments decided by the management. Empirical studies of investment and performance based on marginal q have demonstrated the … market bubble. We find an anomaly in form of a new industry specific effect that, in addition to investment, explains changes …
Persistent link: https://www.econbiz.de/10005644963
During the mid and late 1990s young, high-tech firms in the U.S. experienced a supply shift in both internal and external equity fueling a finance driven boom in corporate R&D. I estimate dynamic R&D regression models for high-tech firms, separately for the U.K. and Continental Europe, and find...
Persistent link: https://www.econbiz.de/10004969810
investments, externalities and key actors in national innovation systems and productivity. This study explores whether foreign … knowledge technological knowledge spillover does not manifest itself in superior innovation output or productivity performance … that is subsequently exploited in affiliates abroad. Correspondingly, the innovation and productivity performance in …
Persistent link: https://www.econbiz.de/10005419308
This paper serves as another complementary link in a chain of a rather limited number of investigations in the R&D-innovation-productivity … relationship within service industries. Innovation has been found to be a major contributor to productivity growth in manufacturing … evidence that the reported weak rate of productivity growth in knowledge intensive services can be explained by a low …
Persistent link: https://www.econbiz.de/10005419309
labour productivity. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behaviour … choose and afford to have a complex innovation strategy are better off in terms of their future productivity in compare with …. Moreover, not all types of complex innovation strategies affect the future productivity significantly; rather, there are only …
Persistent link: https://www.econbiz.de/10011201802
performance for 55 to 78 countries, using three measures of economic performance – economic output (GDP per capita), productivity … (total factor productivity) and innovative performance (patents). The results confirm the hypothesis, indicating that our …
Persistent link: https://www.econbiz.de/10008626066