financing-hierarchy and credit-rationing hypotheses which indicate that domestic firms cannot easily borrow investment funds …In this paper, we examine net investment during the early stages of transition using micro data on the population of … models of investment and test if investment behavior varies across categories of ownership and with the legal status of firms …

The Venture capital (VC) industry in India is of recent origin. However, the average investment value of each deal in … performance. In the light of the differences in investment opportunities around India, and the nature of industrial development in … South East Asia in general, the author anticipated that the investment criteria employed by Venture Capital Firms (VCs) in …

This paper investigates the association between the corporate governance and the dividends payout policy for a panel of … Indian corporate firms over the period 1994-2000. We explain the differences in the dividend payout behavior of the firms … negatively associated, whereas past investment opportunities exert a positive impact on dividends. Ownership by the corporate and …

Limited liability debt financing of irreversible investments can affect investment timing through an entrepreneur … entrepreneur's unique investment opportunity, and it is shown in a standard model of irreversible investment that includes the … risks, and lowers the investment threshold. Compensating the lender for expected default losses reduces project …

not rely on the “smooth-pasting condition.” An application to MacDonald and Siegel’s canonical investment problem (1986 …) shows that the standard investment threshold over-estimates the optimal threshold when the lower barrier is absorbing and …

The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …