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The growth of socially responsible investment on public financial markets has drawn considerable academic attention … the maturation of socially responsible investment on public financial markets and the impetus of large conventional actors …
Persistent link: https://www.econbiz.de/10009650054
In this paper, we analyze whether incoming foreign investment in China plays an important role in alleviating domestic … constrainted and whether direct foreign investment relaxes financing constraints of firms. When we split domestic firms into public … and private firms, we find that public firms' investment decisions are not sensitive to debt ratios or the cost of debt …
Persistent link: https://www.econbiz.de/10010750475
This article deals with the usefulness of neuronal networks in the area of corporate finance. Firstly, we highlight the initial applications of neural networks. One can distinguish two main types: layer networks and self organizing maps. As Altman al. (1994) underlined, the use of layer networks...
Persistent link: https://www.econbiz.de/10010750970
which firms are financially constrained. We focus on the role played by Foreign Direct Investment (FDI) in funding the … Chinese corporate sector, and analyze whether incoming foreign investment in China plays an important role in alleviating …
Persistent link: https://www.econbiz.de/10011025983
, gas, and renewable power plants). It finds that optimal investment in renewable energy may start before coal power has … been phased out and even before investment in gas has started, because doing so allows for smoothing investment over time … and reduces adjustment costs. Gas plants may be used to reduce short-term investment in renewable power and associated …
Persistent link: https://www.econbiz.de/10010890090
represented by the decrease in entropy of his beliefs, regardless of his preferences, initial wealth, or investment problem. We …
Persistent link: https://www.econbiz.de/10010930175
sector to study the impact of investment subsidies on equilibrium investment and output. Energy and capital are assumed to be … structures are considered for the energy market, free entry and natural monopoly. First, it is shown that investment subsidies … may induce a larger equilibrium investment into cleaner technologies either under free entry or natural monopoly. However …
Persistent link: https://www.econbiz.de/10009644796
contractual relationships that link exports from Sub-Saharan Africa to China and investment by Chinese firms in Sub-Saharan Africa … combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities …, especially in oil-exporting countries. Chinese investment, however, increasingly involves other sectors, such as the …
Persistent link: https://www.econbiz.de/10009353553
adjustment costs on investment. …
Persistent link: https://www.econbiz.de/10010750394
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a …, refers to the principle of "growth of the fitter" to explain investment-cash flow sensitivities as the workings of a healthy …
Persistent link: https://www.econbiz.de/10010750396