Showing 1 - 10 of 210
In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and that the effect is heterogeneous across firms of...
Persistent link: https://www.econbiz.de/10012820828
Motivated by the literature on the finance–growth nexus, this paper explores the mechanisms through which finance affects corporate investments and capital accumulation. We separate the effects of financial conditions from those of financial development. Based on a sample of firms from five...
Persistent link: https://www.econbiz.de/10009781240
The paper examines the relationship between cross-border mergers and acquisitions (M&A) and financial development in emerging Asian economies. Bilateral data of cross-border M&A for nine emerging Asian economies during 2000-2009 are analyzed with a sample selection model and panel data model....
Persistent link: https://www.econbiz.de/10008991300
The purpose of this study is to investigate how firms responded to the deterioration of bank health during the financially turbulent periods in the 2000s in making investment decisions and in meeting demand for liquidity. A rise in uncertainty regarding the ability to obtain external funds may...
Persistent link: https://www.econbiz.de/10009734202
This paper investigates the financial determinants of research and development (R&D) investment in Asia, where …
Persistent link: https://www.econbiz.de/10010192343
in arresting continuing environmental degradation in the Asia and Pacific region. Quoting examples, the paper asserts …
Persistent link: https://www.econbiz.de/10003758443
). This paper examines the competitive position of suppliers from developing Asia in the expanded EU clothing market relative …
Persistent link: https://www.econbiz.de/10003758447
Sovereign wealth funds (SWFs) are emerging as developing Asia's main policy tool for handling the region's excess …-risk, high-return investments, and are subject to a wide range of downside risks. The underlying nature of Asia's reserves, which … implication is that the transformation of Asia into a major exporter of capital raises the possibility that capital outflows can …
Persistent link: https://www.econbiz.de/10003767989
frequent, longer lasting, and more severe in Asia than in the Organisation for Economic Co-operation and Development countries … financial crises or recessions in Asia. In view of the current global crisis and severe financial downturns, Asian economies are …
Persistent link: https://www.econbiz.de/10003832190
. An overwhelming response across Asia as international oil prices spiked in 2008 was to shield domestic consumers more …. Additionally, in combination with lower growth rates, higher spending to rev up demand across Asia is also worsening the fiscal …
Persistent link: https://www.econbiz.de/10003832198