We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for … funds for financing such investments and they manage their cash flow to ensure this. Evidence shows that there are limits to …

on the financing of 1157 worldwide private equity deals from 1980 to 2008. Buyout leverage is cross-sectionally unrelated … availability of financing impacts booms and busts in the private equity market, and that agency problems between private equity …

to bypass attractive investment opportunities, with 86% of constrained U.S. CFOs saying their investment in attractive … their planned investment. Our results also hold in Europe and Asia, and in many cases are stronger in those economies …

employee reports on the quality of labour-management relations and establishment average measures of employee performance 4) a … positive relation between average employee performance and average employee-management relations at the country level, but no … relation between country level performance in the firm and measures of the extent of national labour regulations or practices …