This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two … of capacity investment: flexible firm makes decision about general and specific components’ capacity and inflexible firm …

This paper explores whether and why misvaluation affects corporate investment by comparing tangible and intangible … especially R\&D expenditures increase with overpricing; but only among overvalued firms. Misvaluation affects investment both … factors that influence the strength of misvaluation effects on investment. Generally the equity channel reinforces direct …

managers enjoy larger allocations. We use a new dataset of planned and actual allocations to business units to show that …, although all unit managers systematically over-budget capital expenditures, more powerful and better connected managers obtain … larger shares of cash windfalls and increase investment about 40% more than their less powerful peers. Results survive …

. This contradiction is between increasing dependence of growth on investment demand and the absence of a commensurate … tends to be relatively concentrated. This had already generated a collapse of investment and a manufacturing centered growth … sharp revival of investment which generated this growth, but in the process the contradiction started surfacing again. With …

the factors which infl uence corporate investment decisions, during the period 2000-01 to 2008-09. The fi ndings revealed … growth in value of production are signifi cant in determining corporate investment decisions. At macro level, capital market … developments and real effective exchange rate are signifi cant in infl uencing corporate investment decisions, whereas, infl ation …

Several recent studies have shown that uncertainty affects investment decisions. Specifically, demand and/or price … uncertainty are found to depress corporate investment in e.g. the United States. This paper investigates whether similar results … constraints. Uncertainty of demand, output prices and investment prices are measured by the standard deviation of (pre …

The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model techniques. The long run estimation reveals causality between investment and saving for the entire sample. The Granger … causality tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …

means that can combine these two aims is a well-defined investment process. Through this paper work we tried to summarize … around 26 years of experience of a group of traders and investment advisors. What’s common to all of them is the definition …

individual companies, focusing on the implications for both researchers and investment practitioners. I develop inflation … companies. I find that inflation-based investment strategies conditioned on information available to investors as of the initial … investment and rebalancing dates result in significant risk-adjusted returns. I also investigate the sources of abnormal returns …