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This paper investigates whether investment spending of firms is sensitive to the availability of internal funds …. Imperfect capital markets create a hierarchy for the different sources of funds such that investment and financial decisions are … not independent. The relation between corporate investment and free cash flow is investigated using the Bond and Meghir …
Persistent link: https://www.econbiz.de/10010493784
Persistent link: https://www.econbiz.de/10010493785
The paper investigates the impact of ownership concentration on the likelihood that firms are involved in innovative activities or invest in research and development. We find that more dispersed ownership significantly increases the probability that a firm is engaged in innovation or invests in...
Persistent link: https://www.econbiz.de/10010493786
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Unter heutigen Rahmenbedingungen muss davon ausgegangen werden, dass der globale Primärenergieverbrauch sich bis 2050 mehr als verdoppeln wird und die energiebedingten CO2-Emissionen sogar um 137% steigen. Die Abhängigkeit der OECD-Staaten von Energieimporten würde weiter wachsen und der...
Persistent link: https://www.econbiz.de/10010377783
with promising returns on investment. …
Persistent link: https://www.econbiz.de/10010377790
While investments into renewable energy technologies are growing almost everywhere, the chances to meet ambitious emission and climate targets, as those envisaged in the Paris Agreement, are scant. To speed up the transition, policy makers need to design and implement a policy mix that could...
Persistent link: https://www.econbiz.de/10012154815
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Energiewende in Deutschland waren insgesamt erfolgreich. Defizite und offene Fragen bestehen hingegen insbesondere bei der …, the first steps of the Energiewende in Germany are successful. However shortcomings and open questions, particularly …
Persistent link: https://www.econbiz.de/10010464609