We study the relationship between corporate debt, corporate risk and firm-level investment, using a sample of 25 …,000 listed companies across 47 countries over the last two decades. We find higher leverage reduces investment but show the … leverage observed during the last decade and as a result of the Covid-19 pandemic, physical investment is expected to remain at …

frictions can have significant effects on maturity choices and investment. A policy intervention improves liquidity, reduce long …-term financial costs and promotes investment in longer-term projects …

investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …