exposure and, probably as a consequence, boards in carbon intensive companies use dividend policies to attract investment in …, multiple total stock return measures distinguishing dividend payouts from simple stock returns. Results suggest that both … explicit and implicit risks are positively related to dividend payouts and not to stock returns, while the overall effect on …

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …

them set up as Foreign Direct Investment (FDI). This industry offers a peculiar advantage as a laboratory for social … science when exploring cash-flow sensitivity: given time to build, investment decisions depend on the expectations of the long … considered Foreign Direct Investment in the Balance of Payments, at least in the short run, a significant fraction of it does not …