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 …

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 …

Recent developments in investment research have highlighted the importance of non-convexities and irreversibilities in … and structures and construct measures of fundamental Q to capture investment opportunities associated with each asset. To … uncover the pattern of dynamic adjustment we use non-parametric techniques to relate each individual investment to own …

's investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm's value due to profit sharing, linking this reduction to the …

We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which is originally situated in … relocate R&D activities. Finally, they engage in product-market competition. Our main points are: first, FDI liberalization … substantial, competition is not too strong and foreign markets are not too small. Second, such a relocation of R&D activities will …