In this paper the impact of the corporate tax systems of the 15 EU-member states on the investment and the financing … which can affect cross-border location, investment and financing decisions. Moreover, recent reform proposals in Germany are … likely to have an impact both on investment patterns and financing decisions of US multinationals in Germany. …

&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest …&D investment is smaller in concentrated markets those where market power is higher and strategic rivalry is more intense. Further …, the effect of uncertainty on R&D investment is attenuated for large firms which may be the result greater economies of …

presents empirical results on R&D intensity with respect to sales and to investment into capital. We find that firms with … limited liability undertake more R&D than other firms. The legal form has no impact on capital investment. …

SRI equity investment funds and equity indices is investigated using Jensen's alpha as performance measure. The analysis … investment style of the SRI funds and indices. It is found that most of the SRI assets have a similar performance than their … specific risk-return characteristics (investment styles) that might be characterised as special investment vehicles different …

This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify …, measured by mark-ups, are more decisive for R&D than for capital investment. For external constraints, we find a monotonic … relationship between the level of constriction and firm size for both types of investment. Thus, external constraints turn out to …